Personal Finance

Many times we think that the rising cost of living is a part of life but the truth is there are most likely things you are doing to artificially increase your cost of living. With a few small changes, you can lower your cost of living and start saving more money. Below are "tricks" on how to stop the rising cost of living:

By following the 5 most critical personal finance tips outlined below, you are going to see a major improvement in your finances and achieve wealth that you didn’t think was possible. Let’s get started!

Many taxpayers may need to take out money early from their Individual Retirement Account or retirement plan. Doing so, however, can trigger an additional tax on early withdrawals. They would owe this tax on top of other income tax they may have to pay. Here are a few key points to know:

Today’s infographic highlights some of the potential market risks that could move markets, as well as how specific billionaires are hedging to protect their fortunes.

Let’s take a look at some of the common misconceptions about working with a financial advisor that are being proven to be no longer true.

Congratulations! Paying off your mortgage is a huge accomplishment, one that many people only dream about. Go ahead and celebrate but once the celebrations die down, there's a little more work to do in order to properly navigate your new post-mortgage life. The following four steps should help.

Most people get some kind of raise each year. They earn a little more than they did in the year before. Without a plan to save that raise, it’s very easy to use it up by adding a few luxuries or consumption to your regular spending.

We know all about the tried-and-true ways to reduce our work stress. We journal. We go outside. We take more frequent breaks. These methods are all backed by multiple studies to take away the bundle of nerves keeping us anxious. If these methods are not working for you, however, it’s time to get creative. Here are 4 suggestions:

A study released by GoBankingRates reveals that older people planning their retirement have cause for concern. 42% of Americans are facing their golden years with less than $10,000 in savings.

When it comes to getting into financial trouble and going bankrupt, many people think the reason is poor finances. While this does play a role, there are other reasons why people go bankrupt. In fact, in some cases, the cause of bankruptcy is out of the control of the person involved. Someone who is doing the right things financially and saving money can still find themselves staring in the face of filing for bankruptcy so what are the major reasons why people go bankrupt and what can you do to protect yourself? In this post, I’ll answer these questions. Let’s get started!