What are your financial goals? Do they include paying for your children’s education? Maybe you want to buy a boat and travel the world. Everyone has different goals and sometimes they can be extremely complex.
Topics: Identity Theft
Did you know you have a 20% chance of becoming disabled at some point during your working lifetime, according to the United States Census Bureau? The thought is, “That will never happen to me.” But you can never be sure since accidents happen at unexpected times.
Topics: Financial Planning
The economy's “report card” is in, and the results are more of the same. The U.S. economy grew 2.6% in the second quarter (April through June). So, for the first half of 2017, the economic growth rate is 1.9%. This is in line with the five-year average growth rate of 2.2%.
Crayons, markers, notebooks, and electronics are starting to crowd the shelves in every Tri-State store. So you know that that means: it's back-to-school season and it’s time to get everything your student needs for the school year!
The sky is falling! The sky is falling!
It seems as though everyone who talks about Social Security is a “chicken little.” All the information you hear is nothing but doom and gloom. Some of the information may be accurate, but it can be hard to tell what’s real, what’s blown out of proportion, or what’s even so-called “fake news.”
Topics: Social Security
This Friday, July 28th, we’ll get the economy's ‘report card’ in the form of the latest Gross Domestic Product (GDP) number for April through June. The GDP is the value of all goods and services produced during a specific period of time. Economists expect that spending from you, the consumer, improved enough to push economic growth to 2.5%, which would be better than the first quarter's 1.4% growth rate. However, it's still not as strong as most were hoping for a few months ago. Simply Money Advisors expects that the U.S. economy will grow around 2% (or slightly higher) for the 2017 calendar year.
Have you ever heard the statistic that more than 50% of marriages end in divorce due to finances? The majority of respondents said the only thing they knew about their spouse when they got married was their income, according to a recent study from credit bureau Experian. But there is so much more to financial compatibility than how much money you make!
Topics: Personal Finance
Last week, Wall Street investors focused on the semi-annual Congressional testimony of Janet Yellen, the Chair of the Federal Reserve (our nation’s central bank). They hoped to get a better idea of the Federal Reserve's plans for future short-term interest rate hikes. Ultimately, Chair Yellen indicated that future moves would be dependent on inflation. She stated the Federal Reserve expects the strong job market will lead to higher inflation as more people find work. However, there is little inflation in our economy today. This is important because the Federal Reserve has a goal of 2% inflation, but its preferred inflation measure is only 1.4% over the past year. This is one reason some economists are skeptical that the Federal Reserve will raise interest rates again this year.
You work hard to stick to a budget and plan for extra expenses, so why pay more for products or services you’re in search of? With a little research and time, you may be able to decrease the purchase price significantly. Here are a few ways you can ask for a discount.
Topics: Deals & Discounts