Debt Consolidation Risks Explained Five Hidden Downsides to Know
Discover 5 hidden risks of debt consolidation most guides overlook to make informed decisions and avoid costly financial pitfalls.
Credit Unions Fail More Often than Banks. Are Your Deposits Fully Insured? NCUA vs FDIC Insurance.
Credit unions, as fiscally conservative member-focused non-profit institutions that distribute profits to their members, are surely safer than for-profit banks with return-hungry shareholders, right? That was my thought. Much to my surprise, however, my research found that the opposite is true statistically. In the last decade (January, 2015 – January, 2025), 97 federally insured credit …
The U.S. Personal Savings Rate is Plummeting. Yours Should be Rising.
Long-time readers here know that personal savings rate is one of my favorite personal finance metrics (along with safe withdrawal rate, crossover point, net worth, and “usable net worth”, to name a few). No other metric is as apt at diagnosing your current “personal business” of household cash flow management. In its simplest form, Personal …
Fed Rate Cuts: What they Mean & 3 Moves to Consider
On September 18th, the U.S. Federal Reserve lowered its targeted Effective Federal Funds Rate (EFFR) – the rate at which banks borrow and lend each other money- by 0.5% from 5.25-5.50% to 4.75%-5.00%. The Fed also signaled a potential additional 0.5% rate decrease at the next Federal Reserve meeting, which takes place in early November. …
$20K Credit Card Debt Payoff | Snowball vs Avalanche Compared
Compare debt snowball and avalanche methods to see which pays off $20K credit card debt faster and saves more interest for your situation.
Renting Is Throwing Money Away Not for These 3 Types of Renters
Discover why renting is not throwing money away and learn the 3 types who benefit most from long-term renting with key financial insights.
Tier 2 vs Tier 1 Cities Salary and Savings Comparison India
Compare savings and lifestyle in Tier-2 cities with low salary versus Tier-1 high salary but costly living for better financial decisions in India.
5 Money Questions to Ask Before Buying a New or Used Car
Discover 5 money questions to ask before buying a new or used car to save on financing fees taxes depreciation and ownership costs.
What Happens If You Pause Social Insurance A Freelancer’s Guide
Discover what happens if you pause social insurance as a freelancer including legal options risks and impact on pension health and benefits.
Managing Social Obligation Spending Without Guilt Practical Strategies
Learn how to manage social obligation spending without guilt with practical tips on budgeting boundaries and mindful gifting strategies.