The coronavirus pandemic has not only created a world health crisis, but is also affecting national economies and societies to their core. The impacts will vary between countries. However, there are few doubts that Covid-19 will create cascading effects on a global scale. The financial impact of coronavirus will be felt for years to come. […]
How to Track Mailed Stimulus Checks on Your Device
On March 27, 2020 the U.S. Congress signed the largest economic relief package in American history. The Coronavirus Aid, Relief and Economic Security (CARES) Act will provide financial relief for private citizens and businesses. One of the most important components of this $2 trillion relief package is the stimulus checks sent to all eligible adults. […]
Reasons for Not Getting a Stimulus Check
Many American citizens sighed in relief when the U.S. Government announced that everyone would be receiving a stimulus check. Although I have been fortunate to work from home, the relief payment offers some peace of mind. If yours has not arrived, it is time to look at reasons for not getting a stimulus check. […]
Investing Mistakes to Avoid After Turning 50
As you enter your 50s, your retirement years become much clearer. After spending years building assets and contributing to your retirement funds, it is time to put your plan into action. With only a few years left to make contributions, this is not the time for poor money management or financial decisions. This is especially […]
How Home Quarantine Changed My Budget Allocation
Living on a Limited Budget With businesses closed across the nation, the American economy has come to a standstill. The fortunate ones have been able to work from home, but laborers in other industries have been out of work for over a month. Without a steady influx of money, you need to tighten your budget […]
Ways to Improve Your Money Management Skills:
3 Immediate Actions to Improve Your Money Management When it comes to early financial education, there are serious gaps in knowledge for most people. Perhaps you were never taught how to manage and invest your resources. Maybe you are still paying off loans or a mortgage. Bad habits can also be formed if you observed […]
Warren Buffet: How One Man Helped Shape a Community
Using the 6 Jars System to Reach Financial Independence
The 6 Jars Money Management System T. Harv Eker first introduced the world to his theory of money management in his book “Secrets of the Millionaire Mind.” He developed his 6 Jars System after making and then losing his first million. Eker realized his failure was due to poor money management skills and a few […]
Cutting Energy Costs during Quarantine
Now that everyone is spending more time at home, you are probably noticing a spike in your utility bills. Even though you are saving money by staying home, it is possible to reduce your expenses even further. Here are a few ways of cutting energy costs while we are all under quarantine. Unplugging Appliances to […]
Whose Net Worth Might Drop Due to the Pandemic?
Forbes Billionaires The beginning quarter of 2020 has been costly for investors around the world. The stock market crash which began on February 20, 2020 saw the Dow Jones drop an average of 17%. This is the greatest drop since the 2008 mortgage crisis, causing more than $6 trillion of global stocks to disappear. This […]