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Lessons From Past Recessions

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For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Beef up your emergency fund.

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What Is a Credit Freeze, and Should I Do It?

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It’s also important to note that while a credit freeze can make it much harder for someone to open an unauthorized account in your name, it does not prevent identity theft on its own. For example, if someone steals your credit card number, a credit freeze won’t stop them from making unauthorized purchases.

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Rent vs. Buy: What’s the Right Decision for You?

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For example, 84% of respondents in a 2020 survey from personal finance site NerdWallet said buying a home is a priority. The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As As a homeowner, it’s important to remember that home values don’t always go up, Palim says.

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7 Apps to Teach Kids About Money

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To start, financial literacy appears to set kids up for a lifetime of better financial circumstances. A three-state study funded by the FINRA Investor Education Foundation in 2015 found that high school students who received strong financial education had credit scores that were around 20 points higher on average. Google Play : 4.5.

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Employee Monitoring: How to (and not to) track employee productivity

BMT Office Administration

Before 2020, employee monitoring in a traditional office environment was pretty straightforward. Yet, the COVID-19 pandemic of 2020 threw a wrench into this tried and true system for most companies. As early as May 2020, one-third of all employees began working from home. Employee monitoring methods for remote team members.

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