Let’s get right to the point. Mondays suck. Often, Mondays are the least favorite day of the week. — Why? Sometimes it’s hard to get back into the swing of things after a relaxing weekend. Additionally, Zety research shows that people dislike Mondays because of the following reasons: The day of the week with the most workload The day is packed with meetings. Not feeling motivated or productive. Their…

As people are increasingly looking to retire early and live off their investments, the FIRE movement has gained popularity in recent years. In spite of this, the FIRE method is not for everyone. In fact, there are many reasons why the FIRE movement method doesn’t work. — An introduction to the FIRE movement. A prior Due article explained that FIRE stands for Financial Independence Retire Early. This concept combines extreme frugality, savings, and investment.

Frugality is not a dirty word, even though it’s gotten a bad rap. Why? There is a misconception that being frugal means being cheap. However, that’s not really true. — Rather, a frugal person keeps an eye on their spending and does not take on more debt than is necessary. In fact, this is a trait many millionaires possess. According to Thomas Corley, who studied rich people’s habits for five years, wealth is built by avoiding lifestyle creep and focusing…

Did you know that teenagers between 15 and 19 constitute up to 18% of all summertime hirings? While that may sound absolutely insane, there are even more youngsters who would instead like to kickstart their own business instead of working for someone else. As per a 2022 report by CNBC, more than 60% of US teens aged between 13 and 17 are more interested in entrepreneurship than a 9 to 5 job. — While social media influencers and celebrities inspire these teens to turn to entrepreneurship, many of them, in fact, pick part-time businesses along with their studies. Want to earn an extra $500, here are a few places to get started.

There is no greater personal finance goal than financial independence. After all, quitting your job, traveling the world, and living as you please is what many people dream of. — But, here’s the reality. In the United States, young adults are taking longer to achieve economic independence from their parents and live on their own — according to a Pew Research Center analysis. In 2021, fewer adults under 21 held full-time jobs, were financially independent, lived alone, or were married.

Nowadays, it’s impossible to avoid influencers. You’ll find them on TikTok, YouTube, and even your own inbox. There’s no shortage of advice they’d be happy to give you on everything from fashion to fitness to finance. In fact, nearly 80% of American adults aged 18 to 41 have sought financial advice from social media, according to a Forbes Advisor and Prolific survey. — However, should you rely on influencers for financial advice?

There is no doubt that we have a credit card problem. A survey by GoBankRates found that 30% of Americans have debt up to $5,000 on their credit cards, 15% have debt that is over $5,000, and about 6% have debt that is over $10,000. This may seem like a small amount, but based on the survey results, over 14 million Americans have debts of over $10,000. — In addition, 15% of Americans are in credit card debt for over 15 years. Also, nearly half of all Americans have added more credit card debt since March 2020. …

You’re probably bracing up for your college life, eyeing a larger social circle and more freedom! While college education delivers its perks in terms of better placements, higher salary slabs, and faster promotion, quality education comes with a hefty price tag! Like many other high schoolers nearing their college life…

I want to ask you a personal question. When was the last time you thought about your retirement? — I’m not trying to put you on the spot or embarrass you. And, I’m certainly not trying to wig you out. But, in reality, we’re experiencing a retirement crisis. Before you assume that I’m exaggerating here, the Federal Reserve report found that around 38% of people between the ages of…