Entries by Amanda Hale

5 FAQs About Social Security

How is my Social Security Benefit Calculated? The Social Security benefit amount is calculated based on a formula that takes into account your average earnings over your working career, the age at which you start receiving benefits, and the number of credits you have earned. Here is a step-by-step guide on how your Social Security […]

Good Debt vs Bad Debt: What are the Differences?

The average American household debt has risen to a record level, and the number may surprise you. Debt plays a significant role in our financial lives. While it can be a valuable tool for financing investments and purchases, not all debt is created equal. Understanding the difference between good debt and bad debt is crucial […]

Guideline to a Successful Budget

Creating and sticking to a budget is an essential step in achieving financial stability and reaching financial goals. It allows individuals to control their spending, save money, and plan for the future. Here are some of the most effective ways to implement a budget and take control of your finances: In conclusion, budgeting is an […]

Pretax or Roth 401k Contributions? How to Decide

When it comes to saving for retirement, one of the most popular options is a 401(k) plan. One of the key decisions that individuals need to make when contributing to a 401(k) plan is whether to make Roth or pretax contributions. Both options have their own set of pros and cons, and the decision of […]

Rent vs Buy? 5 Reasons for Both

When it comes to choosing a place to live, deciding whether to buy or rent a home is one of the biggest decisions you’ll ever make. The choice will impact your lifestyle, your financial well-being and also affects your future. In this guide, we’ll break down the pros and cons of buying vs renting a […]


The Federal Reserve has been aggressively raising interest rates to curb inflation, which continues to grow. In July, the Fed raised interest rates by another 75 basis points after doing the same thing in June. This demonstrates their commitment to reigning inflation in and ensuring it does not get out of control. The rising interest […]