The following is a guest post by Tracy Timm, Tracy Timm is the founder of The Nth Degree® Career Academy and the author of "Unstoppable: Discover Your True Value, Define Your Genius Zone, and Drive Your Dream Career". A six-figure salary. If you’re honest with yourself, I bet you have this as a career goal in the back of your mind. There’s just something about reaching a $100k+ salary that sounds like you’ve “made it,” right? At some point, the phrase “six-figures” became synonymous with professional success. You might call it The … [Read more...] about Is a Six-Figure Salary Really a Gamechanger?
Archives for November 2020
Budgeting Tips for a New Pet
Anytime you want to change your lifestyle — swap furniture, acquire real estate, shift careers, add family members — you need to consult your budget. Your budget is among the most important financial documents in your household; it helps you keep your income, savings and spending under control, so you can remain on firm financial ground. Getting a new pet might not seem like a significant change in lifestyle, but considering the expenses of buying the pet and caring for it, you should certainly take the time to adjust your budget. Here are … [Read more...] about Budgeting Tips for a New Pet
The Best Situations to Use Your Line of Credit
Financial institutions have more than one way for most people to seek financial help. Many of these assistance programs come through loans, where people are lent a particular sum of money and have to pay it back before or on a due date. One of these loans that people can have is the line of credit, where there is an established amount of money that is arranged by the client's financial institution. The client can borrow anytime, as desired, as long as it does not exceed the lender's fixed amount. Once the amount is repaid, you may borrow … [Read more...] about The Best Situations to Use Your Line of Credit
What Is Compound Interest and Why You Need It?
When it comes to loans and deposits, there are only two types of interests applied; simple and compound. The type of interest applied depends on the interest rate offered by the lender in most cases. Calculating interest is one of the most confusing tasks, but only in the case of compound interest. Simple interest is quite straightforward and easy to calculate. Compound interest is where individuals tend to get confused, which is why an online compound interest calculator comes in handy. But before you go ahead and start calculating, it is … [Read more...] about What Is Compound Interest and Why You Need It?
How to Plan for Future Healthcare Costs
It can be challenging to plan for the conditions that may affect you later in life. However, learning your risk factors, trying to prevent problems before they begin, and choosing the right health insurance plan or savings for your health condition can set you up for success. How do you know what might affect you? Look at your lifestyle and family history and watch for early warning signs. Here are some factors to consider. High Blood Pressure Many people don't start worrying about high blood pressure and the danger of heart attacks … [Read more...] about How to Plan for Future Healthcare Costs
Becoming a Successful Landlord in 6 Easy Steps
The idea of being a landlord can be an appealing one to a lot of people. Not only does a role like this come with less work than a traditional job, but it also offers flexibility and a chance to dictate how you work. Of course, though, you still need to work extremely hard to find success with something like this. Property investment is complicated and often filled with pitfalls, but this post will be exploring 6 simple steps that can be taken to make the whole thing much easier for you. Let’s dive right in. Step 1: Planning & … [Read more...] about Becoming a Successful Landlord in 6 Easy Steps