No, 36% Of Americans Earning Over $250,000 Are Not Living Paycheck To Paycheck Because Of Inflation

There were a number of articles going around this week about a survey from PYMNTS in collaboration with LendingClub which found that 36% of Americans who earn over $250,000 per year reported living paycheck to paycheck in April 2022. You can download the report for free here. This was a shocking finding for many people … Continue reading No, 36% Of Americans Earning Over $250,000 Are Not Living Paycheck To Paycheck Because Of Inflation

Stocks: Answers To Common Questions

What is a stock? A stock is a financial instrument, or monetary contract, denoting partial ownership of a corporation. A unit of stock is called a share. A company issues shares when it divides ownership among investors or employees. Both public and private companies may issue shares, but they are traded and valued differently. The … Continue reading Stocks: Answers To Common Questions

6 Money Lessons From Hataraku Maou-sama! (The Devil is a Part-Timer!)

Watching anime is one pastime I enjoy. I even have a website where I've posted nearly 4,000 funny screenshots from anime TV shows and movies that I have watched over the years. But just because you do something for fun, doesn't mean you can't learn something from it. While I was re-watching Hataraku Maou-sama! (known … Continue reading 6 Money Lessons From Hataraku Maou-sama! (The Devil is a Part-Timer!)

Everything You Need To Know About Emergency Funds

Life is full of uncertainties. You may be having a perfectly fine day, and then all of a sudden, disaster strikes. Whether it's losing your job or ending up in the hospital, or even a more minor unexpected problem like your car breaking down, these setbacks can be devastating to those who are not prepared. … Continue reading Everything You Need To Know About Emergency Funds

Save Money By Switching To Healthier, More Satisfying Meals

Food-related expenses are the third largest category of expenditures for American families, according to the 2019 Consumer Expenditure Survey by the U.S. Bureau of Labor Statistics. We previously published an article about how to save on your grocery bill, but another way to save money is by switching up your meal choices with cheaper (but … Continue reading Save Money By Switching To Healthier, More Satisfying Meals

Why I Like Covered Calls

Investing can be simple, or it can be quite complex. For most people, simplicity is the best choice. Just invest in a total market or S&P 500 index fund, and you'll be good to go (check out The Simple Way To Become A Millionaire). This allows you to take advantage of compounding in the stock … Continue reading Why I Like Covered Calls

The Simple Way To Become A Millionaire

Everyone wants to be a millionaire, but no one wants to work for it. Here's the good news: you don't have to! There's a simple way to become a millionaire with almost no extra work. It only takes three steps. Step 1: Save No matter what income you make, save a portion of it every … Continue reading The Simple Way To Become A Millionaire

Evaluating Our Own Financial Habits: Do We Follow Our Own Advice?

Many of our articles discuss the best ways to manage your finances, but just because you know what you should do doesn't mean you actually do it. Do as I say, not as I do. In this article, I assess whether our own financial habits match up with experts' advice. Photo by cottonbro on Pexels.com … Continue reading Evaluating Our Own Financial Habits: Do We Follow Our Own Advice?

Top 6 Ways To Use Your Stimulus Check In Order Of Priority

My wife and I recently received our stimulus check. For anyone who doesn't already know, the amount this time is $1,400 for an individual earning up to $75,000 and $2,800 for a married couple earning up to $150,000. You also get $1,400 for each dependent. This was the largest of the stimulus payments we have … Continue reading Top 6 Ways To Use Your Stimulus Check In Order Of Priority