Got an Emergency?

If an unexpected emergency arose today, do you have funds available to pay for it? If you say no, then you are not alone. In an article posted on Forbes.com on May 24, 2018, it stated that approximately 40% of Americans cannot pay for a $400 emergency expense. When you think of it, $400 is…

Are Certificate of Deposits (CDs) a Great Savings Product?

Have you heard of a CD before? No, not a compact disc (CD), a certificate of deposit (CD). So what is a Certificate of Deposit by the way? A Certificate of Deposit is a type of savings account, in which you “lock up” a certain amount of money for a defined time frame (3-months, 6-months,…

What’s Your Money Personality Type?

Do you already know what your money personality type is? If not, keep reading. There are a few different types of money personalities. The ones I will be sharing in this post are: saver, spender, debtor, balanced saver/spender, and gambler. I hope at the end, you identify which personality type sounds the most like you….

The Power of Sinking Funds

If you have a known future expense, how do you go about paying for it? Do you take out a loan to cover the cost or do you take money from savings to pay for it? Sinking funds are a great tool for paying for future expenses. So what exactly are sinking funds? Sinking funds…

If money wasn’t an issue, what would you be doing right now?

I am posing this question, because I want you to take a second to really think about the life experiences you would love to have if money wasn’t an issue. Where are some of the places you would travel to? What type of cuisine would you indulge in? Would you be doing something adventurous and…

So you want to learn how to invest? This should be your first investment!

When you invest, you put your money into something with the hopes that you will recoup the costs of your initial investment, plus, make additional money (return on investment). So an important question is, has anyone ever told you that the greatest investment that you can make is in yourself? Yes, that’s right! Before you…