The Apex Blog

Dave Ramsey is a popular financial guru and author who hosts a nationally syndicated radio show and has a sizable following of listeners and readers. Ramsey is especially popular among Christians because many of his financial principles are rooted in Christian values and biblical teachings. Ramsey has been open about his volatile business career prior to becoming a finance pundit, which included building a $4 million real estate portfolio and then losing it all to bankruptcy before age 30.

A person’s wealth is often defined by the value of his assets — but assets only tell half of a person’s financial story. A better way to measure a person’s wealth is by their net worth.

The recent surge in home prices has left the average American homeowner with about $300,000 worth of home equity. And, that amount grew by an average of $24,000 in 2023, $14,300 in 2022, $64,000 in 2021 and $26,300 in 2020.

According to recent research, 75% of millennials expect their wealth to increase in 2024. Despite being accused of spending money on avocado toast instead of focusing on savings, millennials have been diligent about their finances this entire time. They’ve been able to build wealth despite facing numerous major financial struggles. As millennials await their inheritance money, they still feel the impact of the economic crash 2008 as inflation continues to run rampant.

Social Security recipients have lost more than $1,700 in retirement benefits due to the way cost-of-living adjustments (COLA) are calculated, a financial expert has said.

American retirees are gingerly making their way through their golden years, treading forward as all sorts of economic minefields surround them.

There are many ways to save money on a college degree, although not all of them will work for every student. You can opt to attend community college, then transfer to a four-year university to finish up their program. You can live at home attending college and commute to class, or you can pursue a degree program that's fully online. There are also students who get sufficient scholarships and grants to cover most of their college expenses.

Passive earnings requires little to no every day effort to take care of and might function a monetary cushion for current graduates.

Your home is probably one of the most significant assets you have, and it can play a huge role in your retirement planning. Your home can be a valuable resource in retirement, but it can also be a burden.

American retirees are gingerly making their way through their golden years, treading forward as all sorts of economic minefields surround them.

There’s a battle brewing in the investment space. Brokers are battling for your retirement dollars, and they are offering you free money when you transfer your IRA to them.

With rampant inflation, you want to ensure that your savings are growing to keep up with rising costs. You want to invest in the stock market but may hesitate due to the fluctuations of the economy.

Having a financial advisor can be incredibly helpful in navigating life’s significant events and making smart financial choices. Not only will they help you understand your goals, but they’ll also work with you to establish a detailed plan for achieving each one.

“Certain countries stand out as potentially vulnerable to enacting rate hikes,” said Cliff Ambrose, founder and wealth manager at Apex Wealth ...

Global investors are unwinding bets on local-currency bonds as some emerging-market central banks come under pressure to raise interest rates — rather than cut them as widely anticipated just weeks ago.

Experts have warned that taxes to fund essential retirement, disability and healthcare provisions like Social Security and Medicare are likely to grow in the coming decades due to ongoing changes in America's workforce demographics. And the youngest generations, millennials and gen z, are likely to take on most of the burden.

Let’s talk about easy, practical tips for saving on groceries when you are in retirement. Not only can it be harder to adjust to a fixed income, but you might find that common grocery costs can sneak up on you during your first year of being a retiree. Lucky for you, you are not alone.

Inflation is a hot topic of conversation. Consumers are digging even deeper into their pockets for everything from groceries to rent or mortgage payments.

Following a stretch of highs, many CD rates have started decreasing this year. From mid-December 2023 to mid-February 2024, the midpoint for one-year CD rates at 21 online banks and credit unions dropped from 5.30% to 5.00% APY, according to NerdWallet analysis. In addition, while in November of 2023, there were over 3,900 CDs available with rates of 5% or greater, by the third week of March 2024, that number was under 3,000, says Bryan Johnson, chartered financial analyst at CDValet.com.

Buying a car is an enormous financial decision and can cause some sticker shock. Indeed, Kelley Blue Book noted that the average cost of new cars is now more than $47,000 — up a whopping $6,000 from two years ago and $10,000 from September 2020, according to Consumer Reports.