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Election season is quickly approaching, and with that come issues that need to be addressed. Of course, a new American president will always bring changes.

You are more than your credit score — that much is true. But if you want to do major things financially in this country, your credit score is going to be a big factor. What’s more, people with high credit scores normally have their finances in order — so there’s a lot to learn from them.

Americans are worried about Social Security and Medicare. A recent survey reveals that nearly three-fourths of adults have serious concerns that Social Security will run out of funds during their lifetime. Almost one-fourth say they don’t expect to receive anything from the fund, which has traditionally been a critical component of a healthy retirement strategy.

Technology has reshaped the business world over the past two decades, leveraging e-commerce models to make it easier and cheaper to access goods and services. However, not every industry has been quick to embrace modern methods of serving their clients.

Think you need a fortune to build wealth? Think again. With the right strategy and a healthy dose of patience, even small monthly investments can grow into substantial wealth over time. GOBankingRates spoke with financial experts to uncover some practical ways to build wealth by investing as little as $100 a month.

Millennial adults represent a generation that is going through a lot of milestones and “firsts” in their live. This can be a wedding, the birth of a child, the purchase of a home or a new job. In turn, they are also facing specific financial challenges, which, combined with inflation and high rates, can be difficult to navigate.

Gen Z — the first digitally native generation — faces a specific set of financial challenges. At the same time, this election will also be the first time voting for many GenZers. In terms of challenges, these young adults have to navigate inflation, exploding rates, and the resumption of student loans — which had been paused for three years. In turn, certain financial policies could benefit this cohort of Americans under a Trump administration.

It’s easy to roll your eyes at some of the seemingly ridiculous purchases that wealthy people make. After all, do you really need a gold bidet? But, according to financial experts, some of their more spendy buys may actually be wise.

The 2024 presidential election will he here before you know it, and many are curious about the potential policies of the incoming president. For older Americans, some of the focus has been on Social Security and its fate.

You might think you’ve got a handle on your finances, but there’s probably a thing or two you don’t understand.  GOBankingRates spoke with financial experts to uncover some surprising truths about money that many people overlook. Carlos Rodriguez, director of financial planning at Edelman Financial Engines, pointed to EFE’s 2023 Everyday Wealth in America report, which indicated that 46% of Americans cite personal finances as their top source of stress. That emphasizes the importance of effective financial management for overall well-being.