According to a 2022 Bankrate survey, more than half of working Americans say they are behind on saving for retirement. Meanwhile, one in four have no retirement savings at all. 54% of the survey responders attribute their lack of retirement savings to inflation....
Budgeting, Money, Save It
Should you buy a home or rent one instead? It’s a question that nearly everyone must ask themselves, especially when they are about to start a family and have children. We are often told that buying is the superior option. But renting is not as bad of a choice as...
Budgeting, Money, Plan It
The term “oniomania,” which is used to describe people with obsessive, problematic shopping and spending behaviors, consists of the Greek words “onios,” meaning “for sale,” and “mania.” Also known as Compulsive Buying Disorder (CBD) and Impulsive Compulsive Buying...
Budgeting, Money, Save It
Increasingly popular among millennials, the “financial independence, retire early” movement, or FIRE, is a lifestyle that encourages people to save as much money as possible as quickly as possible to become financially independent and retire earlier than a traditional...
Budgeting, Money, Save It
Frugality isn’t easy to practice in today’s consumer-driven economy. But there is a growing frugality trend sparked by a mix of factors, namely the pandemic, inflation, and fears of a recession. Being frugal isn’t the same thing as being cheap — and watching your...
Budgeting, Money, Save It