Month: October 2020

4 Ways to Keep Track of Your Expenses During a Pandemic

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As a result of the pandemic outbreak, close to 50 million Americans have filed for unemployment benefits and the number significantly increases weekly. If you are one of them, then you are probably experiencing a strain on keeping control over your finances and track your expenses. In response, the government has increased unemployment benefits and deferred loans to keep individual finances afloat for the time being. To reduce the pandemic’s effect on finance, congress approved a $600 unemployment lifeline to Americans out of work, but this stimulus is not likely to be extended.  How to Track Your Expenses Financial literacy has not been as important as it is now, and even though it can get complicated, it is necessary. To … Read more

How Rising Healthcare Costs Can Frustrate Your Retirement Dreams

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Benefits of a health savings account

Although elderly people (ages 65 and older) only account for 16% of the current U.S. population, data from the Kaiser Family Foundation found this age group accounts for 36% of all healthcare spending in the U.S. each year. When you factor in people 55+ years old, this demographic comprises just 29% of the U.S. population but accounts for 56% of all healthcare spending. The fact that older people have more expensive, more frequent healthcare needs than younger people is no surprise, but it’s alarming to see just how much money quality geriatric care requires, especially in a time when healthcare costs are rising much more quickly than wage growth and cost-of-living adjustments (COLA) for social programs like Social Security. The … Read more

When You Might Need Professional Financial Planning Services?

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Do not forget to follow up from a business conference.

Financial planning is something many people mistakenly believe is only for rich people or older people who are approaching retirement. The reality is that financial planning services can come in helpful at various stages of life far before you get ready to retire. It also is handy for people regardless of how much money or how many assets they have. It is never the wrong time to get your finances in order. You don’t need to be well off to benefit from these financial planning services, either. Using these financial planning services is a smart move that can help you determine the best way to handle the money you do have now and in the future. What It Offers Financial … Read more

Top 5 Secrets to Increase Harmony in Your Marriage

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Harmony in marriage is the foundation of a long-lasting relationship, care, romance, and love. Regardless of whether you have been married for a few months or decades, it is vital to take steps to uphold some spark in your relationship. While it might sound incredible to get away to an exotic island where you will spend days sipping flavored drinks on the beach with your spouse, there are other ways to electrify your relationship. Reconsider Your Partner’s Needs As the years go by, your partner’s expectations change; what your partner needed when you first got married may not be exactly what they want right now. Don’t get it wrong, they still love you, only that some things have changed. Let’s … Read more

How to Get Rid of Debt from Your Life for Good

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Do you have mounting debts that are running away from you? Do you feel as though you have lost control over your personal finances? Well, you’re not alone. Around one in six people struggle with debt and have a problem with it. But there are ways out of debt if you know how to tackle it. You can get rid of debt for good. How to Get Rid of Debt for Good In this article, we’ll look at debt and the steps that you can take to minimize or completely remove it from your life. We’ll provide some practical tips for handling your finances and some habit changing tips that will change the way that you handle money. Read on for how … Read more