LOS ANGELES (PRWEB) October 30, 2018
Individuals who would like to improve their financial situations can soon take advantage of a brand-new blog website by Ahmed Nashaat, which is aimed at helping them to stop the cycle of living from one paycheck to the next.
The finance blog website, which can be found at http://www.ahmednashaatbusiness.com/, has successfully undergone months of beta testing. As a result, the microsite will be released on Nov. 15, 2018.
According to Nashaat, a college student at the University of California, Los Angeles, who has experience with managing finances, the number of people living paycheck to paycheck is staggering. Unfortunately, these individuals are each one unlucky move away from being in poverty. Fortunately, these individuals can employ many strategies to keep their finances organized so that nothing surprises them.
Originally from Dubai and now new to the United States, Nashaat said that he saw that in both areas make some basic money mistakes that can be avoided. A particular area that he addresses on his new website is the management of federal income taxes. For instance, according to Nashaat, people often make the mistake of not filing their taxes in advance; in fact, nearly 50 million individuals file their tax returns during the two-week period leading up to the April 15 deadline. Missing the deadline results in preventable penalties and interest that must be paid.
Nashaat explained that the average household in the United States owes more than $132,000 in debt. Meanwhile, the average balance in a 401(k) retirement savings account is just over $96,000. In addition, the personal rate of savings for the average American is five-and-a-half percent, which includes emergency funds and retirement savings. Unfortunately, this typically is not adequate for the average person in the United States.
With Nashaat’s help, readers can get on the path to financial freedom and thus improve their overall quality of life in the years and even decades ahead.