Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. Earlier this year, an ordinary looking penny made headlines when it was found among the possessions of a man named Don Lutes. The 1943 bronze Lincoln cent attracted nearly 30 bids and sold for $204,000 in … Read more
Everyone would like to know how to become rich, yet many people make financial mistakes every day that keep them from becoming wealthy—or at least from building up a nice nest egg. What are the dumb things that get between you and wealth? These warnings from experts will help you correct your financial mistakes and watch your … Read more
Money laundering (also known as “money mule“) scams have been around for a long time but have been increasing in frequency during the COVID-19 pandemic. That’s because many of us are quarantined at home, spending more time online, where many of these scammers prey. Three of the most popular money-mule scams involve online love interests, … Read more
There’s a lot of chatter about the recession these days. Furthermore, while no one can predict whether the country will enter a recession—an official recession isn’t declared until it has already begun—there are a few things to be aware of in times of economic instability. For starters, avoid incurring new debt if possible, including cosigning … Read more
Many Americans have turned to creating their own businesses, putting an emphasis on setting their own schedules and leaving more time for family and leisure. In 2020, as the pandemic got its start, 4.4 million business applications were filed. In 2021, the total reached 5.4 million, NPR reported. And in 2022, 5.07 million businesses will … Read more
The idiom “time is money” is more than simply a catchphrase; in actuality, the two are more closely related than you might imagine. Those who have mastered time management techniques typically find that they are more productive and are therefore better able to plan and earn their money. “I parlayed my time management techniques into … Read more
Dave Ramsey has gone from riches to rags and back again, and through it all, he’s developed a method of using common sense to manage money responsibly. He’s shared these steps to financial health through books like his bestselling “The Total Money Makeover” and on his nationally syndicated radio program, “The Dave Ramsey Show.” Ramsey … Read more
It goes without saying that saving money is a smart financial decision. Savings can act as a safety net for your finances, assist you in reaching both short- and long-term financial objectives, and eventually enable you to live life on your own terms. Yet, just like eating correctly and exercising, remaining motivated and on track … Read more
Typically, during your 20s, you make your first forays into the real world and wean yourself off of your parent’s financial support. Because you’re starting out in your job, you might not have as much disposable cash as you would want during this period. Although watching your spending is vital because your budget might not … Read more
This year, many Americans have made more money to make up for inflation and the high cost of living, but the more money they make, the more tax they have to pay. Generally, most people want to keep as much of their income as possible, so how can they make that happen? One of the … Read more