Budgeting

When it comes to monetary customs, tipping has to be one of the most confounding of all. The practice of giving a gratuity or tip originated in Tudor England (1485-1603). There, overnight guests in private homes were expected to provide a sum of money to the host’s servants. Since then, tipping has become a widely-adopted […]

Knowing what age to take your Social Security benefits can be difficult. The earliest you can start collecting Social Security is when you turn 62, but you can choose instead to collect at a later date for a higher monthly benefit for the rest of your life. Let’s say your monthly benefit will be $1,500 […]

In the world of personal finance, “money saved for a rainy day” is far from the sexiest investment you can make. That doesn’t mean it’s not important though. When your life gets flipped upside down — whether from job loss, divorce, a death in the family, or any sort of unexpected financial crisis — having […]

Most adults have a variety of debts. It’s just a fact of life for many of us. Consumer debt in the United States stood at just under $14 trillion at the end of 2019, according to the Federal Reserve. And among American consumers today, debt is concentrated in four main areas – mortgages, student loans, […]