Hard work equals hard-earned money – that’s a universally accepted truth. But how does the sweat and time we put into earning our keep influence our financial decision-making? Are those who break their backs to earn their pennies more prone to playing it safe or rolling the dice with their earnings? A fascinating new study… Read more
Most high school graduates get cards stuffed with heartfelt messages and tokens of well-wishes for their future journey. But for one lucky teen in Washington State, his journey to adulthood was met with an unexpected twist. For him, his graduation card concealed an astonishing $50,000 secret. Imagine crossing the stage, clutching your hard-earned diploma, only… Read more
Do you review your retirement savings or your net worth on a regular basis? You should. And what you should also do is measure it against others. Because it is good to not only monitor your financial progress, but to know where your goals should be. When you finally retire, you’ll thank yourself for caring… Read more
“Counting other people’s money” is typically considered taboo, but it does have some utility: Knowing the household income of specific demographics can guide your ability to negotiate a raise, and even help you choose the best place to live. We rarely turn down a chance to look at state-by-state financial statistics. Sometimes they’re actionable, in… Read more
One of the most ‘adulting’ milestones in life for young adults is getting a credit card. Though it may be overwhelming for some, it is an important way to show responsibility toward money management. And this is an important step in building your credit scores. But what is a credit score in the first place… Read more
Novelist and playwright James Baldwin once said, “People can cry much easier than they can change.” While research has shown that crying can be beneficial and therapeutic, allowing the tears to flow is just a momentary release and serves no purpose in the long term. Crying over money seems especially silly, considering the thousands of… Read more
Picture this: You stroll into a bustling coffee shop, lured by the inviting aroma of freshly brewed java. The baristas are busy crafting meticulously crafted beverages, while customers eagerly await their caffeine fix. It’s a familiar scene, one that has become a daily ritual for countless individuals seeking their liquid fuel. But have you ever… Read more
Learning how to negotiate a raise is a skill that’s not really taught in school, but almost certainly should be. Few things are more nerve-wracking than setting up time with your boss to ask for a raise. That said, if you’re truly crushing it and feel like your contribution to the organization warrants one, don’t… Read more
Do you feel exhausted after work, but when you stop to think about your completed tasks, you realize you didn’t do much actual work at all? First off, it’s not your fault. Life is filled with distractions that can grab our attention at any moment. Sometimes, distractions are completely out of our control, but how… Read more
Retirement is a significant milestone that usually requires years of financial planning to achieve. Unless, of course, you win the lottery. In which case, hooray for you. That said, many Americans have saved far less for retirement than experts recommend, with the majority having only $65,000 saved, according to data from the Federal Reserve. Recently,… Read more
You only have so many hours in the day to accomplish everything you set out to achieve. Prioritizing your tasks and employing the Most Important Task (MIT) method can pay huge dividends, make you far more productive, and help your career. What Is The Most Important Task (MIT) Method? Not all tasks are created equal…. Read more
Regarding retirement planning, there’s a broad range of preparedness. Perhaps you’ve figured out exactly how much money you need to retire, authored a brilliant saving plan, and even researched the best states. Or maybe you’re on the other end of the spectrum: way behind on building wealth and in danger of running out of money… Read more
Imagine this: It’s your 60th birthday, and you’re blowing out the candles on your retirement cake. Your working days are over, and you’re ready to embrace the freedom of your golden years. Now picture living those jubilant moments, not for the standard 15 to 20 years, but for a whopping 40 years! If you’re among… Read more
It’s no secret that the cost of living is skyrocketing around the country. In a recent and startling revelation, the government has updated the threshold for being considered low-income in Los Angeles County to those earning less than $70,000 per year. The data comes from the California Department of Housing and Community Development, which just… Read more
When life tosses a golden coin into your lap, it’s not always the Ferraris or the mega-mansions that spark the flame of desire. Sometimes, it’s the everyday luxuries that ignite the most excitement. Imagine this: you’re sitting in your living room, scratching a lottery ticket, when bam! You’re suddenly $3.8 million richer. Would you head… Read more
According to Airbnb CEO Brian Chesky, the rise of artificial intelligence (AI) shouldn’t be feared as a job destroyer, but rather as a creator of new opportunities, particularly in the realm of entrepreneurship. While concerns have been voiced by tech icons like Steve Wozniak and Mark Cuban regarding AI replacing human workers across various industries,… Read more
There are a lot of ways to become successful in life. And your definition of personal success might be measured differently than someone else’s. But becoming successful – in life, in business, as a parent — is oftentimes the result of a more formulaic than it is dumb luck. Today, we have Kevin O’Leary’s top… Read more
We’ve all heard the saying “one man’s trash is another man’s treasure” but have you ever stopped to think about how true it really is? That old stash of junk in your closet, basement, or attic could be worth big bucks. Just think about it, that old dusty vase you’ve had sitting in the attic… Read more
Ask people which car color is best for resale value, and most will say white. After all, it’s one of the top picks among new car buyers, so demand is high. Seems pretty safe. But demand doesn’t exist in a vacuum. It must always dance with supply. And that high purchase rate leaves the secondary… Read more
Looking to make some extra money? Did you know that there are literally hundreds of gig economy jobs that can help you make an extra $50 to $5,000 a month? We’ve covered a lot of them, even the weird ways people make money, but chances are there is at least one gig out there that… Read more
They say that doing the same thing over and over again and expecting different results is the definition of insanity. Yet, every once in a while, playing the long game with the same strategy pays off. That’s exactly what happened for one Maryland man who played the same numbers in the Bonus Match 5 drawing… Read more
They say lightning doesn’t strike the same spot twice. But that certainly isn’t the case for a lucky California woman who recently won a $2 million lottery jackpot on a scratch-off ticket. Ruby Evans bought a $20 Instant Prize Crossword Scratchers ticket from a donut shop in the Los Angeles County city of Compton. She… Read more
Navigating the landscape of wealth in America is no easy feat. Determining what constitutes being “wealthy” can be as nebulous as trying to catch a cloud. Contemplating wealth leads to many questions: What truly defines wealth? Is it merely about the accumulation of money, or are there more profound, intangible aspects at play? Year after… Read more
Money management and general personal finance isn’t taught in school. While financially smart actions like spending less than you earn and investing your money might seem obvious, so many people in the world lack financial literacy. And that leads to financial struggles. Those struggles can also lead to people making even bigger money mistakes. Today, we… Read more