Time is money. Time is precious. Time is everything. Most importantly, it’s at a premium now more than ever. While our modern society has made life simpler in some regards, we’re also flooded with information and more things to do than perhaps ever before. Fortunately, there’s always somebody thinking about how to make things better, and new tools are always coming out. Here are four tools that will help you get your to-do list taken care of and save you some time.
Living paycheck to paycheck is a stressful lifestyle, and unfortunately, it’s also a common one. A recent study by Magnify Money discovered that over 56% of Americans have less than $1,000 in both their checking and savings accounts.
This statistic is alarming because we all know that one stroke of bad luck, whether it be a car accident or a broken kitchen appliance, can quickly wipe out at least that amount, if not much more.
In these situations, many people resort to charging credit cards, either for basic living expenses or one-time emergencies because they can’t afford to set money aside for savings.
But it doesn’t have to be that way. Follow these steps to create a financial buffer that will help you plan for emergencies, get out of debt, and start setting financial goals you’ll actually look forward to.
Financial literacy is a skill that’s often honed and improved with time, not something that necessarily comes naturally to those just embarking on their careers.
In fact, research from the National Endowment for Financial Education and George Washington University found that only 24% of 23 to 35-year-olds showed basic financial literacy and a mere 8% showed a high level of financial knowledge.