Dave Mortach

Finance Blog

5 Easy Ways to Build Your Credit

5 Easy Ways to Build Your Credit

Building your credit score is essential to personal finance, as it determines your eligibility for loans, credit cards, and other financial products. A good credit score can help you secure better interest rates, lower insurance premiums, and even rental agreements....

The Importance of Updating Budgets Throughout the Year

The Importance of Updating Budgets Throughout the Year

Budgets are an essential tool for any individual or organization to manage their finances effectively. Budgets can help you plan your expenses, control your spending, and save money for future needs. However, it's not enough to create a budget once a year and forget...

Building an Emergency Fund

Building an Emergency Fund

Having a sufficient emergency fund is very important to ensure that you have the necessary resources to meet your needs. However, establishing and maintaining a dedicated fund can take a lot of work.   A survey conducted in 2022 by Bankrate revealed that only 44%...

Financial Goals for 2023

Financial Goals for 2023

New Year's resolutions are usually focused on improving one's financial situation. Financial goals include saving for a vacation or getting on the property market.   One of the most common reasons people fail to achieve their goals is a lack of a plan. There are...

Tips for Recession Proofing Your Retirement Plans

Tips for Recession Proofing Your Retirement Plans

One of the biggest concerns when the markets get volatile is what will happen to your retirement savings. Without proper investments, your assets could be wiped out during market volatility. This is why it's essential to start planning now.   If you're planning...

Teaching Your Children the Basics of Personal Finance

Teaching Your Children the Basics of Personal Finance

You want the best for your kids. This doesn't mean you want them to have the latest gadgets or clothes. It means that you care about them being safe and secure. You also want to lay a solid foundation for them to succeed. One of the most important lessons that you can...

Tips for Paying Off Student Loans

Tips for Paying Off Student Loans

One of the best ways to pay off student loans is to make more than the minimum payment each month. This will reduce the interest that you'll owe and allow you to quickly remove the balance. Here are some tips for helping you pay off your student loans more quickly.  ...

Tips for Transitioning from Two Incomes to One

Tips for Transitioning from Two Incomes to One

We do all our projects and activities for our lives based on the money we make. It's necessary to have a lot of money to live well. At some point, you and your significant other may decide to move down to one income. Here are some tips you can use so that you can...