Money Management

The Advantages and Disadvantages of Online Banking

The Advantages and Disadvantages of Online Banking

If you believe all the reports, online banking is the wave of future and conventional banks will be largely phased-out. The traditional banking institutions have been closing banks left and right. This trend is expected to continue. Online banking seems to have everything a customer could want. The interest rates on accounts are higher than [...]

By December 3, 2013 0 Comments Read More →
Top 10 Money Tips for New Graduates

Top 10 Money Tips for New Graduates

Many people who graduated years ago probably wish they could go back and do a few things over. Most financial challenges can be avoided by doing things in a careful way. Adopting healthy finance habits can make your future a lot easier and more enjoyable. On the other hand, unhealthy financial habits can create challenges [...]

By November 1, 2013 0 Comments Read More →
Money for Your Junk: A Guide to Selling on Facebook

Money for Your Junk: A Guide to Selling on Facebook

Most of us simply have too much stuff. This extra stuff gets in the way, costs you time and money, and causes stress. If you think about the things that you really love and use regularly, you’ll probably find that you have a lot more stuff than you really need, right? It’s probably too late [...]

By October 24, 2013 0 Comments Read More →

Credit & Debt

Anchors Away: Finally Break Free From Credit Card Debt

Anchors Away: Finally Break Free From Credit Card Debt

Anyone with credit card debt knows just how challenging it can be. Interest rates are averaging 13 to 16 percent, and it’s not easy to get ahead once you have this type of debt. If you have debts with high interest rates, make paying these a priority. It will bring you a lot of relief [...]

By December 5, 2013 0 Comments Read More →
5 Dirty Tricks Credit Card Companies Like to Play

5 Dirty Tricks Credit Card Companies Like to Play

While your credit card company might like to pretend they have your best interests at heart, it turns out that’s not always the case. Credit card companies, like most other businesses, have ‘loopholes’ in place to drain every cent they can from you. Being aware of these tactics is the best defense. Otherwise, you’ll be [...]

By September 12, 2013 0 Comments Read More →
Bankruptcy – Is It The Right Choice For You?

Bankruptcy – Is It The Right Choice For You?

Bankruptcy is a very scary term to most people. Many who are considering filing for it are already in a highly stressful situation. Bankruptcy is a tool that exists in order to give people a second chance when there doesn’t appear to be any viable alternatives. Just be certain it is the right tool for [...]

Home & Mortgage

Budgeting Basics For First Time Home Buyers

Budgeting Basics For First Time Home Buyers

Congratulations on buying your first home! This is surely a great achievement for you and the rewards can be very exciting. As a homeowner, you have equity that’s solid. There’s so much you can accomplish now that you have this asset under your belt. What you’ll now realize, however, is that your bank account has [...]

Get Paid to Clean Up Real Estate Properties

Get Paid to Clean Up Real Estate Properties

Although the economy is providing us all with a bit of a rough, unpredictable ride, the good news is that the housing industry is undergoing a gradual process of bouncing back. Luckily, this good news about the housing industry also opens up some interesting ways for you to earn money. Consider these options: 1. Clean [...]

Top 10 Tips for Choosing a Mortgage Broker

Top 10 Tips for Choosing a Mortgage Broker

If you’re ready to start shopping for a home or wish to re-finance your current home loan, you’re probably wondering how you’ll find a mortgage broker who’s trustworthy, knowledgeable, and easy to work with. Take a peek at these tips to select a mortgage broker that will best help you in your quest for obtaining [...]

Insurance

How To Use Insurance To Manage Personal Risk

How To Use Insurance To Manage Personal Risk

When you think of “risk management,” you might conjure up images of investment portfolios or sophisticated business models. What many fail to realize is they are utilizing the same risk management tools and concepts when protecting their own interests and assets. Any insurance policy you currently own is a form of risk management. You are [...]

Top 11 Qualities of an Outstanding Insurance Agent

Top 11 Qualities of an Outstanding Insurance Agent

Chances are, at some point in your life, you’re likely to want the services of an insurance agent. Homeowners, auto, health, disability, and life insurances can prevent financial disaster due to a crisis. A good insurance agent can help you protect one of your greatest assets: your money. How do you find an exceptional insurance [...]

