Many American consumers worry about how much money they should be “saving” every month, debating the merits of saving 10% as opposed to 25% or whatever number that they feel is “correct”.
The fact is however that it’s not the amount of money that you save that will build wealth, per se, but what you [...]
We recently ran a blog about the importance of setting up a budget, one of many that we’ve run here for our readers. Today’s blog is about setting up your new budget as easily as possible and, to that end, we have 7 Easy Steps below that will help you to do just [...]
I have a dream of retiring in my 50’s, even sooner if I can somehow figure out a way. This is probably why I work a day job, a side hustle, and I am constantly looking for passive income streams. A passive income stream is where you essentially don’t have to do anything to earn [...]
With retirement on the horizon you should perhaps pause for a moment and decide whether you are ready. Temperamentally and physically you may certainly be well prepared but what about the finances? It is a strange time at present; recession has faded and interest rates are low. Real estate has certainly recovered but it is [...]
December is the time of the year when annual performance reviews are on every employee’s mind because, in many cases, a good review means a raise and subsequent increase in income for the next year.
Business consultancy group Towers Watson recently surveyed 337 US companies however and found that, in 2015, they plan [...]
We’ve said it here before on our blog and we’ll say it again; a budget is a vital financial tool that every American consumer should be using.
Today’s blog isn’t about showing you how to set up a budget, it’s more about [...]
One of the biggest questions that most consumers have when they finally decide to pay down their debts and start living debt-free (or as close to it as possible) is simply this; which debt should be paid off first?
It’s an interesting and important question, to be sure. For consumers who only have 1 or [...]
If you’ve just decided to start investing in the stock market, chances are you have dozens of questions. Today’s blog is going to give you some basic, but vital, information about the difference between Common Stocks and Preferred Stocks. Hey, you have to start somewhere, right? Enjoy.
Before we begin, one thing to [...]
If you think going to your employer when you have questions about your 401(k) or about decisions you need to make concerning it, listen first to what Gary Gensler, the former undersecretary of the Treasury, had to say about that course of action – “Your 401(k) is usually organized by people [in your company] who [...]
Looking to invest in property? It’s a big step to take and one that is not without its risks. Getting things right from the very start is crucial if you want to fully ride the investment profit wave. Choosing the right mortgage product can tip the balance in your favour, providing you with a more [...]