2019-01-15 13:35:00 Tue ET
trust perseverance resilience empathy compassion passion purpose vision mission life metaphors seamless integration critical success factors personal finance entrepreneur inspiration grit
Americans continue to keep their financial New Year resolutions. First, Americans should save more money. Everyone needs a budget to ensure that key paychecks outweigh cash expenses. Second, Americans need extra money to pay off credit card debt. More than 44 million Americans take on second gigs to help eliminate credit card debt (about $16,000 per capita). Third, Americans should spend less. Millennials should reduce their disproportionate variable expenditures on utility and leisure. Fourth, U.S. workers below 50-years-old can try to save $18,500 per year toward their own 401(k) retirement accounts. Socking away $300 per month for 30 years can accumulate $285,000 with a conservative 6.2% average annual return. Fifth, Americans need to build their emergency funds. Almost 57% of U.S. adults have less than $1,000 in their bank accounts, and 39% have no emergency funds at all.
Americans should achieve these New Year resolutions for better financial freedom. Fed Chair Jerome Powell states that FOMC members need to be *patient to wait-and-watch* before they hike the interest rate again. The central bank continues to cash in public debt near maturity to maintain a substantially smaller balance sheet. Most stock market analysts foresee the next interest rate hike around mid-2019 as Federal Reserve governors raise their dovish tones.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-10-03 11:37:00 Wednesday ET

Fed Chair Jerome Powell sees a remarkably positive outlook for the U.S. economy right after the recent interest rate hike as of September 2018. He humbly su
2018-10-30 10:41:00 Tuesday ET

Personal finance author Ramit Sethi suggests that it is important to invest in long-term gains instead of paying attention to daily dips and trends. It
2023-05-31 11:27:00 Wednesday ET

What are the top global risks in trade, finance, and technology? In this macro report, we focus on the current global risks from inflation and growth con
2019-03-27 11:28:00 Wednesday ET

OECD cuts the global economic growth forecast from 3.5% to 3.3% for the current fiscal year 2019-2020. The global economy suffers from economic protraction
2021-02-01 10:19:00 Monday ET

In recent times, the International Monetary Fund (IMF) predicts that the fiscal-debt-to-GDP ratio of most rich economies would rise from 95% in 2018 to 135%
2023-11-28 11:35:00 Tuesday ET

David Colander and Craig Freedman argue that economics went wrong when there was no neoclassical firewall between economic theories and policy reforms. D