Development

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Preparing Your Finances When Changing Careers

• Assessing your current financial situation and creating a budget is essential when transitioning to a new career. • Reassess your retirement plan, investigate any benefits the new employer offers, and consider efficiently rolling over 401(k) assets.  • Create an emergency fund to cover at least six months’ worth of living expenses in case of

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Backyard Business Ideas amid the Pandemic

2020 has been tough on small businesses, as the coronavirus pandemic hit. What took these small entrepreneurs years to build is gone in just a snap of a finger. Researchers surveyed 5,800 small businesses in the midst of the pandemic. They found that businesses with an average of $10,000 in expenses only has 2 weeks

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Modern Parenting: Imparting Crucial Life Skills to Children

Parenting would be easier if children came into the world with blueprints on how to raise them. There’s no shortage of frustration when it comes to “doing it right” today. TV shows and social media echo different standards on raising successful children, with many of them insisting that academics alone can’t guarantee a good future.

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Financial Planning for Couples Looking to Start a Family

Welcoming your firstborn entails making significant sacrifices in various aspects of your life. It might mean turning down jobs so that you can have more time with your child or missing out on a lot of travel and leisure opportunities so that you can have more funds for childcare. If you’re not financially ready to

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Things You Need to Know about Buying a Condo Unit

You’re probably one of those who are sold to the idea that passive income is the way to earn wealth. Now, you probably have seen people going crazy about buying condo units, and you figured this must be the way to go. And you’re right. A condo unit has a lot of earning potential. But

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