As technological and medical advancements increase the average human lifespan, our society has had to re-evaluate its approach to the traditional work model and target retirement ages. In fact, a new survey conducted by Harris Poll for TD Ameritrade recently found that at least one-third of Americans aged 40 or older plan to continue working past the traditional retirement age of 65. There are also plenty people who retire for a while then return to the workforce a few years later. It’s worth noting that financial reasons aren’t always the … [Read more...] about What Is Unretirement and How Will It Affect Future Generations of Workers?
Being an entrepreneur is a goal that many people hope for, especially with success stories like Mark Zuckerberg in the news. It seems so simple to make all your dreams come true just by coming up with the right idea and becoming your own boss. However, what the news rarely shows you are the tough decisions and the struggles that success stories go through before they’re financially set. So, the question remains. Should you work for yourself? There are many things that you must consider before you make that leap. The economy has improved, … [Read more...] about Should You Work For Yourself? Things You Should Consider
There are so many different budgeting tools and systems that you can use to help you manage your finances. We often get pigeonholed into one favorite system or another. Or, we only consider one option as the “right” way to budget. But, what budgeting system works best for you? How do you balance your checkbook? Balancing Your Checkbook Through The 1-800 Number I had this amazing conversation with a coworker last week, and it struck a chord with me and inspired a little bit of a revelation. I used to always joke with my wife. When I met … [Read more...] about What Budgeting System Works For You And Your Family?
Home insurance is an essential expense, given the exorbitant cost of living in this present world. After having to invest heavily in a new house, it is important for homeowners to plan for any unexpected repairs that may be required to ensure the structural stability and usability of the house. It is also equally important to secure personal possessions at all times. There are several types and levels of home insurance spanning coverage for the structure, contents, utilities, natural disasters and so on. The value of the policy varies and is … [Read more...] about Home Insurance Explained to Help Protect Your Largest Asset
When booking flights, hotels and other vacation-related expenses, you may stumble upon an option to purchase “trip protection insurance” or something similar to cover the costs of your transportation and/or accommodations in case your trip is canceled or delayed for a “covered” reason. For airline tickets, this insurance typically ranges from $20-50 per ticket and covers instances related to illness, injury, natural disasters or other major reasons for canceling or delaying a trip. The problem with travel insurance is that you may already … [Read more...] about Do You Need Travel Insurance for Your Summer Vacation?
It's nice to have a little cash to wave around, especially if that wasn't always the case. Nevertheless, you really need to rein it in or you'll end up practicing lifestyle inflation. What's that? In a nutshell, it dwells on the logic that an increase in income should automatically lead to an increase in spending habits. This is a dangerous ideology that can ruin your financial health and keep you stuck in the rat race of working just to pay the bills. The thing is, it's only human nature to want to improve your social and economic standing. … [Read more...] about The Dangers of Lifestyle Inflation and How to Combat It