While we’re young! Crucial retirement advice for millennials

While we’re young! Crucial retirement advice for millennials

Millennials get a bad rep for being – how shall we put this – somewhat blasé about financial planning.

Sure, some might say millennials have all the reasons in the world to temporarily neglect their finances, not the least of which how young they are. When you’re under 35, which millennials are, saving for retirement or even nearer goals (such as buying a home) can rank pretty low on the priorities next to paying off student debt, affording rent and indulging in avocado toast.

While retirement may not be around the corner for millennials, it should still be on their mind at […]

It’s worse than you think: The alarming state of Americans’ retirement savings

It’s worse than you think: The alarming state of Americans’ retirement savings

If you’ve been sitting on the fence when it comes to saving for retirement, it’s time to wake up. And no, it doesn’t matter if you’re not yet in your forties, thirties, or even 25. You need to be putting money aside for your golden years, and probably more than you thought you did.

How much does it actually cost to retire?

Life expectancy nowadays dictates that most Americans should plan for at least 20 years of retirement. It may actually be even longer: One in four seniors today will live past the age of 90, and one in 10 will live […]

Diagnose your way to positive Cash Flow

Diagnose your way to positive Cash Flow

‘Cash flow’ is such a business term. You hear about businesses going under because of ‘a cash flow problem’, but you don’t really think about your friends or family struggling with it. And why not? Cash flow is just a catchy name for the balance between incomes and expenses that make up one’s finances. For businesses and individuals, this all happens in a bank account.

The equation is intuitive, really: Spend more than you earn, and you’ll have a negative cash flow. Conversely, earn more than you spend, and enjoy a positive cash flow. The latter is where you want to […]

The science behind savings: How savings impact health, mood & success

The science behind savings: How savings impact health, mood & success

Some things feel good, but aren’t good for us. Eating dessert, browsing memes, and incessant online shopping are all great examples. Other things are actually good for us, but don’t always feel good. Exercising, cleaning and earning an academic degree, all come to mind. Few activities fall right in the middle of that elusive feel good/good for us spectrum.

Saving money is one such unicorn. Just in case that the whole concept of having financial security doesn’t resonate enough with you to make you want to save, there are actually numerous other great reasons. Solid scientific evidence points to the finding […]