personal finance

The ABCs of personal finance and investing; how to invest wisely and grow your wealth.

Top Tax Planning Strategies
Paying taxes is something we all must do simply because not doing so is against the law. The great Benjamin Franklin once said, "In this world, nothing can be said to be certain, except death and taxes." This might sound whimsical or ominous, but either way, it’s true. It doesn’t matter what we do for a living, we have to pay taxes. However, there are certain strategies that might help you to minimize your taxes. So, if you want to be in charge of your finances and save some money, these top tax planning strategies will help you do it.
By Marie Nieves7 years ago in Trader
Never Use Cash Advance from Your Credit Card
I get it, taking cash from your credit card can be extremely convenient. Credit cards are becoming accepted wherever you go, but sometimes we still need to pay by cash.
By Brian Anonymous7 years ago in Trader
5 Little Known Ways to Make the Most out of Personal Loans
At the moment, the amount of money owed by individuals surges to a record $120 billion, which only serves to tell just how common this financing practice actually is. An average loan is usually somewhere between $1,000 and $50,000, and it takes between 12 and 60 months for one to repay them. The longer the term, the lower the monthly payment, yet the amount of money paid in interests will be substantially higher.
By Lucas H. Parker7 years ago in Trader
Becoming Satisfied
Woohoo! You are online applying for your first credit card; you can’t wait to receive that shiny new card in the mail so you can take yourself on a well-deserved shopping spree. But then… your application is declined.
By Isaiah Goodman7 years ago in Trader
Learn to Save Money
Money is an important thing. In this world, you cannot survive without it. Everything costs money. If you can't pay, you can't have.
By Stephi7 years ago in Trader
Becoming Celebrated
Have you ever heard someone talk about having their "number" for retirement? I loved this old ING commercial that showed people literally carrying around their "Number!"
By Isaiah Goodman7 years ago in Trader
Let's Talk About Debt
I won't bore you with a backstory of how I had gotten myself into debt. Let me just cut to the chase. It was two months before my wife and I were getting married. We lived on three incomes. She worked two jobs and I worked one. That always worked for us because I was in school so she carried more financial weight. I was about $25,000 in debt and she was about $28,000 in debt at the time. Her debt was only her car but I had a car loan, a Kay Jeweler's account, and one open credit card that I was paying off. That changed in a single day.
By Jordan Payne7 years ago in Trader
5 Mistakes People Do When Trying to Get Out of Debt
Getting out of debt is not an easy journey. It takes time, discipline, and sacrifice to successfully do it. For one, it takes a significant change in financial lifestyle and spending habits if you are determined to get out of debt. This means cutting back on eating out, buying new gadgets and jewelry, and taking vacations—all made more difficult to do by targeted ads everywhere, any time of the day.
By Marian Woodsen7 years ago in Trader
Why Budgeting Is Important for You and Your Family
Why is setting a budget for yourself important? Let's face it, we all wish we could buy everything that we desire. However, that's just not the case with many people. Money doesn't grow on trees after all, and it doesn't hurt to be a little frugal in the process. Setting a budget for yourself can actually be more rewarding than you realize. It can be a challenge for some, especially if your spending is out of control. It pays to have a budget, as not only is it important, but it can change your life around.
By Kevin7 years ago in Trader
4 Tips to Get Your Finances Under Control
We all stress about money, but many of us just stress and don’t do much about it. It doesn’t take a lot to organize your finances and start saving for important purchases such as a house or for retirement.
By Mariela Corella7 years ago in Trader
Becoming Enlightened
One thing that schools actually do teach about money is financial documents. The tough thing is that typically it's only taught in college level classes that focus on business management or accounting.
By Isaiah Goodman7 years ago in Trader
Life Settlements – Understanding the Risks and the Benefits
Essentially, a life settlement is the selling of an unwanted and ineffective life insurance policy. Holders of the policy may settle for a certain cash amount and use that money to fund other areas in their life.
By Tobias Gillot7 years ago in Trader