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Retirement accounts are a key component for Americans to build wealth for their post working years. High net worth Americans report more than half their wealth is in accounts like 401(k)s and IRAs. And this trend is bringing more workers into the millionaire category, with nearly 500,000 “401(k) millionaires” in the U.S., according to Fidelity. […]
Inflation and unemployment reports are solid. Recent reports have brought encouraging news on two critical fronts of the economy, including inflation and unemployment. Both indicators have shown improvement. On Oct 4, the unemployment rate fell to 4.1%, down from 4.2% a month ago, while the rate of inflation dropped to 2.53%, down from an annual […]
The Department of Justice sued Visa Inc. on Tuesday, September 24, sending the company’s stock downward by 5.5%. Today, a company in Florida followed up with a visa class action lawsuit, which alleges that visa has monopolized the market, in what could be the start of several copycat class action filings in the near future. […]
Two weeks ago, Central Bank Fed Chair Jerome Powell announced the Fed was cutting interest rates for the first time since the pandemic when the Federal Open Market Committee approved a reduction to the overnight borrowing rate of 50 basis points, or one-half of one percent. Speaking today in Nashville, Powell stated that he and […]
As Hurricane Helene bears down on the Gulf Coast this week and into the weekend, and the hurricane season appears poised to ramp up, the perennial questions regarding home insurance and climate change pop back into mind. The Congressional Budget Office released a report in August warning of property insurance concerns as the effects of […]
Are budgeting apps safe? Budgeting apps are safe to use—mostly. While they can be incredibly convenient as tools to help manage your finances, budget apps must handle sensitive data and personal information over an internet connection, which makes them susceptible to security risks and online criminal activity. Fortunately, most budget apps look out for your […]
If you need to know, “How long do hearing aid batteries last?” you’ve come to the right place! After having done extensive research on the topic, we have the answer. The good news is that more than 52% of hearing aids feature rechargeable batteries, and standard batteries last longer than you probably think. What you’ll […]
There are specific home insurance questions to ask your agent when purchasing a new policy. The questions are essential whether buying a new or existing property or changing insurance providers for a home you already own. While the average cost of home insurance hovers around $2,300 annually or just under $192 monthly, that total can […]
If you’re one of the estimated 37.5 million adults in America suffering from hearing loss, you may wonder, “Hearing amplifier vs hearing aid: Which is better?” Fortunately, we have researched this topic extensively and have developed this guide to help you decide which will work best for you. Highlights: Discover the difference between hearing aids […]
Whether a balance transfer vs personal loan is better for you depends on your situation. Though it’s an important part of getting the message out to the public, many debt consolidation and personal loan companies often cause confusion with their marketing language. It can be easy to mix up the differences between the two financial […]