by Enlighten 567 | Feb 7, 2024 | Financial Literacy
On January 1st, 2024, a lucky Michigan resident hit the massive Powerball Jackpot worth $842.4 million. (1) Although it is nice to fantasize about waking up one day with a ten-digit bank account, the numbers show that those chances are extremely low. While it’s...
by Enlighten 567 | Feb 5, 2024 | Financial Literacy
Diversifying your portfolio means spreading your investments across different asset classes, industries, and geographic regions to reduce overall risk without sacrificing potential returns. This strategy allows you to take advantage of different trends and...
by Enlighten 567 | Jan 24, 2024 | Financial Literacy
According to a recent CNBC article, the credit card debt in the U.S. hit $1.08 trillion. (1) Many individuals contribute to this number, especially after the holidays. Christmas shopping, special dinners, and travel expenses pile up. While credit cards provide us...
by Enlighten 567 | Jan 22, 2024 | Financial Literacy, Retirement Planning
Financial planning is a critical element for the success of any private business owner. It provides a roadmap for achieving both short-term and long-term goals and ensures the financial health of the business. However, small business owners often wear multiple hats...
by Enlighten 567 | Jan 17, 2024 | Financial Literacy
In the realm of investment strategies, few have garnered as much attention and loyalty as the ‘Dogs of the Dow.’ A simple yet intriguing concept, it has existed for decades, enticing investors with its promise of consistent returns. Let’s talk about its...
by Enlighten 567 | Jan 15, 2024 | Financial Literacy, Uncategorized
Embarking on the road to financial success is like mastering a friendly game of sacrifice. It’s about finding the sweet spot between trimming expenses, bidding farewell to a few luxuries, and tweaking daily habits. Ever wondered how those financial superheroes,...
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