I am often asked about my thoughts on the direction the economy is headed, and unfortunately, I don’t have a crystal ball, but I do have several metrics that I use to help determine which direction the economy might be headed. One of these metrics is the velocity of money. The velocity of money is … Read more
Image source: Getty Images If your family is struggling financially this year, don’t skip the holidays. the main points If your family is going through a difficult financial time, you may be feeling stressed about the upcoming holiday season. Programs like Toys for Tots, USPS Operation Santa, and Santa’s Little Helpers can make it easy … Read more
Image source: Getty Images Bring your own (affordable) chocolate truffles. the main points Aldi has store locations in 36 states, and 90% of the items it sells are private label. Right now, Aldi has a great selection of holiday meals that you can get for cheap. Look out for fancy cheese-stuffed olives, chocolate truffles, and … Read more
To align your shopping with your social values, start by paying attention to where you spend your money. Buying from companies that support the things you care about can help ensure that you’re spending in the right places. What social values ​​can guide my shopping? If a cause matters to you, chances are there is … Read more
People often feel the end of the year thinking about the year they had and reflecting on the year ahead. As you contemplate how you’ll treat 2022, it’s time to think about the financial steps to take at the end of the year—from reviewing your retirement plan to assessing how good your insurance is—and take … Read more
Insider experts pick the best products and services to help you make smart decisions with your money (Here’s how). In some cases, we receive commission from Our partnersHowever, our opinions are our opinions. Terms apply to offers listed on this page. During an economic downturn, it is essential to control your spending. Try to avoid … Read more
For Ryan Decker, surviving the holiday shopping season is all about planning ahead. In fact, if he sees a gift for one of his two young sons in March, he’ll go ahead and buy it, instead of rushing through his December shopping list. “It lightens the load greatly,” he says, making December bills easier because … Read more
(Kylie Hagen) The purchasing power of Social Security has been declining for decades, but rarely have seniors felt it as much as they did this year. Record inflation has made everything considerably more expensive, and that has made life very difficult for those with little or no personal savings to supplement their checks. But there … Read more
Image source: Getty Images If you are tired of rampant inflation, you are certainly not alone. the main points Inflation has been hitting consumers for more than a year. Although there are signs of it slowing down (including a 0.5% drop from September to October), we’re not there yet. It was a tough year for … Read more
When it comes to everyday spending, you may be wondering if you should use a savings account or checking account for your spending and Saving Money Need. You might be surprised to learn that both have many pros and cons. Savings vs checking accounts The main difference between the two is that savings accounts are … Read more
