Is Financial Stress Negatively Impacting Your Personal Finances?

financial stress

An April 2020 survey released by the National Endowment for Financial Education found that 88% of Americans were reportedly stressed about finances as a result of the Covid-19 pandemic. Of those respondents, 54% said they were stressed about not saving enough money (for emergency savings and/or retirement), 29% were concerned about fluctuating income, and 48% were stressed about paying regular bills like mortgage/rent, utilities and healthcare. Considering the fact that Covid-19 has impacted almost everyone on Earth in some capacity, it’s understandable if you’re also feeling stressed about money matters lately. Even with the vaccination rollouts, it’ll be months – if not years – before we return to any semblance of “normal” life. Since uncertainty about the future can create … Read more

7 Credit Lessons You Can Learn from ‘The Mandalorian’

credit cards

The following is a guest post by Jessica Larson, SolopreneurJournal.com Gaining a reputation and establishing credit are really two sides of the same proverbial coin, and it’s hard to find anyone with a more solid reputation than Din Djarin, the title character in the hit Star Wars series “The Mandalorian.” So it only makes sense that, when it comes to building and maintaining credit, there’s plenty to learn from old Mando and his cohorts. After all, principles like honor and dependability are the same whether you’re living life on modern planet Earth or fighting the good fight long ago in a galaxy far far away. With that in mind, here’s some wisdom you can gain from the Disney+ series and … Read more

Ingenious Ways to Reduce Your Healthcare Costs

Top 5 Ways to Save Money on Health Insurance

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 spending without compromising good health, we have rounded up the most ingenious ways of cutting your total healthcare spending in 2021. Here’s how you can protect your health and spend less this year. Get … Read more

Is a Six-Figure Salary Really a Gamechanger?

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“. If you’d like to contribute a guest post like this one about earning a six-figure salary to Money Q&A, be sure to check out our Guest Posting Guidelines. 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 Holy Grail of … Read more

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 best that you first understand what it is, why businesses use it, and how it is calculated. So let us go ahead and answer all these questions in detail. … Read more

The Secret to Successful Startup Teams You Need to Know

This article about startup teams was originally published on StartupNation How do you build the best startup teams? Entrepreneurship is a wild ride, with huge challenges, exhilarating ups and formidable downs. It’s more essential than ever that you bond and mesh with your co-founders and first hires. Today’s dramatic shift to remote work demands that you take charge of your identity and path. How do you bring your best self to this all-out effort?  We think a great place to start is our new book, The Entrepreneur’s Faces: How Makers, Visionaries and Outsiders Succeed. Begin by finding your own entrepreneurial type, and you’ll be well on your way to forging stronger startup teams and more productive collaborations. Success comes from … Read more