Don’t Let Insurance Fraud Devastate Your Financial Plans

Don’t Let Insurance Fraud Devastate Your Financial Plans

You’re probably familiar with the concept of insurance fraud, since it has been around for a long time. The earliest recorded instance involves a merchant intentionally sinking his ship in 300 B.C.! The merchant drowned in the process. You might be surprised at the negative effects insurance fraud can have on your financial future and [...]

Retirement

Learn Annuity Payout Choices to Meet Your Retirement Needs

Learn Annuity Payout Choices to Meet Your Retirement Needs

You can’t beat an annuity when it comes to setting up an effective savings plan for your retirement. An annuity can ensure you’ll receive a steady stream of income in your golden years. You’re guaranteed to receive payouts from your annuity (in most cases) so you can depend on those dollars when you retire. And [...]

6 Wise Money Moves for Busy Boomers Who Don’t Plan to Retire

6 Wise Money Moves for Busy Boomers Who Don’t Plan to Retire

Do you see yourself as someone who won’t ever retire? You probably know some people who have already retired, but you can’t imagine that you’d ever stop working. As retirement age gets closer, do you identify your own thoughts about retirement in these statements? 1. “I’m never going to retire. I can’t afford it.” If [...]

Retire Sooner With These Strategies

Retire Sooner With These Strategies

Do you find yourself feeling like you won’t ever have enough money to stop working? If so, it’s time to perk up. You can retire sooner than you think by making some changes now. Use these strategies to retire sooner than you ever dreamed of: 1. Identify activities that bring you joy and then create [...]

Investing

The Secret to Smart Investing Decisions

The Secret to Smart Investing Decisions

Nearly everything you do on a regular basis is accomplished by following a process. You follow a certain sequence of steps to accomplish your objectives, like when you bake a cake or get ready to go to work in the morning. Your level of success in any activity is largely dependent on the quality of [...]

By December 1, 2013 0 Comments Read More →
The Dangers of Herd Behavior in Investment Decisions

The Dangers of Herd Behavior in Investment Decisions

One of the most common behavioral finance biases is herd behavior. Most of us tend to believe that a large group of people couldn’t possibly all be incorrect about something. Studies have shown this belief greatly affects our decisions. Humans are also very sociable and following the group is an innate behavior for most of [...]

By October 27, 2013 0 Comments Read More →
How to Profit on Declining Stocks

How to Profit on Declining Stocks

Most investors purchase a stock with the expectation that the stock price will rise. If all goes according to plan, the investor would eventually sell the stock and realize a profit. But have you ever felt certain that a stock price would fall? What if there was a way you could profit from that situation? [...]

Other Recent Posts

Understanding the Basics: Supply, Demand, and Elasticity in Macroeconomics

Economists are always throwing around economic terms as if everyone in the world speaks their language. You probably understand the basics of supply and demand, but you might not be familiar with the concept of elasticity, unless you studied macroeconomics at some point. Supply and demand are the most fundamental concepts in economics and are [...]

By December 31, 2013 0 Comments Read More →

Teaching Your Teen to be Financially Literate

Financial literacy is the facility to apply skills and knowledge to make wise financial decisions. Gaining these skills and knowledge is an ongoing process that begins in childhood. Most states don’t have financial literacy requirements in education. It is on the parents and the children themselves to gain the necessary knowledge and skills. Unfortunately, many [...]

By December 31, 2013 0 Comments Read More →

Is it an Apartment or a House? A Guide to Purchasing a Condo

A condo looks like an apartment. In fact, many condo buildings were originally just regular apartments that someone converted into condominiums. However, condominiums are also like houses from the standpoint of ownership. But who owns the yard near a condo? Who pays for repairs? What are condo fees and what do you get in return [...]

By December 31, 2013 0 Comments Read More →

How Do Banks Make Money?

Do you wonder how exactly banks make money? Banks always seem to have pretty nice buildings and many of the skyscrapers in larger cities have the name of a bank prominently displayed on the side. Even better, the employees are always well-dressed. It’s one of the few places left where you can find a man [...]

By December 31, 2013 0 Comments Read More →

Estate Planning for Same-Sex Couples

Estate planning is frequently challenging, regardless of your relationship status. But estate planning can be much more challenging for same-sex couples. Every state has its own laws, and some of those laws can make it either impossible or very expensive to put an ideal plan into place. Most states fail to recognize same-sex relationships from [...]

By December 31, 2013 0 Comments Read More →