Ever thought about making passive money? That is, having an income that doesn’t require active work? Well, then this article is just for you. Passive income has become an increasingly popular topic among people seeking financial independence and flexibility. In 2023, keeping pace with the evolving passive income landscape and identifying the most promising ways to generate revenue is
When we think about long-term family financial planning, there are two main areas we tend to focus on: investment, and insurance. Usually that means stocks and bonds, or life and long-term care insurance. But there’s something else we want to take a closer look at: Annuities. With this article we’ll introduce you to them, explaining what annuities are and whether
Food inflation is keeping Europe on its toes. Food prices in the EU have been rising and rising – faster than inflation in general. In May 2023, core inflation reached 6.13%, while food prices were up 15.4% compared to May 2022.  This is partly due to Russia’s war on Ukraine, which is driving up energy and transport costs. Since
As a college student, you’re on the threshold of an exciting journey filled with opportunities and possibilities. While academics and career preparations may dominate your thoughts, it’s essential not to overlook the importance of investing in your financial future. Though investing might seem intimidating or something to consider in the distant future, the truth is that starting early can
Stocks – one of the most popular and widely discussed investment opportunities in the world. If you are new to the world of investing, you might have heard the term “stock” but may not know exactly what it means or how it works. Simply put, stocks represent ownership in a company, and buying stocks means buying a piece of
First, yes buying insurance is important. Nobody likes to think about things going wrong. But as Mike Tyson famously said: “everybody has a plan before getting punched in the face.” The real question in life isn’t whether things will ever go wrong, but what will happen when things inevitably do. Buying insurance is one of those facts of life,
The Covid-19 pandemic was a strange time for the stock market. You probably heard about it.  Maybe you even bought a few stocks yourself. The years since lockdowns sequestered billions of people in their homes with little else to do has seen a massive boom in interest in passive income and investing strategy. “Meme stocks” and the online forums
Despite numerous rate hikes by the Fed and various national banks around the world, inflation is still projected to run at nearly double the rate that the US Congressional Budget Office (CBO) predicted a year ago, with current predictions suggesting that it will amount to about 4% for the year. So how can you save during inflation? While it’s significantly
Retirement planning can be daunting, but it’s a necessary step towards financial security in your golden years. With the right plan in place, you can enjoy your retirement years without worrying about running out of money. In this article, we’ll discuss what retirement planning is, why it’s important, and we’ll provide you with a step-by-step guide to help you
Saving money while shopping? That sounds too good to be true. But there is a way to get money back on your purchases: Cashback.  Cashbacks are a marketing tool that is becoming increasingly popular and offers benefits for both consumers and retailers. But how does cashback actually work and is it really worth it?  In this article, we’ll explain
The advent of ChatGPT and its many competitors certainly puts younger workers in mind of automation and its effect on their careers in the near future. In 2023, it’s unclear to most people under 40 how automation is going to affect their jobs going forward. Today we’re going to give you a brief overview of the most important short
Finally traveling again. After three years of COVID-19, it’s possible to go on vacation this season. Financial experts reveal their tricks to keep it affordable.  Here’s How to Save on Vacation in 2023  It’s spring 2023, and high time to plan – and finance – this year’s vacation. Unfortunately, though, now that the Covid 19 pandemic is under control,
Today may well feel like one of the worst times imaginable to buy a home. Indeed, interest rates are the highest they’ve been in decades, and the prices of homes in most developed regions are out of reach even for the average middle class buyer. That’s why millions of people are currently struggling to find an affordable property and wondering
Debt is a reality for many of us. While it can be a useful tool for achieving important financial milestones like owning a home or completing a college education, it can also be a significant source of stress and worry. Especially in times of inflation, when prices for daily necessities are sky high and financial insecurity is severe. If you
The year 2022 was a year of staggering financial uncertainty. Inflation reached record highs, and fears of recession, i.e., a decline in economic growth and resulting job losses, leaves consumers wondering when will prices go down. In January this year, record levels of inflation continued to batter consumers, as everything from food to rent to energy continued to climb.

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