How to Make Your Raise Work for You

Whether you’ve earned a promotion at work, received a merit increase or have been given a cost-of-living increase, a bigger paycheck is always welcome. However, that extra money can quickly disappear if you aren’t careful. Considering switching banks to find the best rates and setting up a savings account is a great place to startContinue Reading

Watch Out for the Income Effect

Most of us like the idea of earning more money. Have a greater income is often, in the eyes of many, the solution to most problems. However, if you aren’t careful, that increased revenue can result in the income effect, which could prevent you from getting ahead. What is the Income Effect? Basically, the incomeContinue Reading