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Rich Mindset vs. Poor Mindset: 13 Secrets of the Millionaire Mind

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These are the massive differences between a rich mindset and a poor mindset.

Different characteristics can determine your wealth. Some studies have revealed how wealthy people think differently. If you’re interested in becoming rich there are things you can do to reach that goal.

While these differences don’t describe everyone in the two groups, they are correct often enough to merit attention. Whether or not you’re born wealthy, you can improve your income by changing how you think. [Read more…] about Rich Mindset vs. Poor Mindset: 13 Secrets of the Millionaire Mind

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How to Lower Your Credit Card Interest Rate During COVID-19

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The coronavirus has had a tremendous effect on the economy, with unemployment claims skyrocketing to 26.5 million in a few short weeks. Under the circumstances, you may be in desperate need of money and resorting to credit cards to help you get the bills paid.

Unfortunately, your financial health could take a destructive blow due to the “snowballing” nature of high-interest credit card rates. Sky high rates of 15, 20 and 25 percent can become a treacherous impediment to your financial future.

Thankfully, with lockdowns underway worldwide, credit card companies are being more flexible than ever before with borrowers. [Read more…] about How to Lower Your Credit Card Interest Rate During COVID-19

ETF vs. Index Fund: The Difference Between ETF and Index Fund in Detail

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Over 50% of Americans now own stock, which is a big jump up from 50 years ago. ETFs and index funds make investing more accessible to the average person than ever before.

But what are these things exactly, and how can you use them?

When you start investing, you need to understand the difference between ETF and index fund investing. Here’s exactly what each of them is, why it matters, and how you can start investing today. [Read more…] about ETF vs. Index Fund: The Difference Between ETF and Index Fund in Detail

Budgeting 101: 7 Budgeting Skills Everyone Should Have

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While budgeting skills will be key to getting through financial losses caused by the Coronavirus pandemic, thirty-three percent of Americans admit that they have no budget whatsoever. Of those under the age of 22, only 50% use a budget at all.

Additionally, if we were to look at that figure more critically, we could ask what people even count as a budget.

Is it loosely keeping track of money? Is it having a set amount of money to spend each month or week and trying not to go over? Instead of going into definitions, let’s talk actionable budgeting skills you can implement today. [Read more…] about Budgeting 101: 7 Budgeting Skills Everyone Should Have

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How to File for Unemployment Benefits During COVID-19

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With Coronavirus induced lockdowns, closures and quarantines sweeping the globe, millions of people are suddenly trying to navigate the murky path of how to file for unemployment benefits. If this is you, you’re in good company.

Approximately 30 million people have filed for unemployment benefits since the Coronavirus lockdowns struck in March 2020. That is more than three times as many as the 8.7 million people who sought unemployment benefits during the entire Great Recession. Even when adjusting for population growth, the numbers are extremely concerning.

The record number of unemployment claims is due to companies having to shut down in the wake to the COVID-19 pandemic. If you’ve suddenly found yourself unemployed or furloughed, the entire process can be confusing and you might not know how to file for unemployment.

Here’s a deep dive into how to file for unemployment and other pertinent facts surrounding the benefits you should know about. [Read more…] about How to File for Unemployment Benefits During COVID-19

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