The Economic Impact of Valentine’s Day
Each year, love and commerce converge for the holiday known as Valentine’s Day. Not merely a day of expressing love and affection, Valentine’s Day is now a substantial economic event that impacts various sectors worldwide. In this article, we can delve into the economic impact of Valentine’s Day and the industry that surrounds it. To understand the economic impact of
Financial Resolutions Check-in: Are You Making Progress?
As we navigate the year, we must pause and reflect on our progress, particularly concerning the New Year’s resolutions and financial resolutions we set at the beginning of the year. A check-in gives us a rush of accomplishment, a clearer understanding of our goals, and a rejuvenated drive to work toward them. New Year’s resolutions, for many, are an entrenched
6 Tips to Help You Save on Summer Travel
If you love to travel, summer is a great time to do so and have new experiences near home or far away. As you plan, remember to budget for travel expenses and look for ways to save during the peak summer travel season. Here are some tips to help you save on summer travel: #1- Create a travel bucket list.
Insurance Awareness Day: Time to Assess Your Risk
Insurance Awareness Day, recognized on June 28th, is a great time to review your insurance coverage and assess your risk. Insurance is a means of protecting your assets against premature liquidation and protecting yourself and your loved ones. It may be possible to strengthen your current insurance coverage or purchase new coverage. The insurance review and planning process is unique
Smart Ways to Prepare for Next Year’s Taxes
The financial decisions you make between now and the end of the year can significantly impact how much taxes you will have to pay once tax day arrives. There are things you can do now to help prepare for next year’s taxes. If you take action by December 31st, you may reduce your tax burden and keep more of your
Strategies to Help Your Kids Save for Retirement
Helping your kids save for retirement starts with financial education and discussing the importance of saving for their future. But, besides financial education, there are strategies that you can implement for them at a young age. The strategies can help them get a head start on their retirement savings. Here are two strategies for saving for retirement that may be
What to Know About Today’s Credit Card Interest Rates
Credit cards may make it easy to cover a variety of expenses. Credit card use often helps increase one’s credit score if the balances are paid in full each month and on time. However, mismanaging credit or carrying balances over time can lower credit scores. It may be a risk to your financial future since lenders use credit scores to
What Rising Gas Prices Mean For Consumers and the Economy
Rising gas prices can impact consumers and the economy in many ways. For example, rising gas prices affect consumers at many places they purchase goods. If the places rely on gas, natural gas, or crude oil: The gas pump- it costs more to fill your gas tank The grocery store- groceries cost more to grow or produce and transport to
Life Insurance: Essential to Financial Planning
Now is a great time to review your life insurance policies and determine if you have enough coverage. Learn more about how life insurance is essential to financial planning. When someone we know passes, often, we are reminded how precious life is and how financial stability can rapidly change. In some instances, they did not have enough life insurance coverage.
Understanding the DROPs Government Employee Retirement Program
Government employees, such as teachers, firefighters, police, and others, often consider working after their eligible retirement age. Especially when presented with a deferred retirement option plan (DROPs) offer. A DROP program is a tax-advantaged retirement plan. It provides employer monies in exchange for the employee continuing to work past retirement. In a DROP program, the employer sets aside an annual-lump