Personal Finance

5 Financial Tips for Surviving in NYC in 2024

New York City is known worldwide for its energy, culture and opportunities. However, the rising costs of living in such a massive, world-class metropolitan also present very real financial challenges for the residents and tourists. With inflation continuing to impact essential spending, it's crucial for residents to have smart money management strategies.

Navigating the Big Apple: Managing NYC's High Cost of Living

The cost of living in NYC is notorious for being high, often leaving newcomers wondering if they can afford to make the big move. Living in New York City offers a unique experience but comes with a hefty price tag. As we delve into the actual cost of living in the Big Apple in 2024, we'll explore how it compares to the national average and uncover the intricacies that make this city one of the most expensive in the world.

Top 5 Personal Finance Tips for New Yorkers

Say goodbye to the expenses of owning a car. With an extensive public transportation system including subways, buses, and ferries, ditching your car can save you thousands of dollars each year in insurance, parking fees, and maintenance costs. Invest in a monthly MetroCard and cut your transportation expenses.

The American Dream Dies With Homeownership in US

The prospect of achieving the homeownership part of the American Dream is thus further from reality for some groups of Americans-primarily those of color-than ever. Indeed, a February 1st McKinsey Institute for Black Economic Mobility study found that it could take more than 300 years at the current rate for Black Americans to achieve "racial parity" in terms of housing equality.

Top 5 Personal Finance Investing Strategies for the Modern Investor

Investing. It's like a dance-off in the middle of Wall Street. You've got your slick moves (read: money) and you're ready to show them off. But where do you start? Fear not.. We've got your back. Here are the top five personal finance investing strategies that are making waves in the modern world.

Why Right Now is a Bad Time to Spend Money

The U.S. economy has shown incredible resilience in the past, rebounding strongly from the depths of the pandemic recession. And who knows, maybe this period of economic uncertainty will give you the push you need to finally start that side hustle or small business you've been dreaming about.

I Cancelled my Unused Subscriptions and Bought a Car

In this digital age, it's easier than ever to accumulate subscriptions that we forget about and rarely use. By routinely checking and eliminating these unused services, we can free up funds for more significant investments - like a brand-new car!

The Secret Way Congress Cuts Your Tax Breaks

In the end, the tax code is a labyrinth, and MAGI is just one of its many twists and turns. By shedding light on these hidden aspects, we can empower ourselves as taxpayers and advocate for a more transparent and equitable tax system.

Drop the Mic, Not Your Confidence: 5 Phrases That Weaken Your Speech

Language is powerful, and the words we choose can significantly impact how others perceive us. By being mindful of these common pitfalls, you can make your speech more confident and compelling.

Why You Need to Know About New 2024 HSA Contribution Limits

HSAs are the holy grail of tax savings ...

The Best Places to Retire in the United States in 2024

Let's find the best state to live in. Here's what our editorial staff believes is best

10 Foolproof Steps to Start Investing Now - Even If You're a Complete Beginner

Before you dive headfirst into the deep end, take a moment to consider why you want to invest. Are you saving for retirement, hoping to buy a house, or funding your kids' college education?

Escape the Debt Trap: Proven Strategies to Get Out of Debt Fast!

I was once in your shoes, drowning in a sea of college loans and credit card debt. But I got out, here's how.

How to Invest in Bitcoin for Beginners

We won't spend too much time explaining why Bitcoin is booming right now - you can read this here - but I'll give you a hint: It has something to do with the fact ...

Parents: To Prepare Kids Financially, Give Them Practice With Money

Children learn more about finances from their parents than any other source, previous research has shown. The process through which parents impart this knowledge onto their children is known as "financial socialization."

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Latest Stories

How Copper Fuels Infrastructure Development from Power Grids to Telecom

Copper's use in global infrastructure development is becoming increasingly critical, especially as emerging markets expand and industrialize. The metal, valued for its electrical conductivity, is now indispensable in energy grids, transportation networks, and telecommunications. As nations worldwide focus on upgrading infrastructure to meet the demands of modern economies and climate targets, copper demand is set to rise continually year over year.

A Busy October for H.I.G. Capital: Multi-Sector Investments Reflecting Market Agility

As global markets continue to present both challenges and opportunities, H.I.G. Capital, the Miami-based alternative investment powerhouse, has launched a series of strategic moves that underscore its agility and foresight. With $65 billion of capital under management, H.I.G. has long been known for its diverse investment approach. However, the firm's activities in October 2024 paint a picture of a company not just participating in market trends but actively shaping them.

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

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IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

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