Introduction of Inflation (Part 2 of 2)
This is part 2 of an overview on inflation. We discuss what the media/experts are saying about inflation and how to protect yourself from high inflation. Please feel free to post any follow up questions…
FrankN
Introduction of Inflation (Part 1 of 2)
As you have probably seen in the news lately, a lot of people, companies, and government representatives are talking about inflation. Given inflation can be one of the most impactful things to you and your…
Update on Home Sales and U.S. Mortgage Rates
A few additional interesting statistics to watch during this pandemic, is U.S. home sales and the corresponding mortgage rates. Please let me know if anyone has recently purchased a home and if they are comfortable…
Personal Savings Rate for Americans
On another positive note, I wanted to share how savings rates have recently changed during this pandemic. To quickly summarize, Americans are saving significantly more and spending less. In fact, Americans saved a record amount…
How to Turn a Crisis into a Financial Fresh Start
As you have read almost everyday, this financial crisis is creating havoc on a lot of individuals and businesses. However, I wanted to write a positive article on how you might be able to take…
Personal Finance Concerns During COVID-19
While a lot of people thought we may be done with COVID-19, it seems to have come back and it might not being going away for awhile! Given the economic uncertainties, it is very important…
Updates on the General Economy
There is generally more and more positive news coming out for the economy which is a sign we have already hit a bottom. Many believe that rising coronavirus cases won’t overwhelm hospitals that are now…
June Stock Market Performance
The stock performance in June has been very strong, which is a surprise to many. June is turning into a historic month for the markets, as the Dow experiences its best performance for the month…
May Unemployment Numbers
May unemployment numbers are again bad news and we are still seeing the impact from the coronavirus. 2.123 million Americans filed for unemployment benefits in the week ending May 23, exceeding economists’ expectations for 2.1…
Scams That are Targeting your Coronavirus Stimulus Checks
Any time there is funding from the government, there is going to be scams out there to try to defraud you. Now scammers are going after your coronavirus stimulus checks. Many of you received a…