An estimated 75% of Americans aren’t developing a financial strategy and the same is likely true of adults around the world. Trying to account for and grow your wealth can seem intimidating, but you don’t have to do it alone. When it comes to meeting with a financial counselor, the first thing to realize is…
In the US alone, only about 24% of young adults are financially independent. The majority of Americans feel that young adults should be independent by 22, but very few hit it at this age. Even more disconcerting is that a majority of them are financially vicarious. According to a study, over 75% of young adults…
How has the pandemic influenced your financial confidence? A whopping one out of three Americans says the whole ordeal has been a huge blog to their self-assurance. They feel more dependent, unstable, and weak. The good news is that most citizens (71%) plan on taking financial action once the pandemic is over. These pre-planned actions…
Buying a home with bad credit may seem impossible. Banks offer favorable loans to buyers with high credit scores. They can also reject applications solely based on credit scores. You can build your credit score while applying for loans. A higher credit score gives you access to preferable interest rates and loan amounts. However, not…
Did you know that cash flow is the number one reason businesses fail? Starting a business is exciting, but it gets to a point where you understand management and growth are not a walk in the park. Managing your business funds is one of those hurdles because there’s just so much that needs money. How…
You might be tempted to put all of your eggs in one basket and invest in stocks only, but what about investing in real estate? You might be missing out by not investing in real estate since the average newly listed home has increased by 36%! If you had to choose between real estate vs…
Are you wondering what types of savings accounts you can benefit from? Savings accounts are useful components of a good financial plan. You can save for anything, a down payment for a house, a down payment for a car, new clothing, and more. As long as you have a place to put your savings, you…
More than half of all Americans have taken out a personal loan at one time or another. Often, individuals use this extra cash for debt consolidation purposes, but frequently, it’s to pay for medical expenses or embark on a business venture. Of course, getting a personal loan may be impossible if you have poor credit….
Are you wondering if you should consider using hard money loans for your current real estate project? There’s a lot of disadvantages and advantages that come with hard money loans. However, suppose you aren’t an experienced investor. In that case, you must educate yourself on hard money loans before deciding. You need to understand what…
Where did the time go? It’s nearly the new year, which means it’s yet again time to start thinking about resolutions, new beginnings, and self-improvement. There’s no doubt that this year, like so many other years before it, a significant amount of people will be making new year’s resolutions surrounding their financial lives. A recent…