It’s March of 2021 and we’ve reached the one-year anniversary of the stock market crash where it dropped at historical rates. We had the fastest sell-off ever, and therefore one of the biggest bull markets in history after. Recently we’ve now seen the S&P 500, Dow Jones, and the NASDAQ drop the last several weeks with a bit of a market correction. So again, here we are, and you should be asking yourself if you should invest in the stock market, even if you’re still in debt. [Read more…]
Should You Take Out a 401K Loan? Pros and Cons
If you’re considering taking out a 401k loan and wondering whether or not it’s a good idea. Let’s weigh the pros and cons so you can have more insight into whether or not you decide to go forward and take out a 401k loan. [Read more…]
Change How You Think About Money
If you don’t like your financial situation, then you have to change how you think about money. Of course, plenty of people are doing just fine financially and in that case, may not need to make any adjustments. But the truth is most people are living paycheck to paycheck with a massive amount of debt. If that’s the case, you may want to read this. [Read more…]
Good Debt vs. Bad Debt: You HAVE To Know the Difference
What are some examples of good debt compared to bad debt? Is there such a thing as “good debt”? The truth is that any debt is something that is a burden and that we tend to take on far too easily. But that being said, some debt is worth it, while some debt is just simply ripping you off and setting you back further financially. [Read more…]
How to Spend Your Money Wisely
If you’re a middle-class American then you probably work really hard for your money, and even after that hard work you likely still have a tight budget to live off of. That’s the American way. And look, if you have a massive amount of debt then really spending money isn’t something you should be doing much of anyways, right?
But the honest truth is that we WILL spend money, it’s just inevitable. So stop pretending you won’t, and just be smarter with how you spend your money. What exactly do I mean? [Read more…]