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Sometimes simple is best. Many of us tend to complicate our financial situation; overthinking our options while ignoring the basics.

But like anything else, the simplest rules are often the most important ones; and the ones most likely to be ignored. How many of these rules do you follow?

The fourth quarter of 2018 saw financial markets experience higher levels of volatility, with large market swings driven in part by geopolitical issues, in part by the ending of quantitative easing by central banks.  While many of these issues remain unresolved, Q1 of 2019 has seen global markets enjoy a strong recovery from the turmoil. 

How to Avoid Retirement Woes

Most consumers typically have both a credit card and a debit card. Of course, the biggest difference between the two is that a debit card will immediately take money out of your bank account when used, unlike a credit card, which will pay for the purchase and later add the amount of the transaction to your monthly statement.

But are there any other differences between the two?

The year 2018 was a rocky one for financial markets, serving up a big burst of volatility early in the year, and then following on with new all-time highs in major market indices, only to finish up with another round of gut-wrenching plunges that pushed those same indices right back down.

Time certainly goes by fast. One day you’re interviewing for your first job and the next thing you know you’re a few short years from applying for Social Security.

Personal finance, like just about everything else, is mainly common sense. Advice like “don’t spend more than you make; start investing while you’re young; don’t loan money to friends with the expectation of getting it back,” have been around for generations, and most likely will survive the next few generations as well.

Who hasn't heard some or all of the following?

Be sure to check your credit score periodically.

Apply for a credit card so you can establish credit.

Your credit score dropped.

Your credit score rose.

What exactly does any of this mean and what is considered a good credit score?

If you’re in your 20s, rejoice! You’re in a great position to create the life you want, starting with a secure financial future. While it’s common to feel overwhelmed when entering the workforce full time, there are a lot of things you can do fresh out of college that will help you attain your professional and financial goals earlier than you may expect.

The third quarter of 2018 saw financial markets respond with bouts of volatility to concerns over trade protectionism and global growth, and guidance from the Federal Open Market Committee that they are on track to raise rates again before year end.