You may be doing everything right with your finances: contributing to a 401(k), and building savings for a house, a new car, college tuition, or retirement. But have you pulled all those pieces together into a true financial plan? A financial plan provides a roadmap to help you understand your financial picture, achieve your financial Read more
Emergency Fund
Brace for Impact: How to Prepare for a Recession
Recession fears eased a bit in 2024, with a low unemployment rate, rising wages, and inflation drifting down towards the Federal Reserve’s 2% target, the U.S. central bank cutting interest rates, and many economists thinking the Fed had nailed a “soft landing” from the high inflation of 2021 and 2022. But now the jitters are Read more
Financial Lessons Learned from the Pandemic
The coronavirus pandemic has been a challenge, affecting how we work, play, and interact. While individual situations surely differ, general financial lessons, which can help you better position and support yourself in the future, have emerged from the pandemic. Build Up an Emergency Fund Record numbers of people were laid off or furloughed at the Read more