The debate on renting vs. buying a home is one that continues to rage on. No matter the argument for one side, there is equal evidence for the other. This decision is not an easy one and is dependent on many different variables such as your current financial situation, family, lifestyle, and financial goals. Everyone…
Earlier this month, we discussed emergency funds and went over 7 reasons why you should have one. We stressed the importance of only using an emergency fund for a real emergency—perhaps a medical expense, a home or car repair, or suddenly finding yourself unemployed (with more reasons listed in the post). As the term “emergency…
There are a variety of things to consider when deciding on whether or not to use a financial advisor. On the surface the decision is simple: advisors can be extremely knowledgeable in the market but come with fees attached. However, there are many other factors at play in the financial advisor and client relationship, whether…
Unwanted solicitation—the bane of many, yet almost a routine part of daily life for all. Technology has advanced, thus we have SPAM filters and are able to ignore unknown calls (thank you, Scam ID). As technology has advanced, however, we’ve seen an evolution from obvious mass-market solicitation to full-blown scams—many of which aren’t as obvious…
You’ve heard it before and you’ll hear it again—establishing an emergency fund is of vital importance to your financial health. As self-explanatory as a financial term can get, an emergency fund basically is a stash of money that you set aside in case of, well, an emergency. Life likes to throw us unexpected surprises, and…
Last week, we dove further into our comparison of entrepreneurship versus employment by proposing ways in which you can combat some of the disadvantages to employment. If you remember correctly, we wrote a comparison that outlined both the advantages and disadvantages of each last month. As stated previously, we don’t hold either choice above the…
We’re already well into the New Year, and by now you’ve surely made some sort of list as to what you want to accomplish in 2019. Heck, you already may be struggling with a few resolutions (keep going—we believe in you!). It goes without saying that almost everyone has some sort of goal, plan, or…
Last month, we comparatively explored the components of entrepreneurship versus employment by delving into the advantages and disadvantages of each. We don’t hold either option in higher regard than the other—we just think it’s important to consider every aspect in order to decide which is the right fit for you. Since we like to focus…
A new year brings with it new opportunities. This makes 2019 the perfect time to invest in the things that are most important in your life: health, wellbeing, finances, and happiness. However, contrary to popular belief, investing isn’t just about money, it’s about utilizing your resources in the best way possible to make the most…
The story of Danske Bank and its money laundering could make a hit crime novel. Yet, the biggest banking scandal in Europe in recent memory is no laughing matter, and it has resulted in the loss of hundreds of billions of euros. Let’s dive right into the story, its implications, and how regulators are attempting…