For those who are investing or planning for their retirement, the past couple of years have been challenging, to say the least. From turmoil in the housing and stock market to historic inflation driving up the price of rents and groceries, savings and retirement planning have unfortunately taken a back seat for many Americans. In fact, according to a study from Bankrate, most Americans can no longer keep up with their retirement savings.

A solid understanding of finances can go a long way to help a business succeed. That’s we want to share these tips to equip you with the financial knowledge you need.

A recent Bankrate survey revealed that 56 percent of Americans feel they don't have enough money in savings, and 60 percent can’t cover an unexpected expense.

Not all changes are bad—but they all require a second look at your current plans. Things like graduations, marriages, job changes, having a baby, and retirement all cause large shifts in financial priorities. When these events happen, it's a good time to sit down and re-evaluate your goals and plans.