If you read financial headlines, you’ve no doubt seen the news that the Federal Reserve is raising interest rates. These headlines can be accompanied with all sorts of hyperbole about the end of the stock market, the boom of bonds or any of a dozen other possible predictions. It’s easy to get overwhelmed when there’s this much information and so much of it is conflicting. Let’s set the record straight on what rising prime interest rates mean for you.
If there’s one lesson in investing, it’s that time in the market matters. The longer you leave your capital alone, the more it can grow. If past growth rates continue, the time you leave your savings alone is more important than how much you save.
Whether you love Apple’s user-friendly and reliable products or hate the price tag and the status symbolism they represent, you’ve got to admit: The company knows business. Apple saw the future of finance and the future of technology rapidly merging and figured out a way to cash in on it. The iPhone 6 and newer phones come with a new technology that’s set to change the way you pay for things. They’re capitalizing on that technology with a payment system of their own: Apple Pay.
Q: This is the year I finally got that raise! What should I do with the extra money?
A: Beyond the money, getting a raise is a rewarding recognition that the work you’re doing for your employer is valued. It means you’re on the right path in your career. This should be one of many such events in your life where your hard work and dedication finally pay off.
Buying your first home is a major milestone. There’s nothing quite like the giddy rush that comes from knowing you could paint a wall fluorescent pink or cover the cabinets in peanut butter and no one could legally stop you. You’ve also got a new and quite big investment you need to maintain. Weighing the freedom against the responsibility is a delicate balancing act, and doing it successfully is part of what being a homeowner is all about.
The New Year is a great time of renewal. That makes it a good time to make bold, decisive changes in your life. Leave behind the baggage that was 2016 and start fresh with a blank slate in 2017. If you’re looking for some resolutions to improve your personal finances, we’re pleased to offer seven ways to make 2017 the year of the dollar!
An alarming Glassdoor survey found that more than half of Americans don’t negotiate their salaries. That means most people will continue working for the same pay, even as their value to the workplace and their experience increases. How can you teach your kids to not be afraid of asking for a raise?
Hopefully, your kids are ready and willing to work hard for their pay when they grow up. But do they also know that time is money?
Your wallet can easily become cluttered with loyalty cards, coupons, cash, checks, store credit cards, and a host of identification cards. Not only is an over-stuffed wallet a hassle to carry, it may make identity theft easier.
Give your purse or wallet a good once over. Look for things you don’t regularly need, and take them out!
Scammers seem like they’re in every part of the economy. If you make a purchase online, scammers are trying to get your credit or debit card number. If you check your email, scammers are trying to get you to download spyware. You might think you’re safe conducting all your business in cash, but scammers are waiting in one location you can’t get around: the ATM.