Personal Finance

How much cash should you have in your rainy day fund?

How much cash should you have in your rainy day fund?

It is a first principle of financial planning that everyone needs an emergency fund. The idea is that investors should always have enough money to cover three to six months of regular outgoings in an easy to access account. Just in case the car dies, or a family member loses a job or gets sick.

The Biggest Financial Hurdles Young People Face

The Biggest Financial Hurdles Young People Face

You’ve probably relied on your parents to manage your financial matters for years… Then you graduate from college, and suddenly you’re responsible for all kinds of important financial decisions. Learning to manage your money is about overcoming four big hurdles. But just because these tasks may be challenging doesn’t mean you can’t take them on.

Where’s the Recession We Were Promised?

Where’s the Recession We Were Promised?

The 2023 recession is missing in action. At the end of last year, economists were more convinced than they’ve ever been that recession was on the way, but it refused to arrive. Now investors, economists and Federal Reserve policy makers are giving up on the idea, expecting the economy to be (a bit) stronger and stock prices and bond yields to be higher.

More Ways to Clean Your Finances

More Ways to Clean Your Finances

With tax season in the rear view mirror, it’s a great time to give your finances a once-over. You’ve already gone through all your paperwork, you have a pretty clear picture of your money situation, and you’ve got a little time now that you’re no longer digging around for that lost W2.