Author: Arabian Media staff

Key Takeaways Financial paralysis is when thinking about your finances leaves you feeling afraid, anxious, or avoidant. This can happen to anyone, no matter how much money you have. Financial paralysis can make you ignore bills, avoid looking at your bank account, and fail to make smart money moves, like investing for retirement. Small steps, such as setting up a repayment plan for bills or using a robo-advisor to open an individual retirement account (IRA), can help you make progress and feel less overwhelmed. If thinking about your finances makes you feel so overwhelmed or anxious that you can’t move…

Choosing investments can feel overwhelming. There are thousands of investment choices for you to evaluate and choose from, especially when trying to get the right asset allocation in place. Luckily there is an alternative to sorting through and using excessive numbers of mutual funds and exchange-traded funds (ETFs) to get the right allocations. The Vanguard Group offers funds that allow for broad exposure by investing in just a few funds. With just three to five funds, you can achieve that goal of being diversified. Additionally, many of Vanguard’s funds are available as both mutual funds and ETFs so you can use…

Key Takeaways If your college major has a high unemployment rate, it may be more difficult to land a full-time job in your field after graduation.Be flexible, stay open to all job opportunities, and don’t get tied to a ‘dream job’.If you don’t have any full-time experience to promote on your resume, highlight your volunteer work, internships, and part-time employment. When it comes to success in the job market, your college major can have a big impact, determining how much you’re paid and your likelihood of getting a job. For recent college students, the current job market may be especially…

Key Takeaways Hermitage, Johnstown, and Altoona are the top three Pennsylvania towns that made our list of the 50 best places to retire in the U.S. this year. When choosing a retirement destination, factors like cost of living, health care access, and lifestyle amenities play a crucial role. Pennsylvania doesn’t tax pensions, Social Security income, or retirement account withdrawals.  If you’re looking for a place to retire, consider Pennsylvania. It offers an attractive mix of urban and small-town living, affordability, access to quality health care, and proximity to major metros. Earlier this year, Investopedia compiled a list of 50 of the best…

Getting married is not only a major life event, but one with significant financial implications. That’s especially true of second or blended marriages, which often come with added complexities, such as children from prior marriages and financial obligations like alimony or child support on the part of one or both partners.  To get off to the best possible start, couples embarking on a new marriage may want to resolve a few issues even before they head to the altar. Here are some ways to plan for a happy, harmonious, and financially successful future together. Key Takeaways One key to a…

If you’re struggling to get a handle on your debt, a financial advisor can help you prioritize your payments and establish a budget. Financial advisors can also provide other services like investment advice, income tax preparation, and estate planning. Key Takeaways A financial advisor can create a plan for managing your debt, which will typically entail paying off the debts with the highest interest rates first and then working down the list. Ensure your financial advisor has credentials, such as a certified financial planner (CFP) designation. Financial advisors are usually paid hourly, although there are also free and low-cost services available. Budgeting…

Just as the price of stocks in fund’s portfolio dictate its value, the trading activity of mutual funds is inherently linked to the price of the stocks in which they invest. When mutual funds buy and sell stocks, the prices of those stocks are automatically affected. In fact, because of the size of their investments, mutual funds can have a huge impact on stock prices, in both the short and long term. Mutual fund trading can activity push stock prices up or down on any given day, and the herding effect of mutual funds and other large-scale institutional investors can…

Blue-Collar vs. White-Collar Jobs: An Overview One of the most common ways to classify workers and jobs is by collar colors, with blue and white being the best known. Traditionally, blue collar jobs have involved manual labor, often in manufacturing or construction, and hourly or piecework pay. White collar jobs, on the other hand, are performed in offices, with work that is managerial, administrative, or clerical in nature. White collar workers are usually salaried. Other common distinctions between the two include different educational preparation and social classes. These differences are often stereotypes and are not necessarily accurate. Key Takeaways People…

When discussing corporate cash flow, the tech and retail industries are often used as opposing examples of how different business types use working capital. In general, retail businesses require much more working capital than tech companies, largely because of their inventory needs. The rate at which each business type earns and then spends money, and how and when it must fund regular expenses, contribute to determining its working capital needs. Key Takeaways Working capital is the cash or cash equivalents that a company has for everyday expenses. It’s calculated by subtracting current liabilities from current assets.Retail businesses typically need higher…

Regardless of your financial status, keeping tabs on the ultrarich—whether with admiration, envy, or resentment—is probably more pleasurable and less demanding than researching a mortgage, shopping for online brokers, or studying finance and economics. The appeal of wealthy families reflects a culture that idolizes wealth and fetishizes the rich. Those in the upper echelons of business are celebrities in many people’s eyes, and they are scrutinized for their ability (or failure) to maintain this elite status. This list is limited to families who originally made their fortunes through business (even if some of the current heirs enjoy the family inheritance…