Personal Finances – 4 Tips for Better Control

Personal Finances – 4 Tips for Better Control

4 Tips to Get Better Control Over Your Personal Finances

If you already know terms such as account balances, budget, credit score, debt retirement and retirement savings, then you’re on the right track to getting control over your personal finances.

Should these terms cause you angst, you’ll be glad to know that millions of people feel the same exact way as you. The National Endowment for Financial Education found 75 percent of millennials feel anxiety about their personal finances. The NEFE was set up in 1972 as a non-profit to educate Americans to help them make better financial choices and improve themselves.

A good number of millennials hesitate to get control over their finances. To them, personal financing is done at a full-out run. It doesn’t have to be that way. Minute changes in how you approach your finances can have a significant impact on your View full post…

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Financial Problems Caused by Coronavirus

Financial Problems Caused by Coronavirus

Financial Havoc Caused by the Coronavirus

It should come as no surprise that the coronavirus pandemic has left many individuals in dire financial straits. Many Americans who have lost their jobs, or other sources of income, have very little in savings as a backup.

A study was done by Simplywise.com, a technology company that provides free services to assist people in making sound Social Security decisions. They discovered that about 38% of individuals who lost their job, or had a drop in income due to Covid-19, had total savings that would barely last for a month.

Even more alarming, another 20% of individuals didn’t have enough in savings to last them for View full post…

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