For the first time years, the Federal Reserve raised interest rates in December 2015. The interest rate hike wasn’t very big, and rates remain near historic lows. However, this move is considered the first interest rate hike in a series of interest rate hikes. While the Fed will likely take a long-term approach and raise […]
Many of us make resolutions every new year. Typically about getting a new job, eating healthier, or spending more time with family. They are focused around bettering every aspects of our lives and one that is particularly important is our finances. The new year is a perfect time to reassess our financial situation and set […]
For the last few years, many people have been treating the month of November — the proverbial calm before the storm of holiday spending — as a time to drastically cut unnecessary spending. I tend to shun fad diets, the latest fashions, and have no clue what’s trending on Twitter, but this trend might actually […]
The intersection of the Great Recession, Financial Crisis of 2008 and the rise of technology is producing a number of interesting new developments. The ways we work and play are changing, and the way we interact with money is changing as well. Millennials, for instance, are taking the lessons learned from recent financial difficulties and […]
Not too long ago Bankrate.com released the results of a survey indicating that a large number of adults are delaying “traditional” life and financial milestones because of their student debt. According to the survey, 56 percent of millennials with current or past student loans have delayed life events because of student debt, while 43 percent of […]
The Federal Reserve Board announced last week that they would not be raising interest rates. All eyes seem to be on them when they meet to discuss the economy and what to do about interest rates, so it must be important. After all, the announcement sent stock soaring (though only briefly). But what interest rate […]
