Five Financial Mistakes People Make in Their 20s
When it comes to your twenties, many people feel like it's the best time of their lives: there’s new freedom, exciting adventures, shifting priorities, and maybe even some new fears.
You might start to notice all those responsibilities piling up, especially when it comes to managing money.
And it’s funny how such an essential topic is often overlooked in school; it’s something you have to learn on your own.
But here’s the thing, you’re still learning, and that’s okay!
3 Timeless Lessons from The Richest Man in Babylon
You don’t need to be born with a silver spoon to learn how to build a fortune.
All it takes is understanding the key lessons in building wealth.
When archaeologists uncovered ancient clay tablets, they discovered stories that dated thousands of years ago.
One in particular was the tale of Dabasir, a camel trader who spent recklessly, racked up huge debts, and ended up being sold into slavery.
But what he did next to free himself changed everything…
3 Key Strategies For Paying Less Taxes In Brooklyn
Meet Bob and Kat Miller, a happy couple in their 50s who believed their retirement plan was well sorted.
For years, they felt safe and set for the future. Until a conversation with their tax advisor left them stunned.
They came to realize the U.S. national debt is at record highs, and the government has made too many promises without setting aside sufficient funds.
As more retirees draw benefits and fewer workers pay into the system, the government will require substantial cash infusions to fulfill its promises (Social Security, Medicare, and Medicaid).
These "unfunded obligations" are projected to cost trillions of dollars in the coming decades.
Financial Literacy Concepts You Need To Know In 2025
Have you ever scrolled through social media to find your friends and family posting about their perfect lives, upgrading their lifestyles, buying new homes and cars, indulging in luxury, and traveling the world?
Meanwhile, you sit on your couch, pondering where all your hard-earned money goes.
Each time you receive your paycheck, you finally feel a sense of relief. But then reality sets in, and the responsibilities hit hard: rent is due, groceries need to be bought, gas is required, loans are to be paid, and don’t forget that birthday gift for a friend.
It often feels like you’re falling behind, but don’t let that scare you.
“You’re not the only one who feels this way.”