The best order of operations for where to put your savings depends on where it will be most helpful in moving you toward your personal financial goals. This sequence can be different for everyone but there are some basic principles for determining where to best allocate your savings for debt reduction and investing. In what …
In 2019, 69% of respondents polled said they have less than $1,000 in a savings account compared with 58% in 2018. [1] No doubt, this has grown even worse in recent years with the pressures of inflation and the increasing cost of living. So what is the best ways to save a meaningful amount of …
There is a big difference between saving, investing and speculating with money. Savings is putting money away safely for future use in a low interest account. Investing is putting capital into an asset of value for either potential cash flow or appreciation. Speculating is betting on an asset increasing dramatically in value mostly due to …
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