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Added on the 06/08/2021 09:28:02 - Copyright : Wochit
UK ambulance workers take to the picket line outside the London Ambulance Service headquarters, as they escalate a pay dispute with the government after walkouts by nurses and other public sector staff earlier in the week. The latest industrial action is being undertaken by paramedics and emergency call handlers, and comes amid similar pay and conditions-driven strikes by rail staff, passport control officers, postal workers and other NHS staff. IMAGES
Roses are laid in front of the closed blinds of the Pôle Emploi jobseekers' agency in Valence, southern France, where a counsellor was killed by a gunman on Thursday morning. IMAGES
To build wealth that can be passed down through generations, getting out of debt-- and staying out of debt--is very important. On the other hand, Business Insider personal finance contributor Jannese Torres-Rodriguez argues increasing your income is just as important. It's not always possible to find jobs that progressively pay more and more. But side hustles can serve that purpose instead. Torres-Rodriguez says her side hustles now bring in roughly $100,000 a year, and she uses it in three ways to build generational wealth. She first accelerated her own retirement savings. Then, she helped her niece with college, so she doesn't have to leave school burdened with debt. Now, it gives her enormous pleasure to be helping out her own beloved parents through their golden years!
Especially in uncertain times like these, the dream of owning one's home free and clear is an enticing one. On the other hand, isn't saving for retirement, or college funds more important? According to Business Insider, if you have the opportunity to pay off your mortgage early, the deciding factor comes down to just one thing: interest rates. If the rate on your mortgage is higher than the rate you'd earn by investing cash in the stock market, pay down the debt first. But before you do that, run the numbers to see if refinancing your mortgage would make sense. If so, you can apply the freed-up cash towards your high-interest debt. Once that's cleared up, pay off the mortgage!