Have you ever thought about what you would do if you received an inheritance?
We have all become accustomed to the ritual of checking our credit scores and credit reports. It has become much easier than in past to stay on top of this task. Our credit card statements and credit monitoring services passively update us on changes in our credit reports.
We’re currently experiencing the longest, biggest bull market in history. Despite a number of reasons to feel some concern about the future -- be they political, humanitarian, other otherwise -- you probably have even more reasons to feel optimistic about your finances right now.
Do you know how much money the baby boomer generation is expected to pass down to their adult children over the coming decades?
If you guessed somewhere in the billions… guess again.
It’s not just the money you make that determines how wealthy you are. Your mindset around the money you earn, use, and keep plays a huge role in how successful you are at using that money well, and feeling satisfied both with your finances and your life as a whole.
You might think knowing how to negotiate salary is a skill best used by entry-level workers who are just getting started in their careers. And you’re right -- being able to secure better pay when you start a job sets you up to make more over your working years.
Let’s face it: not everyone finds it fun to sit down with a spreadsheet and pour over numbers. “Budget” is a bad word to a lot of people, and facing up to certain aspects of your financial life can leave you feeling stressed, unhappy, and worried.
Cost creep is something parents have become accustom to when paying for children’s education. For the upcoming 2018-2019 academic year average costs are exceeding $14,000 to send a child to private high school in Kansas City for the first time. While the headline number may surprise some, prices only rose 3.1% over last year.
There’s nothing like tax season to get you thinking about what kind of financial documents are important to keep on hand -- but knowing what to do with your old financial records is important no matter what time of year it is.