This year has been challenging for every sized business. But, despite the economic uncertainty, and rising interest rates, there are some silver linings. One is an abundance of office space and motivated sellers looking to cut their losses, meaning more bargaining power for you if you’re looking to purchase an office.
nterest rates are always a hot topic, whether the go up or down. As of this writing, the Federal Reserve has raised interest rates four times in 2023 in its effort to curb inflation. While there’s much debate on whether this is a smart move, there’s little doubt that an increase in interest rates for home and auto loans and credit cards makes it more challenging for consumers. But there is a silver lining: increased interest rates mean increased rates for CDs and Certificates.
Medical expenses, even if you have health insurance, can be steep. However, if your policy has a high deductible, you may be able to use a Health Savings Account to pay for some very common (and often pricey) out of pocket medical expenses at a tax advantage.
With so many moving parts in personal finance, it can be tough to know where you stand. By calculating your net worth at least once a year, you can get a snapshot of your progress and better identify areas that might need some work.
You don’t move to a new home every day! But it sure happens from time to time. The U.S. Census Bureau estimates over 27 million people moved in 2022.
When it does happen, it’s usually stressful, even when things go smoothly. The list seems endless, from packing to finding movers, obtaining new insurance, and changing your address. The last thing anyone needs when moving is to find out that their new home won’t be available as planned, on time, regardless of the reason. Here, with some insight from our partners at Balance, are some things to consider if you end up having to wait.
echnologies. Digital payment apps are no exception. With their use becoming increasingly a part of our everyday life, knowing the steps for safeguarding your information and maintaining control of your money is essential.
Buying a home in an area of natural beauty can be a gift but also carry a sting in the tail if the area is prone to natural disaster. Despite the risks, picture-perfect locations are a perennial draw and people continue to move into risky areas.
your spending limits now and top up savings for gifts, activities, and travel. Calculate how much you’ll need for each category and divide by how many months you have left. Then have that amount deposited automatically into the respective accounts.