Top 10 Tips for New Investors
If you’re keen on taking advantage of the power of compound interest is no better way to do it than investing your money and creating a diversified portfolio for yourself. Investing in the stock market, in bonds and even overseas means that your money will have a much better chance to appreciate, using compound interest to increase the value [...]
10 Personal Tips for Saving Money
When it comes to saving money and staying on a budget, it can sometimes feel like everyone and everything is working against you. After all, it’s not the easiest thing in the world to save money, and for those who have ever tried to do it before, you know it’s imperative to stick to your guns and lay down the law when it comes to cutting back [...]
Making a Case for Dividend Stocks
In my personal opinion, far too much is said about gold and silver, and far too little is mentioned about dividend stocks. Commodities have long thought to be one of the best investments, since they have been steadily rising, and are see as stable monetary items that will always hold their value. The truth is that gold, while on the rise th [...]
Saving Money on Roof Repair
One of the biggest investments most people own is their home and, like any good investment, it pays to take care of your home as well as possible and take care of any home improvement necessities as quickly as possible.
One of the most vital parts of your home and indeed the one that helps keep the majority of bad weather out of your living r [...]
The Biggest Credit Mistake People Mak...
Many people ask us questions about why their credit reports aren’t as good as they think they should be. Frankly, in many cases it’s because of irresponsible financial choices like failing to pay bills on time. Indeed, if you’re looking to wreck your credit score there is no faster way than to fall behind on some of your bills, paying them la [...]
Approaching 50 and Still Haven’t Star...
Welcome back for Part 2. We hope that we weren’t too harsh in Part 1 but the fact is that, if you are near or over 50 and you don’t have a retirement ‘nest egg’ built yet you really have to get your, ahem, stuff together so that you’re not left having to bag groceries when your 72 (not that we have anything against grocery baggers but being [...]
Approaching 50 and Still Haven’t Star...
If you’re in your 40’s or may even almost 50 and you don’t have any retirement savings yet you might think that it’s too late and, well, you’re screwed. But luckily that’s not the case. Assuming that you’re making above the minimum wage and earning a decent paycheck (and that you’re not waist deep in debt) there are a number of ways that yo [...]
Tips to Cut College Costs and Avoid B...
If you have already talked to financial planners about how you’re going to pay for your child’s college costs they have probably told you about all of the programs that you should look into. Stafford loans of course as well as 529s, Coverdell savings accounts, home equity loans and savings bonds.
The problem? Oftentimes this advice, while w [...]
Making a Budget and Sticking to it
Making a personal budget and sticking to it may seem confusing and hard at first but it is well worth the effort. You may feel like living on a budget is constricting but it can actually be quite freeing once you learn what works for you.
The first thing you should do is when you’ve decided to make a budget is to write down all your bills and [...]
Building an Emergency Fund
Most financial experts will agree that a big step in being financially secure is to have an adequate emergency fund. This being the case it is disheartening to know that most Americans don’t have any savings at all! To start building an emergency fund first look at your monthly income and expenses and realize that most experts agree that an e [...]