Should You Invest in a Bear Market?
Should you invest when the market experiences a downward trend or wait for things to turn around? For some new investors, market downturns seem too risky because there is no way of knowing how far down the DOW will trek. Still, down markets also present significant opportunities for investors to grab blue chip stocks at […]
Making Sense of the Current Student Loan Forgiveness Initiative From the Biden Administration
In an unprecedented move, the Biden Administration announced a student loan forgiveness initiative in the waning days of August 2022. Using his full authority, President Biden signed an executive action to provide between $10,000 and $20,000 of relief.While the move is one many predicted as of late, it is still creating many questions. Borrowers want […]
Are You On the Hook for a Deceased Loved One’s Debt?
When a loved one passes away, the last thing you probably want to think about is how you and your surviving family members will pay down any remaining debt. Yet, debt after death is common, with nearly three-quarters of Americans owing an average amount of $62,000 at the time of their deaths. Therefore, it’s important […]
Price Gouging Versus Inflation: Understanding the Differences
The world gets more expensive every day. Still, somehow, corporations experience record profits while consumers struggle to buy groceries or fill up their gas tanks. How is this possible?It is easy enough for consumers to understand inflation. But if the cost of goods goes up, so does the manufacturing price, right? How can a company […]
Does the Middle Class Actually Exist Anymore?
You hear so much about the declining middle class that it’s hard to separate fact from fiction. The middle class is the backbone of this country, and its decrease is quite alarming for many hardworking people.When faced with economic turmoil, the best thing you can do is arm yourself with the right information. This guide […]
Tax Implications of Multiple Home Ownership
Real estate is a safe investment in most situations. While most people purchase multiple properties for the sake of renting them out and earning extra income, others prefer to own two properties for personal use.If you choose to purchase a second home, there are many things to consider, but the most important is taxes. Before […]
The Future of Gig Work and the Gig Economy
The gig economy refers to a labor market sector dedicated to freelance workers and short-term contracts. Gig work has come under scrutiny over the last several years, especially regarding workers’ rights and fair pay. Despite the controversy of some gig “occupations,” the sector continues to thrive and challenge workplace norms.Estimations suggest the gig economy is […]
Franchising 101: The Bare Essentials
Many people have a dream of being their own boss or owning their own business. Entrepreneurship is a potentially lucrative ambition, and with the number of brands offering franchising opportunities, it is achievable.Franchises offer people a chance to enter an existing marketplace with a known product or service, removing many barriers to starting a business. […]
Clever Tips for Beating Cost of Travel Increases
You may be tempted to write off your family vacation as a “want” instead of a “need,” but the health benefits of R&R suggest otherwise. Taking time off work can protect your heart, reduce anxiety, and help you shake off brain fog. Of course, you still need to look for ways to avoid debt. These […]
Gifting Large Sums of Money: What You Need To Know
A gift is a gift, right? Not necessarily. True to form, the IRS must have its hand in every pot, including that which contains your monetary gifts. While the agency won’t come after you for gifting $20 here and $50 there, it will raise a brow when your gifts begin to soar into the thousands. […]