In our increasingly digital world, it’s not only your physical property that holds value, it’s also the assets you’ve built up online. That includes money you hold in online-only accounts like PayPal, as well as files like your Kindle e-books and iTunes music. Important stuff—and yet, it’s often overlooked in estate plans.
Your need for life insurance changes with the stages of your life, starting with no need when you're young, progressing to greater and greater need as you take on more and more responsibility, and finally beginning to diminish as you grow older.
As the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you're ever going to be able to afford long-term care. One solution that is gaining in popularity is long-term care insurance (LTCI).
Meet Joe – an ordinary guy, much like the rest of us, who has both short-term and long-term savings goals. Joe wants to get organized, make a plan and stay on track so that he can have money on hand for the things that matter most to him. This video outlines the simple steps Joe can take to set up a realistic spending and savings structure that works best with his lifestyle.
Without a budget, your financial picture is at best muddy. At worst, you might find yourself overspending, racking up credit card debt and feeling confused and anxious about your situation. But a good budget gives you the confidence and a blueprint to live the life you want.
Whether you’re pulling your hair out because you can’t seem to save enough money for your emergency fund or you’re having a hard time dealing with your significant other’s spending habits, various types of money anxiety can be triggered by what one expert labels as “thinking traps.”
There are plenty of tips and tricks out there to help you improve your savings habits, from creating a budget to setting up automatic transfers from your checking account after every paycheck.
But researchers from the Stanford Graduate School of Business have a new one for you: Embrace the power trip.
Whether you’re looking to earn extra income or explore the possibility of starting your own business, a side hustle is a great place to start. Listen to this podcast for your guide to finding your side hustle and making it work.
Start an emergency fund by setting up an automatic transfer every payday from your checking account to a savings account. The amount can be small--$50 or $100, and you can periodically bump it up by $10 or $25 until your savings goal is met.