Finance Globe

Many employers pay a year-end bonus as a reward to employees for their hard work and dedication throughout the year. After laboring all year long, most people think about splurging the bonus, but there may be some better ways to put the money to good use. Put it aside for taxes. After it’s added to the salary you earned throughout the year, a year-end bonus may push you into a new tax bracket. You could end...

When you’re looking for a safe place to put your cash and possibly earn some interest, it’s important to make sure you understand the type of coverage your account comes with. FDIC and SIPC are two types of coverage that many financial institutions and brokerages offer to their customers. Banks are typically covered by the Federal Deposit Insurance Corporation or FDIC. Funds in checking, savings accounts, CDs, and money market accounts are insured up to $250,000...

The end of one year and the beginning of the next are among the best times to turn your attention to estate planning. While this may not be one of the more exciting things you do, it’s definitely one of the most productive. With so many details to consider and decisions to make, it’s not out of the question that you could fall prey to an estate planning mistake. Fortunately, if you’re familiar with these mistakes,...

The world of online lending makes it much easier to get funding for home improvements, debt consolidation, medical bills, or other financial needs. It’s also easier for scammers to trick unsuspecting consumers. Scammers can pose as legitimate lenders and trick you into paying for a loan upfront. Or, they can lock you into loans with higher interest rates and fees than you actually qualify for. Be on the lookout for both of these when you’re looking...

One of the features that comes with today’s smartphones is the ability to use your phone for payments rather than swiping your credit cards. The latest smartphones come equipped with a technology known as Near Field Communication, or NFC, which can transmit certain information when the phone is near an NFC-equipped reader. In the case of payments, your phone can securely send your payment information when it’s placed near a credit card terminal. Some smartwatches even...

With 2018 coming to an end, there’s no better time to review your finances with the goal of making changes for the better once the calendar turns. Like many, you’re probably looking to save more money in 2019. Even if you’ve had some success over the past 12 months, you know there’s always room for improvement. While there are hundreds of ways to save more money, these five are easy to implement: 1. Carpool There are...

The holiday season has officially started. The holiday season can bring very happy moments in your life and you should celebrate the season with family and friends. However the holiday season brings obvious expenses that can put stress into your life, especially if you haven’t budgeted for them. Below are several ways to save money during the holiday season and you can instead focus on bringing joy into your life. Make a budget: A holiday budget...

As we move toward the end of the year, there’s no better time to review your budget with an idea of making changes for the better. By focusing on the right budgeting questions, you can adjust your approach to ensure more success in 2019. While there are many questions to answer, these three are among the most important: •    Will your income remain the same in the new year? You may not know the answer just...

As I creep into my 30s (I won’t tell you my exact age!), I think it is even more important to stay on top of your personal finances. As you move into your 40s and 50s, you will likely have less flexibility, so it is really important to take some important financial strides in your 30s. Below are personal finance tips for your 30s! Please let me know if anyone else has anything to add! Pay...

For all of those lucky future parents out there, a baby is going to be a wonderful new adventure for you. Few things are as satisfying as watching your child grow up. One important thing you should consider is prioritizing your personal finances as soon as you know you are adding to your family. Below are some helpful tips people have given me to help ensure your family has a happy future.  Create a budget for...