Savings

Buy Christmas Gifts on a Budget

Smart Tips to Buy Christmas Gifts on a Budget in 2020

It’s almost Christmas, which means it’s time to buy gifts for the ones you love. Unfortunately, many of us overspend when we shop for our loved ones. In 2019, the average American shopper accumulated $1,325 in new debt over the Christmas season. According to the National Retail Federation, Americans are going to spend $997.79 on Read more

How to Build Wealth

How to Build Wealth: 3 Basic Steps

Updated: August 6, 2020 Financial independence is a goal that many of us want to work towards. Wealth creation is one of the factors to becoming financially independent. Many people believe that you need to have a lot of money to create wealth. This isn’t true: you can build wealth with the income you currently Read more

What Is a Traditional IRA?

If you’re looking for a way to supplement your retirement income, why not consider an individual retirement account (IRA). There are a couple of different types of IRAs: traditional, Roth, SIMPLE, and SEP. A traditional IRA is an account that grants the owner tax advantages when saving for retirement. You may open an IRA at Read more