In this book, she answers the most pressing questions that crop up when money suddenly becomes scarce, like: What bills need to be paid first?When is it right to dip into savings?What are the best ways to cut b
When a market decline hits, your results may vary — and perhaps for the better — if you’ve invested money across different baskets of asset classes like stocks and bonds. Diversifying, or distributing your money across investments, is key to reducing investment risk and smoothing the ride th...
"This increase is certainly going to stall the recent mortgage rate improvements, and with inflation due to stay above 3% for the rest of the year it may be too much to expect further base rate cuts in 2025. And that's why mortgage rates will edge upwards in the...
We understand that sometimes events happen that are beyond your control. When financial hardship hits or unexpected expenses leave you short at the end of the month, you may have difficulty paying your bills on time. Despite this situation, there are steps you can take to reduce the impac...
The crisis began when the bank issued a press release to say it wanted to raise cash—a statement Fast Company labeled“the press release from hell”. It had the opposite effect and customers rushed to the bank to take out their money. By the time SVB spoke out that afternoon, it was ...
Keep enough cash in your emergency fund to cover unforeseen expenses so that you don’t have to sell your investments when you need money fast. Consult with a financial advisor or a certified financial planner to strategize your next moves. Consider investing in funds that offer portfolio diversi...
“The ramifications on the average American if the U.S. government hits the debt ceiling is that we would no longer be able to borrow money and continue our current level of government spending. Entitlement programs like Social Security andMedicaremay be on the chopping block,...
The financial crisis and recession of 2008 were caused primarily by an imbalance in which banks lent more money to homebuyers than the borrowers could ultimately afford to pay back. As long as housing prices continued to rise, the imbalance was not a problem. But when housing prices started to...
Empowering Parents caught up with Peggy Moss, a nationally known expert on bullying and a tireless advocate for the prevention of hate violence, to discuss bullying and what parents can do when they suspect their child is being bullied. And what they can do—together—to try to stop it....
Losing the home:When a home is underwater, you are at a higher risk offoreclosureif the payments become too much for you. What to do if you’re underwater on your mortgage If you find yourself underwater on your mortgage, you’ve got several options to consider. ...