With 2020 highlighting the importance of prioritizing health and strengthening financial awareness, there is no better time to be proactive to reduce healthcare costs. Whether your 2021 resolutions are to shrink your budget or live a healthier life, being conscious of your general health has never been so important. While the high costs of healthcare should be enough to promote the importance of good health, there are many instances in which we cannot anticipate our healthcare needs. However, because the goal should be to reduce your … [Read more...] about Ingenious Ways to Reduce Your Healthcare Costs
If you’re looking for ways to generate extra income, which can keep making money while you spend your time doing the things you love, here are five easy-to-start passive income ideas to get you thinking. 1. Rent some space While you’re probably thinking that here we mean hosting people on sites like Airbnb, this doesn’t have to mean that you’ll constantly be looking after guests. Why not rent out your home while you’re travelling, and leave the logistics to a property management company. They’ll organize cleaning, … [Read more...] about Passive Income Ideas: How to Make Money While Doing the Things You Love
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 services, either. Using these services is a smart move that can help you determine … [Read more...] about When You Might Need Professional Financial Planning Services?
In an ideal world, we would all be on the same page as our life partner when it comes to money management practices and even just basic openness and honesty about finances. However, the reality is that people rarely dedicate enough time to discussing the financial side of being in a committed relationship until after they get married. Whether you know very little about your fiancé’s finances or you’re both completely open with each other about your individual and shared financial situations, here are 6 considerations to your married … [Read more...] about 6 Financial Considerations to Make Right After Getting Married
A recent study found that 42% of Millennials have used alternative financial services and 39% of the general population has used these services, which include payday loans, pawnshops, rent-to-own programs, and car title loans. Short-term loans are often risky for borrowers, but there could be some advantages to taking out this type of loan if you’re in a pinch. Pros and Cons of Alternative Financial Services To help you decide whether alternative financial services might suit your financial situation, here are some considerations to make … [Read more...] about The Pros and Cons of Alternative Financial Services
Nobody knows how many Americans are actually participating in the gig economy; estimates range widely from 4% to 40% of the workforce. What we do know is that some people have managed to successfully transform their former side gigs into full-time work, while others continue working full-time jobs to support themselves and use side hustles as extra income streams to pay the bills and grow their savings. But, is your side hustle costing you money? The problem with side hustles is that they can complicate your income and tax situation much … [Read more...] about Is Your Side Hustle Actually Costing You Money?