One of life’s major milestones is deciding to propose to your significant other. But before you hear the celebratory wedding bells, the first step is to find the perfect engagement ring. The old adage said you should spend roughly two months’ income on an engagement ring. While times have thankfully brought this number down a bit, one thing is for sure – rings aren’t cheap.
If starting college is your first time living away from home, then there’s probably a lot on your mind. Setting out on your own means more independence and all of the responsibilities that come with it, which can be both exciting and daunting. One thing you want to keep in mind as you’re starting the transition is your finances.
Every day technology becomes more prevalent in people’s lives. From working and traveling to shopping and socializing, it seems people are always connected today. But this non-stop reliance on your devices also creates a haven for fraudsters – and the pandemic only accelerated this digital dependence.
Every day, our cash society seems to move more into the digital realm. A prominent cause of this shift is convenience, and mobile wallets make the transition seamless. A few years ago, watching someone pay with their phone at a store or restaurant was somewhat rare – today, it’s commonplace.
Most new parents are shocked when they discover the cost of childcare today. With prices per child often near $1,000 per month, the total can become extremely expensive for those with multiple small children. The rising cost of childcare can force parents to question whether it’s more economical for one parent to forgo working and raise their children until they can attend elementary school.