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.
2022-11-30 09:26:00 Wednesday ET

Climate change and ESG woke capitalism In recent times, the Biden administration has signed into law a $375 billion program to better balance the economi
2017-06-21 05:36:00 Wednesday ET

In his latest Berkshire Hathaway annual letter to shareholders, Warren Buffett points out that many people misunderstand his stock investment method in seve
2018-01-03 08:38:00 Wednesday ET

President Trump targets Amazon in his call for U.S. Postal Service to charge high delivery prices on the ecommerce giant. Trump picks another fight with an
2017-01-11 11:38:00 Wednesday ET

Thomas Piketty's recent new book *Capital in the Twenty-First Century* frames income and wealth inequality now as a global economic phenomenon. When
2025-07-05 11:23:00 Saturday ET

Former New York Times science author and Harvard psychologist Daniel Goleman explains why working with emotional intelligence helps hone our social skills f
2022-03-05 09:27:00 Saturday ET

Addendum on empirical tests of multi-factor models for asset return prediction Fama and French (2015) propose an empirical five-factor asset pricing mode