Author: Roman Magdich

The Four Levels of Financial Health: Where Do You Stand?

The Four Levels of Financial Health: Where Do You Stand?

Did you know that 57% of American adults are struggling financially? Unfortunately, in today’s society, that number doesn’t come as a shock to most of us. However, something else may come as a surprise. While over half of American adults are facing financial issues, they are all facing them in different ways. Indeed, there are four “levels” or “sections” of struggling financial health: the financially striving, the financially tenuous, the financially unengaged, and the financially at-risk.

Each of these “sections” present a different level of financial stress. Yet, each one also exhibits a problem with financial planning, preparation, and execution. For this reason, we are going to take a closer look at each group individually.

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Six Common Emergency Expenses: How to Prepare

Six Common Emergency Expenses: How to Prepare

If you’ve ever had to build a budget before, you know how difficult it can be to prepare for everything that might come your way. This is especially true if you’re trying to budget for a family. While specialists argue that most of the items listed below aren’t truly “unexpected”, most American households are unable to prepare for them in the current financial climate.

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