How To Be Financially Stable In Your Twenties And Early Thirties
About the author: Lyle Solomon has considerable litigation experience as well as substantial hands-on knowledge and expertise in legal analysis and writing. Since 2003, he has been a member of the State Bar of California. In 1998, he graduated from the University of the Pacific’s McGeorge School of Law in Sacramento, California, and now serves... Continue Reading →
The stereotype that millennials cannot afford houses or property due to spending too much money on avocados and iced coffees seems to grow stronger with every passing day. However, this does not mean that they are bad with money. The truth is, there are many financial barriers that the millennial generation face that may mean... Continue Reading →
When you have significant amounts of debts to pay off, it can feel like you will never be able to pay it. What you do have to remember, however, is that in the vast majority of cases, it is not impossible. It may take a long time, and involve you being prepared to make lots... Continue Reading →
Credit is a slippery beast. This is something that those with poor credit reports and escalating debts know all too well. For such individuals, being refused credit is standard-fare, if they’re in a position to apply at all. But, credit setbacks don’t just happen to the people with obvious reasons for refusal. In fact, many... Continue Reading →
If you live in North America and particularly in the US, you know what a credit score is. It is that number determined by a set of institution that indicates your credit worthiness. Whether it is a good or a bad one, that a number on a computer determines your financial eligibility to borrow. For... Continue Reading →
People used to think that millennials were going to be the generation that would never buy their homes. However, it appears that the opposite is happening. While it is great that more of this generation is starting to buy homes, it’s a big decision to make and there are things that need to be considered. ... Continue Reading →
There are a lot of mistakes you can make with your hard-earned money that can affect you long-term. Learn how to secure your financial future ahead.
For each one of us, there are moments that are defining, moments that place a marker into our brains that nothing and no one could move. The imprints of those experiences are so powerful and lasting that they forge in many ways, our personalities, our likes and even our character. It could be an event,... Continue Reading →
The problem with debts is that the whole process can be confusing, scary and absolutely overwhelming. Even the word itself holds a lot of weight. Which is why many people avoid dealing with and facing up to the debts that they have. But, the sooner you start, even in the smallest way, the sooner you... Continue Reading →
As we mature, the desire for stability increases. Whether it is finding a better stable paying job, a long-lasting relationship or a place to settle in, we all long for a piece of happy place. Buying a home for many is that happy place. A place which we may call our own, a home where... Continue Reading →
As you google ‘The American Dream’ you may come across this definition: the ideal by which equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved. There was a time when one of those highest aspirations was to buy a home and to some degree, it still is... Continue Reading →
We all know that with adulthood, come certain responsibilities. One major one is to get your finances in order. The common basic thought is that it all start with a defined budget. To some extent, that is true but real, long term financial stability involves more. From managing debt and credit to planning your income... Continue Reading →
In our lifetime, making mistakes is unavoidable. Although the consequences of our mistakes can be hurtful, there are opportunities to grow and improve. As John Maxwell says, evaluated failures are sources of wisdom. However, it’s not always obvious when you’re making the right decision or when you are making a faux pas, especially if you... Continue Reading →
Independence and autonomy are a crucial part of younger millennials’ lives, and the critical tool that they need to achieve this is usually their own car. However, when you are still in your late teens and even early twenties for some, vehicles are a costly expense and can be a massive drain on the finances... Continue Reading →
I have observe that besides speaking to a financial advisor or planner, a banker and maybe parents, most people never have educative conversation about money. Unfortunately, many basic concepts are left unknown and unpracticed, consequently leading to financial instability. Money is an important part of all our lives. As such, it is important to get... Continue Reading →
If you live in North America and particularly in the US, you know what a credit score is. It is that number determined by a set of institution that indicates your credit worthiness. Whether it is a good or a bad one, that a number on a computer determines your financial eligibility to borrow. For... Continue Reading →
Sometimes, it may feel like your life is not on the tracks that you wish it should be on. Challenges come from all directions and it seems impossible to get back on track. That is normal as life cannot be ‘perfect’ all the time. You’re not the only one feeling this way but there is... Continue Reading →
When it comes to financial decisions, we all at some point make mistakes during our teens and early twenties. In a way, it’s all part of growing up. Many would also argue it’s better to make those faux pas when you’re young than to stray off course later. The same can rarely be said for... Continue Reading →
Regardless of what your finances currently look like today, improving your financial health or maintaining it in a good state should be what you strive for. Unfortunately, it’s very easy to fall into the simple pitfalls that could derail those hopes. Prior to social media, it was already very difficult to refrain from buying attractive... Continue Reading →
A lot of people think that by making more money, they will get into a better financial position. This could be true in some situations but it’s not always the case. Imagine that a young kid is having trouble improving his skills in the minor league. Assuming that more money leads to financial stability is... Continue Reading →
Money-Smart Millennials 