Financial Information
Retirement Calculator
To get an understanding of how much money you will need to save and invest over your life to achieve the amount of money you want to have when you retire use this investment calculator.
Roth IRA – A Retirement and an Emergency Savings Fund
What better way to kill two birds with one stone – save for retirement and save for an emergency. Unlike other retirement accounts a Roth IRA has a key advantage others do not – THE EARNINGS ARE TAX FREE! A second advantage that most people do not recognize is that a Roth IRA can be […]
Best High Yield Savings Accounts Rates
For those who want to have immediate access to their cash, are risk averse and want to earn a decent interest rate then one of these high yield savings accounts may be right for you.
Best Certificate of Deposit Rates
For those who do not need immediate access to their cash, but can access it if it is needed, are risk averse and want to earn a higher interest rate than a high yield savings account presents then one of these Certificates of Deposit may be right for you.
Mortgage Calculator
To determine how much house you can afford, use this mortgage calculator to understand how much a monthly mortgage payment will be, the annual principal and interest payments by year, and total interest paid over the life of the loan. Also, see how by making bi-weekly payments instead of a monthly payment will shorten the lengthen of the loan payment period and total interest paid (note – making bi-weekly payments is equivalent to making 13 monthly payments vs a normal 12 monthly payments).
Best Mortgage Rates
Current Mortgage and Refinance Rates
Free Annual Credit Reports
Because your credit is a major key to having financial freedom it is wise to check your credit at least once a year to make sure that everything looks correct. Annual Credit Report.com is the only source for free credit reports authorized by Federal Law. Federal Law allows you to get a free copy of your credit report every 12 months from each credit reporting company.
Credit Agencies
With your credit and FICO scores being vitally important to your ability to generate wealth below are the three credit agencies where you can get your credit report and FICO scores along with other various services provided by these agencies.
Best Cash Back Rewards Credit Card:
While there are many cash back rewards cards, we feel that the overall best card is the Capital One Savor One Cash Rewards card. This card does not charge an annual fee and has unlimited rewards of 3% for dining out, entertainment, streaming services & groceries, and 1% on everything else. Therefore, you are never capped on the amount you can earn. However, since people have differing spending priorities as some eat out a lot, some buy a lot of groceries, some spend a lot on gas, etc… a card that is more tailored to your spending habits may be better, which Card Ratings has a list of.
61% of Americans Are Living Paycheck to Paycheck:
With no break in sight for rising prices, nearly two-thirds of all Americans are living paycheck to paycheck, which includes 36% of people making $250,000 or more!
Nearly 75% of Millennials Are More Than $100,000 in Debt, Most not from Mortgage debt:
Over 70 percent of millennials have some form of non-mortgage debt with the average millennial owing $117,000. With that being said the bulk of millennials, 63 percent, believe that they can pay it off over the next one to five years, WHICH IS DELUSIONAL being the report also found that millennials on average spend 47 percent of their gross monthly income on housing each month.
