Checklists are a handy tool that many people use to help them reach their goals. By breaking down one big goal into a series of smaller goals, you can make the tasks easier and more attainable. The people over at Seed Time have created a great starter checklist for people who wish to achieve financial… Read More
How to Invest (as reported by Kevin Mercadante on cashmoneylife.com)
The decision of whether or not to invest your money should be an easy one – you absolutely should do it. But deciding where and how to invest is trickier. For first time investors looking to get started with stocks and bonds, whether to invest in individual companies yourself or put your money into a… Read More
Stop Using Spending Bans (as reported by Brock on www.cleverdude.com)
One common piece of personal finance advice seen online is a spending ban. A spending ban is a self-inflicted ban on spending for certain items as a way of saving money for a particular time period. For example, a person might say to themselves that they will not spend money on eating out for 6… Read More
What is a Reverse Mortgage? (as reported by Kevin Mercadante on www.cashmoneylife.com)
A reverse mortgage is something you may have heard of before, but most people don’t know what it means. Essentially, it is exactly what it sounds like. Instead of you making payments to the mortgage lender, they’re making payments to you based on the appraised value of your home (up to $625,500). In order to… Read More
Sad but True Retirement Stats (as reported by Maurie Backman on www.usatoday.com)
Americans today are notoriously bad at saving for retirement, which is a problem, and not just for those of us that belong to the group that has no retirement savings. Americans age 65 and up have higher healthcare costs, traditionally, and are living longer than ever. USA Today is out with a few new retirement… Read More
Investing Tips for Your 20s (as reported on www.onmakingmoney.com)
Investing in the stock market is something that every American, given the opportunity to do so, should do. It is one of the surest ways to grow wealth that we have. But that doesn’t necessarily mean that it is easy. The sooner you start investing, the better, because your money will grow over time. For… Read More
Financial Literacy Ambassador Awardees Announced
NEW YORK, N.Y. – Working in Support of Education (w!se) announced its first annual Financial Literacy Ambassador Awardees on July 28, 2017. The award recipients are: Read More
$1,000,000 IS WITHIN REACH (AS REPORTED BY DEBBIE CARLSON ON FINANCE.YAHOO.COM)
Do you want to be a millionaire? Of course you do. And while for most people that seems like a fantasy, the reality is that if you start planning early enough, saving one million dollars is not impossible. $1,000,000 is a big number, but if you break it up into smaller chunks, it gets more… Read More
WHY YOUR CREDIT CARD APPLICATION WAS DENIED (AS REPORTED BY MICHAEL PRUSER ON WWW.FIVECENTNICKEL.COM)
While it is never a good idea to spend more than you can afford at any given time, credit cards are an important financial tool for the savvy consumer. But getting denied for a credit card is a sign that something is wrong, and should be addressed. Michael Pruser, writing on www.fivecentnickel.com, lists five common… Read More
BUYING LIFE INSURANCE (AS REPORTED BY ANNA BAHNEY ON MONEY.CNN.COM)
Life insurance is not a topic people spend much time thinking about. That’s because it is only ever necessary in death, a subject we don’t like thinking much about ever. But if you have people that depend on you – a spouse, children, employees – life insurance is an important part of your personal financial… Read More