From a retirement planning perspective, the decade between your 40th and 50th birthday is a time when, if you haven’t started saving for retirement, you definitely should. Of course anyone who started putting money away before then is going to be better positioned financially than you are to meet their long-term retirement goals, but the good news is that there’s still plenty of time to shore up your savings even if you’ve been hitting the “snooze button” on your retirement plans for the last 20-odd years.… Read the rest
It’s well-known that talking about religion or politics among friends and family members can make for awkward conversation. For businesses, it can not only be awkward but also financially deadly.
Not long ago the CEO of fast food chain Chick-fil-A made his opinions known about the fact that he believes marriage should be between a man and a woman. The backlash that his comments sparked, from the media, gay and lesbian couples across the country and even Boston’s mayor, was massive.
On the other hand, when former Arkansas governor (and FOX commentator) Mike Huckabee organized a “Chick-fil-A appreciation Day”, the restaurant saw record shattering sales.… Read the rest
When you talk about innovation and technology when it comes to online / internet based payments these days, the conversation often turns to Bitcoin, the innovative new monetary system that’s being used more and more around the globe. However, despite the increasing number of retailers that are beginning to use them and it’s run-up in value, there are quite a few other financial innovations that are playing more of a role in the daily lives of people around the world than Bitcoin, at least for now.
These innovations are changing things at a quicker scale, from how the average small business owner goes about business on a daily basis to how farmers in Uganda are handling their finances.… Read the rest
While you may think that college is all fun and games, keeping track of your credit score and doing your best to keep it as high as possible is no laughing matter. The fact is, having a “frat party” with your buddies can wait but a good credit score shouldn’t.
For most people, college is the first time in their life that they actually begin taking responsibility for their financial affairs. Most get their first credit card, their first car insurance bill and, for some, their very first part-time job while they’re in college. While the responsibilities of college life, especially if you have a part-time job, can be daunting, now is actually the perfect time to obtain your very first credit report and learn about what you can do to keep your credit score sterling.… Read the rest
We’ve talked about your credit score quite a bit here on our blog. The reason is that they are 3 numbers that can profoundly affect you financially. Whether it’s the interest you pay on your mortgage, your ability to get a car loan or being able to get a credit card with an excellent APR, your credit score, and making sure that it’s a “good” one, is vital.
The reason it’s so vital is that your credit score takes into consideration practically everything about you credit wise. It looks at your credit cards, your car loan, your mortgage, your payment history, how much of your available credit that you are using and a number of other factors.… Read the rest