The Importance of Retirement as a Young Professional

The Importance of Retirement as a Young Professional

As a young professional, chances are you aren’t thinking too far into the future beyond next quarter’s sales figures or your next promotion. It’s hard to imagine a time when you won’t be young and healthy, even though logic tells you that one day it will be your reality. Planning/not planning for retirement is something that literally could be a matter of life and death someday. 

The 50/30/20 Budgeting Rule

The 50/30/20 Budgeting Rule

Budgeting one’s personal finances is a skill that will help you throughout your entire life, from being a college student all the way into retirement. There are many floorplans and guides about the proper way to portion money if you want to achieve certain short- and long-term savings goals, but the general rule is to follow a 50/30/20 allowance. 

Ways to Protect Yourself Financially

Ways to Protect Yourself Financially

There is a lot of hair-raising information these days about the stock market and the looming possibility of a recession. The global virus is mostly to blame, having thrown a massive wrench in the hospitality industry. Many other businesses are suffering as well. There is a very good possibility that people will be working from home more frequently. Not only will this affect your personal spending if you have a set budget, but there are cautionary measures you must consider that you might never have had to worry about before. 

Cutting Unnecessary Expenses

Cutting Unnecessary Expenses

One of the biggest obstacles in managing your personal finances is figuring out how much to spend. Before you even begin budgeting, it's essential to take a look at your assets and decide how much you do have. Cutting expenses before you make your budget gives you a...

Budgeting for Young Adults

Budgeting for Young Adults

As a young adult, budgeting can be a difficult task. Different financial advice that can come from a plethora of avenues can add to the confusion. When you begin your budget, sometimes simple is better and less is more. Here are some simple tips to budget.  ...

The Inside Scoop on Student Loans

The Inside Scoop on Student Loans

There are several things you need to know regarding student loans before starting school. It would help to know these things before you apply for the student loan. That way, there will be no nasty surprises while you are getting your degree. The first thing is...

Nicholas Fainlight Online

To learn more about Nick, please visit any of the following websites:

Nicholas Fainlight's Official Website

Nicholas Fainlight's Sports & Fitness Blog

Nicholas Fainlight on Twitter