Compound interest is one of the most powerful ways to build wealth. See this infographic to learn how compound interest works and how it can help you grow a million-dollar portfolio over time.

What is Compound Interest?

Simply put, it’s earning interest on interest.

Your portfolio may be designed to give you the best chance of achieving your financial goals. Unfortunately, the market doesn’t care about your risk tolerance or your goals.

The holiday season is upon us once again. However, with more than half a year spent in ‘pandemic mode’, it’s clear that the 2020 holidays will look a bit different.

Between the coronavirus pandemic, social tensions, economic instability, election anxiety, and the passing of beloved and notable celebrities, 2020 has presented several challenges. 

CARES ACT - Special Distribution and Student Loan Rules 

It’s safe to say that the coronavirus has disrupted life as we know it over the past few weeks. Millions of Americans have already lost their jobs and many more have experienced a reduction in income.

What you need to know about Cash Rebates and Coronavirus Stimulus Bill

By now you have probably heard or read about the $2 Trillion Coronavirus Aid Package signed into law last Friday by the President.

Paycheck Protection Program Explained

Over the past few days, I have received several questions regarding the various loan programs offered under the CARES Act. One program that has commanded lots attention due to its forgivable nature is the Paycheck Protection Program (PPP).

Unemployment Benefits under the CARES ACT

If you have found yourself recently unemployed, the CARES Act has several provisions that can assist. From the expansion of unemployment benefits, to the creation of new loans and grants administered by the Small Business Association, there is something for everyone affected. Here is a summary of the unemployment rules under the law.

What you need to know about Coronavirus and the markets

By now, you are already seeing the effects of the Coronavirus on the global economy and financial markets. So many industries have already been affected and many more are sure to be impacted in the months to come.

Being financially literate in today’s economic climate is more important than ever. Understanding finances can help you make better money management decisions, budget your money properly, adequately save for college, and be financially prepared for retirement. While it may sound daunting, financial literacy starts with a budget.