Retirement is a milestone that many people look forward to with great anticipation. While the freedom of having more time to spend with loved ones, pursue hobbies, or travel is certainly something to be celebrated, it is also important to plan, save, and invest so this future can be a reality. It’s never too late […]
The post The Ultimate Guide to Investing for Retirement at Age 60 appeared first on SoFi.
Learn how to make major financial goals easier to manage and smoothly handle all kinds of expenses, even unexpected ones.
Northwestern Mutual and Pinterest Collaborate to Inspire People to Use Financial Planning From Pinning to Planning brings vision boards, inspiration and financial planning together MILWAUKEE, March 13, 2023 /PRNewswire/ — Today, Northwestern Mutual announced a unique collaboration with Pinterest to launch From Pinning to Planning. The immersive experience featured on Pinterest, the visual inspiration platform, … [Read more…]
You’ve heard about people making extra money with simple things like playing games and answering surveys. Here’s how they do it.
When my husband proposed to me on July 10th, 2005, I was ecstatic. In fact, I’m pretty sure I screeched “Yeeeeeeeeessssssssssssssssssssssssss” before he could even pull the ring out of his pocket.
Our plan was to move into the little apartment above his work — it was part of his compensation package — then get married the following summer. Unfortunately (fortunately?), a few of the older ladies in the company didn’t like the idea of an unmarried couple living together, and they ended up changing the terms so we couldn’t both live there until we were married.
I was crushed … until, of course, my mom suggested something novel. “Get married this winter,” she said. “Why not?”
The average person spends around $900 on gifts for the holiday season, according to American Research Group. That amount doesn’t even account for other holiday spending, such as travel costs, food, get togethers, decorations, and more. Some people even go into credit card debt to spend for the holidays, but is that really worth it? […]
The post Are You Going To Spend Over $1,000 This Holiday Season? appeared first on Making Sense Of Cents.
If there’s one thing that you don’t want to do twice, that would be retiring. Imagine having to go back to work after you’ve called it quits. Yuck!! I’ve heard horror stories of this happening and the most common culprit is lack of planning. Planning your retirement is something you do not want to take […]
The post 10 Essential Factors of a Retirement Planning Checklist appeared first on Good Financial Cents®.
According to the Federal Reserve, the average amount of student loan debt carried by a student graduating in 2012Â reached a staggering $24,301. And that isn’t the only scary student loan statistic. Overall, student loan debt in the U.S. has reached a cumulative $902 billion dollars, and loan delinquencies are at an all-time high. This is depressing news for everyone, including those of us who want our children to be able to go to college.
Saving for an unpredictable future
Since my kids are so young, I shudder at the thought of what a college education could cost when they graduate from high school. College tuition has outpaced inflation at an astronomical rate. And worse yet, the job outlook for college graduates isn’t all that great. In addition to all of that uncertainty, I’ve found it difficult to do much planning since there are a gazillion possible outcomes. Will my kids go to community college? An in-state university? Will they pursue an advanced degree? At this point, I cannot possibly answer these questions. Still, I haven’t lost hope that I can help them avoid taking on a soul-crushing amount of student loan debt. I certainly can’t predict the future, but I can at least try to prepare for it. And while I don’t necessarily plan on paying for all of the costs of my kids’ college education, I do want to help them as much as I can.
With Fatherâs Day rapidly approaching (Sunday, June 15th), why not honor your dad by adhering to his old school financial rules? They were applicable then, and now: Start saving early                                        My father emphasized this one over and over again, and then one more time (!) before I landed my first job as an editorial
The post Father Knows Best – Financial Tips from Dad appeared first on MintLife Blog.
People in their 50s who are still working can start to see an eventual end to daily work down the road. In another 15 years or so, these 50-plus workers will look forward to exploring retirement and enjoying the benefits of more leisure time. Having spent a life dedicated to employment and contributing to society, […]
The post How Much Social Security Will I Get? Is Social Security a Broken Promise? appeared first on Good Financial Cents®.