Apple’s new high yield savings account has caused a few head turns as it announced the launch of an FDIC high yield savings account backed by Goldman Sachs. A high yield savings account is a type of bank account that pays you more money in interest than a regular savings account. Before you go online… Continue reading Should I sign up for Apple’s new 4.15% high-yield savings account?
Article Categories: Articles
7 Steps to Buying Your Next Home
The U.S. housing market has seen considerable activity in recent years. From the lockdown induced drop in housing supply in 2020 to the rapid increase in interest rates in 2022, buyers have had to wade through one of the more active (and expensive) housing markets in history. As the season turns to what has historically… Continue reading 7 Steps to Buying Your Next Home
ChatGPT Financial Advice
ChatGPT and other AI programs have been capturing headlines recently as a solution for helping you write term papers and make financial decisions. So, we asked ChatGPT this question, “What the benefits and risks of taking financial advice from ChatGPT? Here is summary of what it said: “As an AI language model trained on a… Continue reading ChatGPT Financial Advice
The Secret to 401(k) Success: Auto-Increase
We get it: it’s hard to save for your future when your today demands all your money. Yet, we all know we should. Here’s an easy way to build more wealth for your future…. use your workplace retirement plan’s automatic savings increase feature. With auto-increase, you agree to regular boosts to your savings percentage over… Continue reading The Secret to 401(k) Success: Auto-Increase
Should I get a Revocable Trust?
A revocable trust, also known as a living trust, is a legal arrangement where a person (the grantor or trust maker) transfers their assets, such as property or investments into a trust while they are still alive. The grantor retains control over the assets and can change or revoke the trust at any time during… Continue reading Should I get a Revocable Trust?
Money Isn’t Just Money
Ask the average American if they’re experiencing stress, and they’ll tell you “yes.” Ask them what they’re stressed about, and they’ll likely respond by telling you it has something to do with money. That’s because money-related issues, according to the American Psychological Association’s (APA) 2022 Stress in America Survey, is one of the leading causes… Continue reading Money Isn’t Just Money
Is Social Security Really Going Broke?
Many Americans have a fundamental misconception that Social Security is on the brink of going broke, leaving current and future retirees without any safety net the program is designed to provide. While it’s true that the Social Security Trust Fund is projected to become insolvent, this means that under current law it will be unable… Continue reading Is Social Security Really Going Broke?
Who Really Needs Permanent Insurance?
For most people term life insurance is the best choice from a financial standpoint. It covers you when you and your family are vulnerable for a low fee and expires when your need expires. You might be wondering when the need expires. Your insurance representative may say never…. But really? We think your need expires… Continue reading Who Really Needs Permanent Insurance?
Not Your Parent’s Retirement Plan
Retirement plan platforms have developed new features that allow for ease of access, security, and automation. Make sure you are using all of these great new features. Visit the Learning Library
How Little Money Can You Spend This Month?
The author James Clear of Atomic Habits says it perfectly regarding how humans work: “You do not rise to the level of your goals. You fall to the level of your systems.” In the beginning of the year it’s popular to make a list of goals for the months ahead. For many people this includes… Continue reading How Little Money Can You Spend This Month?
