Every minute, the United States’ national debt is climbing and climbing with no end in sight. The national debt is currently over $20 trillion. If you can’t quite fathom how large of a number that is, it’s 20,000 billion, or 20,000,000 million. To put it into perspective, that’s more than $170,000 for each and every […]
The average person might say that $1,000,000 is enough money. If you invested it and lived off the dividends, it would probably be enough for a comfortable life. If you meant to spend it on living the good life, $1,000,000 doesn’t go nearly as far as it used to. Everybody has a point at which […]
You’ve probably heard the financial advice before, that you need to “Pay yourself first,”. Experts consider this single step to be the most important building block for a solid financial future. Let’s consider the real meaning of this seemingly simple piece of advice. The phrase refers to the practice of saving a portion of your […]
The thought of retirement can be exciting and create positive expectations. On the other hand, the thought of leaving a mainstream work-life balance can be a scary change. If you love doing your job every day and cannot imagine your life without work and earning a wage, you do have other options. Why not do […]
The choice between repaying your debt and saving for retirement is a difficult one. Which choice will give you the maximum benefit? To reconcile this dilemma, consider these simple steps: 1. Examine the debt in depth Pay attention to the interest rates and fees. Do the math to calculate how long it will take to […]
Financially Fit Formula