One of the scariest things financially is relying completely on the next paycheck to pay for food, shelter, and utilities. However, 4 out of 5 Americans live paycheck to paycheck. This was highlighted by the government shutdown in the United States at the start of this year. Since many people were living without a safety margin, they were forced to immediately go into debt for basic needs. Of course, this isn't ideal and it's not a situation that anyone plans on. To get out of this paycheck to paycheck cycle, it helps to build a little bit of a safety margin into our monthly expenses. For instance, if we make…
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How Women Can Manage Money and Save for Retirement to Enjoy a Secure Life
This is a guest post written by Nelly, who writes at My Way of Viewing about topics that deal with personal finance. Thanks, Nelly, for sharing this topic with us! To get in touch with her, please visit her blog. It is a proven fact that women are still lagging behind on saving for retirement and a secure financial life. The average retirement savings of women are much lower than that of men. As per a report published in “Workplace Benefits Report”, more than 70% of women are worried about their retirement savings, whereas only about 58% of men are worried about their retirement. Let us discuss how women should…
