Budgeting is an essential part of personal finance, but studies show that more than half of people don’t do it. This is because many individuals find budgeting boring or restrictive, and they feel like it’s a reminder that they shouldn’t spend money…
When you think of life insurance, the first thing that might come to mind is protecting your loved ones in case you pass away unexpectedly. And while that’s certainly an important reason to have life insurance, there’s another group of people who…
Teaching children valuable financial lessons is important to help them establish good habits and make informed decisions later in life. Emphasizing earning money and saving is a key aspect of personal finance education. Most kids have to wait until their teenage years…
Data breaches are incredibly common. In 2020, there were 1,108 data breaches in the U.S alone, with Equifax in 2017 and several popular sporting goods sites in late 2021 being some of the notable breaches. The U.S. Bank also had an incident…
The stock market faced numerous hurdles in the year 2022 due to the impact of high inflation and rising interest rates. This resulted in the S&P 500 and the Nasdaq Composite falling into bear market territory, which led to widespread concern among…
The Russian government declared on Friday that it would reduce its oil production by half a million barrels per day starting next month in response to the western nations’ imposition of a price cap on its crude oil due to its involvement…
Utility stocks have a reputation for being quiet performers, typically delivering steady earnings and dividend growth, resulting in decent but often unspectacular returns. This trend continued in the first half of the year, with utility stocks measured by the Utilities Sector SPDR…
The cost of buying a home in the United States is at an all-time high, with the median home price in Q3 2022 coming in at $454,900. The prospect of homeownership can be daunting, especially for first-time buyers who may not have…
In recent years, a remarkable trend has emerged: a significant number of teenagers are diving into the world of entrepreneurship, bringing fresh perspectives and innovative ideas to the market. This growing interest among young people is shaping the business landscape in unique…
Maxing out a credit card can have serious consequences for your finances and credit score. Here’s what you need to know about maxing out your credit card, the risks involved, and how to avoid it. What is Maxing Out a Credit Card?…