Want to save $50,000? Raise your credit score

Getting a good deal on a loan or credit card largely depends on the credit score of the borrower. Certainly, this is no secret. What is surprising is the amount of money one can save by successfully boosting one’s credit score for the benefit of domain lenders. Make no mistake, the sooner you do it, … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

Investing in This ETF Now Can Make You a Retired Millionaire

(Chuck Salita) With the market significantly down from all-time highs, the benefits of a dollar-cost averaging in a low-cost, broad-based stock index fund are becoming abundantly clear. By making regular investments every payday in this market, every dollar you invest buys a lot of stocks while stocks are down. This may not seem like much … Read more

When you know it’s time and how to switch

Some relationships don’t work out. This unfortunate fact applies to spouses, friends, business partners, and financial advisors. Chances are, you’ve started a new counselor relationship with high hopes for wealth and financial independence. But if your fortune progress slows down or contact with your mentor is cut off, there may be a breakup in your … Read more

Buy Now Pay Later: New Rules Consumers Should Know

Buy now, pay later, consumer models have taken the US payments sector by storm. BNPL resonates with online shoppers in the US, who make modest down payments up front and pay remaining balances on scheduled due dates — often smaller payments made over four months. Currently, BNPL standalone mobile apps such as Klarna, Afterpay and … Read more

Should I buy shares now or wait? Experts weigh

While stock market investors were seeing red for much of 2022, Tuesday was a pretty bad day. The Consumer Price Index A report published early Tuesday morning showed that inflation is still on the rise despite the Fed’s persistence raise interest rates. according to daily business investorThat sent the stock market down to its worst … Read more

3 Unstoppable Investments Everyone Needs in Their Portfolio | Smart Change: Personal Finance

(Chuck Salita) With the stock market plummeting throughout most of 2022, investors are rediscovering the risks involved in investing. The unfortunate truth is that your money is there Always At risk of experiencing some kind of loss, whether invested or not. As a result, it is very important that you put parts of your money … Read more

Why the $4,194 Maximum Social Security Benefit is Fancy | Smart Change: Personal Finance

(James Bromley) It may not be a huge amount of money, but it is definitely enough to live comfortably. Cashing out $4,194 Social Security checks a month translates to an income of more than $50,000 a year, which is roughly what the average American worker earns these days. Odds of You’ll Actually Earn Your Maximum … Read more

What is the average American net worth by age? | Savings and Budget

Knowing how much money you have at your disposal in your checking and savings accounts is important for budgeting and everyday expenses. But these numbers don’t take into account other critical aspects that contribute to your overall financial position, including liquidable assets and liabilities, such as outstanding debts. This is why knowing your net worth … Read more

Citi is the latest employer to offer a free college to its workers

in a day job marketTuition assistance has become one of the most popular incentives companies use to attract and retain workers. Now, some employers are going a step further with free college programs to offer greater financial support. The latest developments, City It announced that it offers fully-funded degrees from partner schools, including the University … Read more