Saving money can feel tough, especially when you’re strapped for cash, but the long-term rewards are definitely worth it. A solid savings fund can protect you against economic downturns or sudden emergencies. Let’s look at some simple saving strategies that can help you reach your financial goals. Why do we need a saving strategy? Here…
As you approach retirement, it’s really important to understand Medicare thoroughly. A lot of financial advisors tend to overlook Medicare since it doesn’t directly contribute to your retirement income. However, at J.A. Lawrence Wealth Management, we believe that knowing all about your expenses, including healthcare, is vital for a successful retirement plan. So, diving deep…
As an English graduate, I ended up with a huge collection of classic literature. Selling them back to the school bookstore for a decent price was out of the question since they offered very little compared to what I had originally paid. Letting them sit idle didn’t feel right either, so I often wondered if…
There are tons of rewards credit cards out there, each with different benefits, reward rates, and rules on how you can earn or redeem those rewards. Picking the right one is crucial because you don’t want to miss out on benefits or extra cash. Here are our top 10 rewards cards. 1. **Chase Sapphire Preferred…
Credit card debt can be a huge burden, primarily because of high interest rates and limited payment options, which can cause a lot of financial stress. However, with smart strategies and a proactive approach, you can get rid of your credit card debt within a year. Even though the year is partway through, it’s still…
Health insurance is a major expense that not everyone can afford. While keeping yourself healthy is priceless, many people in the U.S. find the high monthly premiums to be too much. The Affordable Care Act helps by offering subsidies to those whose incomes meet certain guidelines, reducing their insurance costs. But if you earn above…
Many of us strive to practice self-care regularly, but it’s important to understand what it truly means for each of us. Self-care can sometimes mean taking a break and relaxing, while at other times, it might involve doing some deep introspection. No matter how you define it, you likely already know that self-care requires some…
A Home Equity Line of Credit (HELOC) lets homeowners tap into their home equity by turning it into a line of credit. Think of it as a second mortgage that sits behind your primary one. Unsure whether to go for a HELOC or a home equity loan? Let’s break down both options to help you…
A credit card can be really helpful when you need to make purchases, plus many come with rewards programs that offer cash back or free goodies. With the right rewards, you might even score free travel or get occasional checks. However, be careful with these rewards, as they could lead to financial problems down the…
In recent years, major advances in gene identification and genetic testing have added a new layer to how life insurance policies are underwritten. The big question is whether genetic test data can accurately predict a person’s mortality risk when they apply for life insurance and what this means for the industry. Right now, there are…