Money Tips Network

If you're looking for cheap things to do over the summer season, consider a visit to one of our amazing national parks.

It's right about the halfway point of the year, and if you've been keeping up with your financial goals, you should be seeing good progress. However, if you've let things slide a little, there's still time to get back on track.

How are your financial goals coming along?

Lately, women hear a lot about gaps: how to combat the gender pay gap, how to avoid a resumé gap when you take time off to raise children, whether or not a thigh gap matters (it doesn’t).

One “gap” that isn’t discussed enough is the gender investing gap.

Women Are Less Likely to Invest Than Men, and That’s a Problem.

According to Ellevest, an investment platform created by women for women, “of all the assets controlled by women, 71% is in cash – aka not invested.” Statistically, women are less likely to invest, and even those who do invest tend to wait until they are older to start.

As a generation that famously came of age amid postwar prosperity, baby boomers experienced a level of wealth and opportunity largely unheard of by their parents or grandparents.

All of that wealth, however, has not necessarily translated into being financially prepared for retirement.

According to research from Legg Mason, the average baby boomer has saved less than half of the $658,000 they think they’ll need to comfortably transition out of the workforce. The survey of 900 investors found that the average amount boomers have in employer sponsored retirement plans is $263,000. Older boomers, those 65 to 74, have an average of $300,000.

Summer heat is already in full effect, and you might already be sweating the bills that comes with keeping the house cool. While you want to save the most money possible this season, sometimes you have to invest money to save money in the long run.

As you glance into the future, do you see a life of endless work stretching out in front of you? If so, you're not alone. An increasing number of people are wondering how they'll ever be able to retire.

But maybe things aren't as bad as they seem.

Theoretically, a zombie apocalypse (or another, more likely doomsday event) could be a great equalizer. When the dead are walking in search of fresh brains, billionaires and burger-flippers alike will be boarding up windows and pushing heavy furniture against doors.

Investing in real estate can be a smart move, but that doesn’t mean this wealth-building strategy is attainable for everyone. You usually need at least 20% to put down on an investment property and saving that much money can be a tough task for almost anyone – especially in this real estate market. But, what […]

The post Should You Buy a Duplex, Rent Out One Unit, and Live in the Other? appeared first on The Simple Dollar.

I was lucky in that, late in my collegiate life and early in my professional life, I had a few mentors that gave me some amazing career advice that helped me to find a great job during the 2002 recession, springboard that to an even better job, and set myself up for a lifelong career path in that field (I chose to change career paths for other reasons unrelated to their great mentorship).

Two of their main pieces of advice were to be humble and give credit to others as much as possible while, at the same time, make sure people know what you’re working on.

At first glance, those two things might seem in opposition to each other, but they’re really not. You can manage to be humble and give lots of credit while, at the same time, ensuring that the people who need to know have knowledge of the things you’re doing and producing in the workplace.