Search for: gen x

We are all at least familiar with the concept of borrowing money. On a large scale, most of us have had to do it when buying a home or a car. It is likely we’ve all borrowed money from a friend on a smaller scale, as well. With that said, municipalities and companies do the… Read more

As we grow our careers, some of us conclude that what we’re making at the end of the day isn’t enough. For those with a busy schedule, it may not be possible to search out job opportunities to increase income actively. One method of getting extra profits at the end of the month is to… Read more

Do you want to retire in your 40s? Heck, I know I do. (Truthfully, I’d retire and disappear today if I had the means. Sigh.) Anyway… The American Dream has always consisted of grandiose visions of retired life. After working for decades breaking their backs, men and women envision a life of leisure at a… Read more

Retirement is such an important chapter of life, but there are so many financial pitfalls that retirees can make. The phase of happiness that is expected to be relaxing can transform into an era of stress, uncertainty, and anguish. And you certainly don’t want to run out of money during retirement, do you? 8 of… Read more

Remember those couple of years when bashing millennials seemed to be all the rage on the internet? It turns out this generation of Americans might be the only age group with their heads screwed on tight, especially when it comes to money lessons and debt. Boomers are still taking on huge debt – even at… Read more

You’ve heard it before – the only sure things in life are death and taxes. But a new study found a fear that even Ben Franklin probably never considered. It’s not the grim reaper or the taxman that’s giving them sleepless nights, but something surprisingly mundane yet super important to our day-to-day existence in society… Read more

If you’re a millennial, there’s a good chance you’re putting some serious thought into your retirement savings. Retirement sneaks up fast and, well, us millennials aren’t getting any younger. So how much money do millennials have saved for retirement on average? Thinking about retirement savings is like a mountaintop – the destination is the same,… Read more

When you dream about financial comfort what do you see for yourself? Millions? Tens of millions? Billions!?! Well, according to a recent Modern Wealth Survey from Schwab, Americans need a lot less to be financially comfortable than we could have imagined. And the number is a lot lower than what the survey revealed in 2020…. Read more

Jack Brennan is the former CEO of Vanguard – where he oversaw the second-largest investment firm in the world, the largest provider of mutual funds, and a financial powerhouse that has since grown to over $7 trillion in assets. Brennan offers three tried-and-true pieces of advice on how you can really create wealth. In 2021,… Read more

The oldest millennials — lovingly referred to as “geriatric millennials” — are turning 42 this year. Unlike the generations before them (gen X, baby boomers and the silent generation), millennials have gone way off the rails financially. And for older millennials, it is time to take a long, hard look in the mirror and at… Read more

Cryptocurrency is often lauded as “the future of money,” with quite a few caveats. As crypto becomes more and more popular, it makes one wonder exactly how many people in the United States own cryptocurrency? It’s a digital store of value, sure. But can you buy a cup of coffee at a gas station with… Read more

Does the cost of a food item make it taste any better? Or is it simply the fact that you are spending more money and normally when you spend a lot of money, people tend to automatically think it’s better. Regardless of whether it tastes good or not, expensive food exists all over the globe…. Read more

While sitting on your couch, you released a heavy sigh. You did it again! But why?  Many money-making ideas keep buzzing in your head but you continue to shrug them off. Why? Because you think there’s no way you can earn from them since they seem weird and unusual. But no! What we’re saying is… Read more

The average person spends 6 hours and 30 minutes online per day. Overall, it is equivalent to approximately 100 days of going online per year (27 percent of their time). If we’re online that much, then why not use of this time to earn extra money? Great question! And the answer is right here with… Read more

Have you ever thought about your dream job? Your dream job probably involves a couple of factors: Overall compensation, the ability for advancement, and personal satisfaction with the day-to-day duties. That said, there are some things you can’t put a price on – like leaving work at work and having time to enjoy your life… Read more

Most social media platforms do not require any upfront fees, so you can start building your passive income with no money right now.

It’s safe to say no one likes working on Fridays. Sure, you may tie loose ends on a project or prepare for Monday. But it’s mostly the day people phone it in at the office, either pretending to work or socializing with coworkers at lunch or happy hour. So, why not give everyone Friday off?… Read more

NBA legends Michael Jordan and Charles Barkley might not be on the best terms now, but they were good friends for decades. During their playing days, they faced each other in some fierce battles on the court, but off the court, they shared a bond that was built on mutual respect and admiration. During a… Read more

You’ve heard the horror stories about professional athletes going bankrupt. And it isn’t just benchwarmers or low-earners who have fallen victim to poor money management. Big name stars like Mike Tyson, Allen Iverson, Antoine Walker and others have all been hit hard by bad financial decisions. Some have dug their way out and learned from… Read more

Lifestyle inflation, a phenomenon where spending rises in tandem with increasing income, is a financial behavior that many people encounter as their earnings grow. While a moderate degree of lifestyle creep can be seen as a natural and even motivating aspect of personal progress, excessive spending in this trend can pose challenges in achieving long-term… Read more

A lot of people know the importance of saving for retirement. However, the main question they have in mind is how much the “magic number” is and how long will my money last? Everyone who wants to eventually retire needs to know what size their financial nest-egg needs to be to enable them to retire… Read more

There’s no denying it: A dollar just doesn’t stretch as far as it used to. A recent study found that 60% of millennials making over $100,000 are living paycheck-to-paycheck as members of the American middle class. In many American cities, you need a side hustle just to pay rent and live comfortably, let alone save… Read more

Want to see how you stack up against Warren Buffett’s wealth and how far along he was in building his billion-dollar net worth over the years? Warren Buffett started building his wealth at a young age, but about 99.7 percent of his wealth was earned after his 52nd birthday. Here’s a breakdown of Buffett’s wealth-building… Read more

It doesn’t take millions of dollars to start generating passive income. In fact, sometimes it doesn’t take any money at all if you turn a side hustle (like a blog or ebook) into a passive business. While the latter takes a lot of time and effort, the former is easier to start than you might… Read more