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Don’t Be Fooled by Debt Debt is a scary word. For many Americans it’s practically taboo. And for good reason: according to NerdWallet, the average debt in American households in 2020 was about $145,000. While there is reason to be cautious, debt can also be...
Topics: TheLiveBigWay® Digest

“Debt” is a scary word. For many Americans it’s practically taboo. And for good reason: NerdWallet found that the total amount of debt owed by the average American household in 2022 was about $170,000. But while there is reason to be cautious, debt can still...
Topics: Financial Planning

The American Rescue Plan, “President Biden’s plan to provide direct relief to Americans, contain COVID-19, and rescue the economy” and his first major piece of legislation, was signed into law on March 11, 2021. The American Rescue Plan includes another round of direct stimulus checks...
Topics: Economy and Investing, Financial Planning

The Magic of Financial Planning We’ve said it before, and we’ll say it again. Financial planning is MAGIC! Financial planning, real financial planning, transforms lives. And a recent New York Times story by Ron Lieber beautifully articulates this belief. In his piece, Lieber shares his...
Topics: TheLiveBigWay® Digest

Hardly a week goes by where the term “net worth” doesn’t pop into a conversation, ad, or other media. Despite its prevalence, however, understanding how to calculate it and why, in some ways, it can be more important to one’s financial health than watching the...
Topics: Financial Planning