The Reality of Rising College Costs Versus Retirement Needs The Reality of Rising College Costs Versus Retirement Needs (image credits: pixabay) College tuition has increased by 169% since 1980, far outpacing inflation and wage growth, according to the National Center for Education Statistics. Meanwhile, retirement savings remain critically low, with the Federal Reserve reporting that ...
The Starting Line: Different Economic Landscapes The Starting Line: Different Economic Landscapes (image credits: unsplash) Gen Z entered the workforce during one of the most turbulent economic periods in recent history, facing the COVID-19 pandemic just as many were beginning their careers. Unlike millennials who experienced the 2008 financial crisis during their early career years, ...
Home Office Deduction Beyond the Simplified Method Home Office Deduction Beyond the Simplified Method (image credits: unsplash) Most taxpayers stick to the simplified home office deduction of $5 per square foot up to 300 square feet, but this caps your deduction at just $1,500. The actual expense method often yields much higher savings, especially with ...
Basic Allocation of Income Basic Allocation of Income (image credits: flickr) The 50/30/20 rule is a practical approach to managing your finances by dividing your after-tax income into three distinct categories. First, 50% of your income should be allocated to necessities. These are essential expenses like housing, utilities, groceries, and transportation. These are the things ...
You Need to Carry a Balance to Build Credit You Need to Carry a Balance to Build Credit (image credits: pixabay) This is perhaps the most expensive myth floating around social media. Paying off your credit cards in full every month is the best way to improve a credit score or maintain a good one. ...
You Need to Carry a Balance to Build Credit You Need to Carry a Balance to Build Credit (image credits: pixabay) This is perhaps the most expensive myth floating around social media. Paying off your credit cards in full every month is the best way to improve a credit score or maintain a good one. ...
The Harsh Reality of America’s Debt Crisis The Harsh Reality of America’s Debt Crisis (image credits: unsplash) Did you know that the national average card debt among cardholders with unpaid balances in Q1 2025 was $7,321, up 5.8% from $6,921 in Q1 2024? That’s just the tip of the iceberg. The Federal Reserve’s G.19 consumer ...
Why Traditional Emergency Advice Falls Short Why Traditional Emergency Advice Falls Short (image credits: unsplash) Here’s the shocking truth most financial gurus won’t tell you: Nearly 40% of Americans aren’t prepared to handle a $400 emergency expense. Even worse, 42% of Americans don’t have an emergency fund at all, while 59% of Americans wouldn’t cover ...
Acorns: The Automatic Spare Change Investor Acorns: The Automatic Spare Change Investor (image credits: pixabay) You know that loose change jangling around in your pocket? What if I told you it could grow into thousands of dollars without you even thinking about it? Acorns reported over $8.20 billion in assets under management across a user ...
Zero-Based Budgeting Zero-Based Budgeting (image credits: unsplash) Zero-based budgeting stands out as a favorite among financial planners because it requires you to give every dollar a specific job. Instead of letting money disappear into the void, this method makes you account for every cent—right down to the last dollar. Remarkably, a 2024 survey by the ...
Matthias Binder, M.Sc. Financial Engineering
Axel Wellington, B.Sc. Economic Policy
Jack Smith, B.Sc. Economics