Millennials today have undeniably made history by being the only group with the most student loan debt. An analysis by New America found that consumers who are under 34 years owed at least a combined total of over $620 billion in mid-2019. The numbers do not stop at that, between 2009 and 2019, records show that student loan debt increased 113%, reaching $1.4 trillion. This highlights how bad the student debt crisis is for the […]
Saving is a financial goal as old as time itself. When we were kids, our parents would always encourage us to save in order to buy our bikes. Today, we face the same practice, saving to buy a home, a car, or for retirement. Financial goals simply represent the financial priorities that are most important to us. These priorities may be long-term or short-term and may involve large sums of money. Therefore, it is important […]
Many people just know that a credit score is just a number, but they really do not know what that number really means. Credit scores play a crucial role in a consumer’s financial health. Many financial institutions use these credit scores generated by credit scoring companies like VantageScore along with other major and minor financial information to make a decision on whether to deny or approve a consumer for a loan and what terms to […]
Financial stress causes psychological issues and more often than not, it stems from being in debt, or not having enough cash inflows to sustain your family and so many other things. It has been proven that reducing financial stress gives you time to think about other areas of your life. Thus, in this blog, we look at the strategies that you can adopt today and reclaim your life from financial trauma. Have a Financial Plan […]
How To Start A Business: Research Stage In the first article of this series, we looked at how to fine-tune your business idea to match up the needs of your target audience. We also delved deeper into how as an entrepreneur you can identify the market gaps that will inform your business idea and how to take advantage of the information around you and turn it to your good. In this article, we will look […]
