Tag: accounting
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Student Loans; is the Nightmare Over?
Will anything happen with student loan debt forgiveness? There seems to be a lot of support for this, but nothing ever seems to happen. What’s going on?
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Build a better budget, today!
Building a budget could be argued as step 1 of any financial planning exercise. Without this, I’m not confident that any other measures will matter in the long-run. According to The Penny Hoarder,
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Unsurpassed inflationary surge. Prices out of control.
We are seeing an unsurpassed inflationary surge. Prices are out of control.The Fed is obviously concerned over the current inflation reports. Americans everywhere are seeing growing prices for gas, food, housing; basically all human necessities. As inflation rises, seemingly out of control, the Federal Reserve is using its only tool…raising interest rates in hopes to return the economy to its natural state. So taking out a loan just got more expensive as well, but will that help return us to a place of stability? Terrifyingly, The numbers may be much worse than we are lead to believe and this is a serious cause for concern for people who are struggling to survive before prices got out of control. The same Federal Reserve that promised that inflation was transitory, only to take back that same claim a year later, may be in over its head. Inflation numbers may be well above any point in US history.
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End of year accounting
If you’re anything like the majority of Americans today, you are very connected to the internet and are constantly being fed information, whether it be true, partially true, partially false, blatantly false, or satire, you’re being fed something. If you just read the headlines throughout the year, you’d have no idea how your portfolio fared or what the value of your home looks like. On any given day, you could read an article titled “How real estate can make you rich in 2022” with a subsequent article that states “How real estate will slow your investments in 2022.”
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Pay attention; don’t let fees eat your investment returns
The title of this article sums up exactly what we’ll be doing here. I truly hope everyone can gain a solid understanding of all the fees they pay on investments, because as the value of your assets increase, the fees become very, very noticeable. Paying 2% total fees on $50k is one thing, but try doing it on $2MM. In this article we’re going to explain the various types of fees, where you can expect to pay them, and how you can avoid them. We will also break down the numbers so you can understand the impact. I know, you came here looking for the numbers, so we’ll give them to you!
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End of year checkup; how I keep tabs on my finances
In my honest opinion, yearly checkups are a very good thing when it comes to personal finance. If you don’t compare yourself against yourself, how do you know how you’re doing?
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Social Security; what it is and how you should include it in your retirement planning
You can’t peruse Google without seeing references to the failing Social Security Trust Fund. So you’re probably wondering, what is Social Security anyhow? Well, it’s something you should definitely keep tabs on for the sake of estimating your retirement.