As the year draws to a close, the anticipation of a New Year’s Eve celebration brings excitement and joy. It’s a time to reflect on…
Mortgage rates spiked this week to the highest level in five months, ending the year slightly higher than where they started. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate…
The elevated inflation in recent years continued to wreak havoc on many Americans’ wallets in 2024, but the start of the new year provides a great opportunity to set new financial goals to get back on track. “As we step into 2025, the country’s financial landscape calls for proactive resolutions…
Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is basically unlimited potential for creating jobs and businesses. “The ‘fixed pie’ fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the…
Life insurance has many purposes: It can bring peace of mind, support loved ones financially and play an important role in an estate plan. But it can be confusing to know which type of policy is right for you. For some older individuals, guaranteed life can be a good choice.…
Richard Drury/ Getty Images; Illustration by Austin Courregé/Bankrate As the New Year looms, there’s a new low in home equity lending. The $30,000 HELOC (home equity line of credit) plunged nine basis points to 8.43 percent—rates we haven’t seen in about a year and a half, according to Bankrate’s national…
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Most investors will never become billionaires, but there are still some valuable lessons to be learned by examining what the richest people in the world have in common. You may be able to apply some…
