Financial New for Everyone
By Sandra Hayes It’s a monthly ritual for us all. When the paycheck hits the bank account, we automatically look at how much of our income disappears because of our monthly bills. Even if you own a home and only have a single credit card, over 40% of your income could be going to someone else. That’s why …
By Sandra Hayes The bills sometimes roll in before the holidays arrive. Although it seems like a great idea to get those presents at the time, the debt that comes from your spending can weigh you down. People tend to spend more when they approach the holidays as a chance to take care of the people they love. …
By Sandra Hayes Warnings are out saying that the holiday shopping season for 2021 will involve product shortages, supply chain issues, and higher prices. That means now is the perfect time to consider a budget for your holiday spending. In the pandemic year, the average American family spent about $1,000 on presents. That rate could be 20% higher …
By Sandra Hayes Income and health have a unique relationship. When you have more money than the average person, you can also access one of the strongest, most consistent predictors of health and disease. People with higher incomes typically enjoy a longer life and better health than people who make less money. It’s a gradient that continues to …
By Sandra Hayes The best time to start thinking about Christmas is in the summer. It takes time to save enough cash to ensure that you get the presents without going into debt. Although some households can still manage a debt-free Christmas in October or later, it usually takes about six months to save the $1,000 that people …
By Sandra Hayes You’ve probably heard that money can’t buy happiness. Most people who say this phrase don’t have any cash to use to create joyful circumstances. Although you can spend money and feel lonely, wise investments can lead to a happier and healthier lifestyle. That process starts by building a firm health foundation. You can accomplish that …
By Sandra Hayes You don’t need to be rich to benefit from the advice of a financial advisor. There is someone out there for every situation and budget! Here is how you can find one that works to meet your needs. 1. Know the Types Financial advisors can cover several services, ranging from traditional in-person conversations to AI-fueled …
By Sandra Hayes How many credit cards should you have? Zero. You should never spend money on a credit card unless you have no other option available. Those purchases create a debt responsibility that can eventually cost hundreds or thousands more than the initial purchase. Even if you have an excellent credit card that delivers points, money back, …
By Sandra Hayes You’re not alone if you feel that debt is trying to overwhelm you. Even with the various stimulus checks released by the U.S. government due to the COVID-19 epidemic, the average American still has tens of thousands of dollars in credit card debt to manage. That’s on top of car payments, student loans, mortgages, and …
By Sandra Hayes You have two priceless commodities in your life right now: time and health. You can’t get whatever time you’ve lost back, but you can invest in your health. Although splurging on your health might not make you feel as good as a PS5, the long-term benefits are worth the investment. When you can stay active, …
