A debt-free life, what would that be like and how do you achieve it? Living debt-free is a life that is stress-free. A stress-free life is something that you can become comfortable with. Once you achieve such a goal, you will never go back. Detailed below is how you can achieve a debt-free life. LIVE ON LESS THAN YOU MAKE This tip sounds simple, but it is not for many people. Most want to keep up with the Joneses. Trust me, the Joneses are not having fun. They are actually broke! If … [Read more...] about Nine Strategies for a Debt-Free Life
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Arizona Leads Nation In Personal Income Growth
Personal income in Arizona rose last year at a rate faster than nearly any state in the country, according to new estimates from the Bureau of Economic Analysis. With a personal income growth rate of 8.4%, Arizona tied with Montana for the fastest rate of growth in personal income in 2020. “Throughout the pandemic, we’ve sought to stretch and strengthen the social safety net to protect people out of work due to no fault of their own,” said Governor Doug Ducey. “We’ve also adopted a … [Read more...] about Arizona Leads Nation In Personal Income Growth
1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling Over $100 Billion
The U.S. Small Business Administration has already forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, providing an extraordinary amount of critical relief to America’s small businesses just 3 months since the earliest PPP borrowers’ covered periods ended. “Today’s news is a key indicator that the PPP is working for all small businesses across our Nation,” said SBA Administrator Jovita Carranza. “For any eligible small business continuing to … [Read more...] about 1.1 Million Paycheck Protection Program Loans Forgiven So Far Totaling Over $100 Billion
New Report: Arizona Ranks Third For Economic Momentum
Arizona is ranked third best in the nation for economic momentum, based on a new report by State Policy Reports. The report ranks states’ economic momentum based on growth in personal income, employment and population. Arizona ranked in the top four for employment growth and population growth. Arizona is tied for third with Montana. “Arizona’s economy was one of the hottest in the nation going into the pandemic,” said Governor Ducey. “As we follow commonsense guidance to keep people safe and … [Read more...] about New Report: Arizona Ranks Third For Economic Momentum
Creating a Budget: Ten Easy Steps
G et out of debt, build wealth for your retirement, fund the kids’ college, live a life without financial worries. Creating a budget is a best practice of millionaires. A personal budget is one of the most essential tools needed to create financial independence. A budget is simply a plan. A financial plan. Why don’t you have one? This is the foundation, the most essential building block. You would not build a house without a solid foundation. You should not plan your financial … [Read more...] about Creating a Budget: Ten Easy Steps
Yavapai County Leads Arizona in Financial Health
Experts say there is more to financial health than simply how much income individuals generate in a given year. It has a lot to do with where you live and your neighbors. SmartAssets, a personal finance company based in New York, did a survey on Arizona counties and discovered Yavapai County came out on top. Rank County Debt as % of Income Bankruptcies Poverty Rate Unemployment Rate Financial Health Index 1 Yavapai, … [Read more...] about Yavapai County Leads Arizona in Financial Health
What Should I Do With My Money?
January is supposed to be the month of positivity and renewal, but 2016 began with one of the worst months the stock market has ever experienced. While everyone is hoping the market finds a bottom and recovers soon, uncertain investors are asking, "What should I do with my money?" Before we start exploring answers to that question, remember all markets are cyclical and asset cycles don’t tend to mirror each other. As one asset class peaks, there is usually another one crashing, one starting … [Read more...] about What Should I Do With My Money?