There are many different ways to invest money. They range from super easy and safe (a savings account), to more complex and risky (stocks and bonds). But there are some investments that should be avoided in all situations. Avoiding these kinds of investments will make it more likely you...
It’s tempting to bury your head in the sand when it comes to debt. But, as we all know, those credit card bills are only going one way and the banks aren’t going to forget about the loans you are struggling to repay. While most of us will worry...
Looking for a home to buy is much easier than the buying process itself. The process becomes even more overwhelming when you are haggling for the best price. Unless you spend your day’s haggling for prices and best deals everywhere, negotiating for the best price for your next home...
Verizon Media is hoping to target the next generation of spenders with its personal finance site Cashay.
Launched on Wednesday, the site will include information on money, managing finances, and preparing for the future, the company said in a statement.
"As the wealth gap continues to grow, financial literacy will be...
There are many investing decisions to make as an investor, especially when it comes to what investment strategy suits you. One of those debates will hinge towards the individual stocks vs. equity funds argument. Which one of these is best for you?
For starters, what's the difference between individual stocks...
Debt is one of those words that elicits strong reactions from everyone. Some people think debt is the devil and should be paid back as soon as possible, while others think its perfectly fine to be in debt. Most people will agree on one thing though: debt is something...
So you have 1,000 Euros or 1,000 Dollars in your bank account and your fingertips are itching to do something with them. You know that the value of these 1,000 will diminish because of inflation and if you do not use them wisely in the short term - they...
If you are lucky enough to have a job amid this pandemic, there is a likelihood that you are still with the work from home (WFH) measures many companies are still practicing. One of the secrets to success when working from home is investing in a comfy and relaxing...
You’ve got the job, you’re managing to make the rent each month (if you’ve escaped the nest) and you’re starting to look to the future. Perhaps you are finding, for the first time, that you have some spare money each month after the bills have been paid and are...
Financial independence is the foundation of an early retirement. Building financial independence is all about making the most out of what you have and dealing with any setbacks as best you can. To do this one needs to think before acting. To reflect on the various options and decide...
For a young person in their 20s, fresh out of university with a new job, what do with extra money is the last thing they are thinking of. Retirement is years away, and plus first jobs rarely pay much. However, thinking about what to do with extra money is...
Buying a house is one of the most challenging undertakings for anyone. It’s not just about moving from one neighborhood to the other but also the financial management part. Most homebuyers seek financing to pay for a house, leading to a mortgage application.
Applying for a mortgage is not always...
You may have heard that U.S. President Donald Trump proposed ending a federal student loan forgiveness plan in his 2021 budget.
His proposal would terminate a popular program for federal and nonprofit employees that forgives student loan debt after 10-years of on-time payments. It would also reduce the number of repayment...
Financial Skills Toolbox
A toolbox is a dangerous place, it contains hammers, saws and nails. If used eloquently they can build your financial fortress. On the other hand, if those using them do not have the experience or the patience to learn how to use them, they can cause unintentional...
Earn it and spend it because you only live once, this is the YOLO lifestyle.
FI seekers earn it then invest it building their way to financial freedom. This delays gratification, but gives greater freedom later on. Those who are successful in their FI journey will so win control over...
Most of us have to sell our time for money. For those who feel that this is an invisible prison, financial independence (FI) shatters these invisible walls. The journey to FI is decades long, hard and difficult, but the end goal of a more fulfilling life make the pursuit...
Investors and homebuyers sometimes go for foreclosed properties as it allows them to buy properties at a fair price. As much as you can find foreclosed properties with decent prices than newly listed properties, they come with pitfalls. Below are the pitfalls to watch out for when buying foreclosed...
As you grow older and become more independent, you realize that your physical health is not the only thing that matters. A healthy financial life helps alleviate your stress levels and promotes a more stable lifestyle.
Although there is no specific score or number that measures our financial health, it’s...
To work from home is a goal many people have set as part of their 2020 resolutions. When asked to choose, millennials are known for leaning towards getting more time to themselves than money, which is why remote jobs are increasing at a rapid pace.
Deciding on how to begin...
More money. We all wish we had a bit more. Right?
To buy that fancy dress, new gadget, save more for a vacation, pay off debt or a cool dinner date.
This article features some unusual yet effective ways to make money.
You can make an extra dollars without spending much of...
