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Building wealth helps you maintain your long-term investments and allows you to live comfortably for the years to come. So, it is an essential part of building a secure and financially stable future. Although this task may be quite...

A market correction is the decline of stock prices by 10% or more. This happens because of factors such as economic growth and major events in society. Since a correction’s triggers vary, they may be difficult to predict and...

Business continuity is the capability of a business or organization to maintain its essential functions despite emergencies. Having efficient risk mitigation strategies will be beneficial to achieve business continuity. It helps ensure...

Having decent savings when you retire is not enough. Upon retiring, many factors can affect your funds over time, including inflation, taxes, Social Security, and spending habits. Retirement can last for years, so it’s important...

Running a business can be difficult. Besides the existing planning and operations, you also need to be wary of unforeseen circumstances that can threaten your business. These include natural disasters, emergencies, or cybersecurity...

Upon retiring, there are many risks you might encounter. These can include unexpected medical expenses to threats brought about by inflation. Not only will these jeopardize your retirement plans, but also your financial security....

How To Invest During Hyperinflation When inflation occurs, economic prices rise and the purchasing power of your currency decreases. Although a small amount of inflation can be healthy, it can become risky when it surges further. When...

If you’ve been stuck with the same working routine for years, then the thought of spending carefree days with yourself or with family as early as possible can be tempting. Although the age of retirement is 66 and 10 months, you...

When the pandemic hit, not only did it cause a global health crisis, but it also prompted a major economic fallout. People started losing their jobs while companies struggled to keep their businesses afloat. Because of this, many...

Estate planning is important if you want to keep your loved ones protected even after your passing. An estate plan allows you to transfer your assets to your intended beneficiaries, ensure care for living dependents, and provide...

Planning for retirement should start at a very young age. This gives you enough time to set aside enough funds for the future when you’re no longer working. However, due to some circumstances, some people only start saving when...

One of the most common causes of disagreement, stress, and strain in a relationship is money and finances. Significant expenses such as going on a vacation, buying a house or a car, and getting married are some of the tricky financial...

How many password-protected accounts do you have?If you keep mental inventory, use a password manager, or have a written record of your passwords (which is not recommended by anyone), take a quick count. You’re likely to find you may...

Valentine’s Day means different things to different people. Some welcome Valentine’s Day as a time for romance, while others see it as an opportunity to cherish friends and family. No matter how it’s celebrated, Valentine’s Day...

Whether you own a house or rent an apartment, building a smart home is easier than it has ever been. Homeowners and renters can purchase kits that integrate specific smart items or they can select smart home products, such as light...

In 1983, President Ronald Reagan signed legislation establishing the third Monday of January as Dr. Martin Luther King, Jr. Day.1 Dr. King, who is remembered for his powerful oratory and transformative ideas, once said, “Life’s most...

Bella. Coco. Charlie. Lucy. Max. No matter the name, many pets are considered to be members of the family, providing companionship, protection, and unconditional love. The pet-owner relationship has some powerful benefits, which may...

It’s only January, but you may want to jumpstart your 2018 taxes since there are a slew of new regulations that may affect you. The Tax Cut and Jobs Act (TCJA) of 2017 goes into effect this year so make sure you understand how tax...

Eat healthier. Get more exercise. Save more money. Those were the top New Year's resolutions for 2018, according to Statista.1 Few people achieved them. One of the reasons so few resolutions become reality is because people tend to...

Holidays can be joyful and a little stressful. Here are a few ways to bring a moment of happiness into your life and the lives of those around you:1 • Take time to call an old friend.• Buy coffee for a stranger.• Briefly chat with your...

Long-term investing in the stock market can be pretty tricky. Its volatility can be stressful, so people who buy stocks often call their financial advisor and ask whether it’s really a good investment. If you’re one of...

When the ups and downs of stock markets leave you stressed and wondering whether stocks really will help you pursue your long-term financial goals, there are two things to remember:1. Historically, over long periods, stocks have tended...

Thanksgiving is a true American holiday. It celebrates generosity and gratitude, and it recognizes the relationships that helped colonists who arrived on the Mayflower in 1620 survive beyond their first winter. History.com explained:1...

There are more than 20 million veterans living across the United States. These men and women fought in World War II, the Korean War, the Vietnam War, the Gulf War, the Iraq War, the War in Afghanistan, which continues today, and many...

It’s a pricey question.It’s a pricey question.College Board estimated the average cost for full-time, in-state students who live on campus at four-year public colleges or universities during the 2017-18 school year is $25,290...

If trick-or-treating in your neighborhood requires a trick to get a treat, your little ghosts and goblins will need some short and easy-to-remember options. Here are a few that were recommended by Reader’s Digest:1• What has hundreds...

Remember the television classic, Green Acres? Eddie Albert, who portrayed a New York City lawyer, and Eva Gabor, who portrayed his sophisticated spouse, move from the big city to the country – and it’s not quite what they expected...

Here’s a number that will knock your socks off: $400 trillion.1By 2050, the retirement savings shortfall in eight of the world’s largest economies is expected to reach $400 trillion, according to estimates from the World Economic Forum...

How long will you live? How long will you live? It’s not a question anyone can answer with any certainty, and that creates a significant risk when planning for retirement. Your retirement may last for a long time, and you will need to...

In recent years, investors have largely ignored geopolitical risks. Russia’s invasion of the Crimean Peninsula, the Brits’ vote to leave the European Union (EU), unrest in the Middle East, and other global events have not affected...

To the relief of many South Africans, Day Zero has been pushed back to 2019. Day Zero is the date on which Cape Town will run out of water, and its four million residents will begin to collect daily water rations of about seven gallons...

The words ‘bear market’ have been bandied about a lot lately. When you read or hear them, remember to respond the same way you would if you saw an actual bear in the woods – by staying calm and keeping your wits about you. A changing...

Understanding family attitudes towards money may improve financial decisions and reduce financial stress. Understanding family attitudes towards money may improve financial decisions and reduce financial stress. People inherit more...

“There’s no place like home.”1Conjuring an image of ‘home’ was a lot easier for Dorothy than it is for people who are on the cusp of retirement. After all, isn’t retirement supposed to be a new start? Aren’t retirees supposed to wave...

Here’s a number most people would like to see on an annual statement: 21.6 percent. That was the annual return for the Standard & Poor (S&P) 500 Index during 2017. In general, U.S. stock indices did quite well last year – and the year...

Here’s a riddle for you: Some people are reluctant to start me, unless I’m automatic. I’m frequently exhausted when I don’t roll over. I’m sometimes left behind. Retirees devour me. What am I? Answer: A retirement savings plan.New jobs...