A bear market and high inflation rates have many people wondering if the country is heading toward another recession. Economic activity declines for several months when a recession hits, and sales, income, employment and production tend to drop. Even if the idea of a recession has you feeling on edge, now isn’t necessarily the time to put your […]
Many 20-somethings are graduating from college, entering the workforce for the first time and learning how to navigate the financial responsibilities of adult life. When it comes to building toward and meeting your financial goals, your 30s is a great time to get started. If you will soon be entering your 30s, now is the time to […]
Securing a new job is an exciting time. It represents an opportunity to learn new skills, advance your career and find greater job satisfaction. A new job also has significant implications for your finances — ranging from your daily earnings to your retirement savings. To make this transition as smooth as possible, you must prepare for your new role on […]
For many Americans, your 40s are your peak earning years. At this point, you are halfway between the point in your life when you entered the workforce and when you’ll reach the traditional retirement age. This is why this decade is an essential time to stay on track or get on track with saving for […]
Millennials have less of a safety net than the generations before them. In fact, retirement will be different for millennials than it is for the baby boomer generation. Student loan debts — coupled with the fact that they lived through a recession and face higher-than-average unemployment and job insecurity rates — mean that retirement is […]
The Great Recession of 2008 is not usually a topic that I enjoy talking about. There is so much talk about why it occurred and how we aren't doing enough today to make sure it doesn't happen again in the near future. There are also so many differing opinions as to if we are back […]