Some Effects of the Federal Reserve Bank Keeping Interest Rates Low for a Prolonged Period

Fed Chair Jerome Powell announced this week that interest rates will remain at or near zero for years as the Fed tries to stimulate the economy from the pandemic induced problems. Low ...

READ MORE

Receiving COVID-19 Unemployment Benefits? Three Important Considerations

If you're unemployed or partially unemployed, chances are that you're familiar with the current state of affairs. Since everything changes so rapidly, here are three important things to keep in mind as...

READ MORE

Six Personal Finance Rules You Can Vary from During the Pandemic

The pandemic has changed personal finance as we know it for the short term. Until the threat from COVID-19 recedes, the primary goal for many is financial survival. While this can largely be harmonized with lon...

READ MORE

How to Compensate for the Lack of a Second Stimulus Check

The first stimulus check was a welcome sight in the mailbox for millions of American families. While the check was not enough on its own to keep your family afloat, it provided some welcome relief during trying econom...

READ MORE

Why Is Deflation a Bad Thing for the American Economy?

You have likely heard talk about how the Federal Reserve is doing anything in its power to fight deflation. While you may think that prices going down is a good thing for you, deflation is actually the worst thing for th...

READ MORE

Should You Actively or Passively Manage Your Money?

When it comes to an investing strategy for their own portfolio, people must choose between active management and passive management. The two involve completely different ways of managing your money. Here are some things to ...

READ MORE

How to Approach Student Loan Teaser Rates You Get in the Mail

If you are currently paying back your student loans, your mailbox likely gets inundated with solicitations that offer you an unheard of interest rates on your student loans. These are what is known as teaser rates...

READ MORE

5 Ways to Boost the Amount that You Save for Retirement

5 Ways to Boost the Amount that You Save for Retirement Experts tell you that investing an extra $1,000 per month will help you retire earlier and with a higher lifestyle. This is a goal that is out of reach for most A...

READ MORE

Why You Can Relax About Retirement Savings

The recent market volatility probably does not make you worry any less about your retirement. Even during a bull market, many people stress about whether they will have enough money to eventually stop working. Even more so, they wa...

READ MORE

How to Get Yourself Ready for a Double Dip Recession

The stock market has been detached from the real economy for the past few months as the S&P 500 trades at record highs even though unemployment is still above 10%. Many economists are forecasting a double dip recession, sa...

READ MORE