Knowing When to Splurge and When to Save

Knowing When to Splurge and When to Save

Splurging can come in many forms. For some people, splurging is a way of having a nice night, ordering dinner, and enjoying time out – without worrying about the money spent. For others, it’s buying an expensive piece of tech or paying for something that...
Types of Credit and What They’re For

Types of Credit and What They’re For

When individuals are trying to establish or improve their credit, they may not be aware of all of the different types of credit available to them. There are three different types of credit, and to achieve the highest credit score possible, consumers need to have the...
The History of Inflation

The History of Inflation

After joining World War I, the US Government created the consumer price index (CPI) in 1917. Food price data was used to calculate the CPI beginning from 1913, a four-year period. From 1913 to 1919, inflation was uncontrollable, resulting in a collective total of...
The Basics of Paying Off Credit Card Debt

The Basics of Paying Off Credit Card Debt

Credit card debt has snowballed in the U.S. in recent decades. The average household now carries over $10,000 in credit card debt, among other debts, and many people struggle to make even the minimum payments due each month to service the debt. Credit card debt can be...
Creating a Much More Personalized Financial Plan

Creating a Much More Personalized Financial Plan

Having a financial plan is crucial to monetary success in your life. There are many financial plans you can choose from. Between all the advice available online and the entire industry of financial advisors, you have no shortage of choices. However, the real secret to...