While we recognize the importance of saving, far too many Americans either don’t prioritize saving or simply lack the financial flexibility to create and keep a sufficient savings strategy. Read on for a look at the reasons that so many Americans struggle to save.
So you want to start investing in stocks but you don’t have a lot of seed money? Don’t be intimidated. It’s not as expensive as you think to get into the stock market. It’s entirely possible to begin investing in stocks without a fortune in your back pocket. If you're looking to jump in with a few dollars and learn the ropes, what follows is a step-by-step quick-start guide. Read on and check out these ten steps for getting into the stock market with a small budget.
Wondering whether now is the right time to start planning for retirement? The answer is yes. It doesn’t matter who you are, how much money you make, or where you are in your career. It’s never too early to start thinking about your future. If you take the right steps now to prepare for retirement, you have a much better chance of leading the life you envision once you close the book on your career. Check out these tips and begin your retirement planning today.
More than ever before, Americans are contemplating the idea of early retirement. But it isn’t easy, and it could take some seriously frugal living and meticulous planning to earn yourself a post-professional lifestyle sooner than later. But it can be done. Read on for a look at the strategies that could help deliver you to that sandy shore, scenic overlook, or late morning wake up while you’re young enough to really enjoy it.
Work on this article began when Bitcoin was trading at $60,000. Today (6/18/22) it has fallen below $20,000. Ethereum has, proportionately, taken an even bigger hit. And except for some well-backed stable coins, most cryptocurrencies are at the moment cratering. With inflation high and a recession looming, cryptocurrencies are now being dismissed as an example […]
A fixer-upper can be a great investment as long as you know what you’re getting. Here, we discuss the best strategy for finding the right work-in-progress home along with a look at the Pros and Cons of Buying a Fixer-upper.
Getting a new home is a pretty big decision, so you obviously want to consider all of your options first. You’ve probably also noticed just how competitive the housing market is these days. If you find your dream house on the market, there’s a pretty good chance that dozens of others also think they’ve found their dream home. So wouldn’t it just be easier to build your own home? Well, if you’re looking for a home that checks off every box on your wishlist, it might be preferable to design, contract out, and build your perfect dream house. But it might not necessarily be the most affordable option and certainly isn’t the easiest way to get a new home.
Bad credit can seriously derail your dreams of home ownership. Your credit rating will be a key figure used by mortgage lenders as they evaluate your ability to repay a home loan. Your credit rating will play an important role in determining both the total sum of the loan banks are willing to provide you for a new home and the interest rate that you’ll pay each month on top of your original loan. For those with poor credit, buying a home may even feel like an impossibility. But there are actually home loans designed to assist prospective buyers with bad credit.
What is cryptocurrency? Should cryptocurrency be part of your investment strategy? We cut through a lot of the hype and complexity surrounding cryptocurrency so that you can understand the risks, the benefits, and the opportunities in this emergent system of alternative currency and exchange. In the simplest terms, crypto tokens are virtual currencies that can be used to make transactions without passing through conventional centralized financial entities or institutions like banks, stockbrokers or exchanges. The idea behind this decentralized financial (DeFi) system is to create a form of financial transaction that is at once more secure and transparent than traditional finance and, simultaneously, more private, more accessible, and less beholden to fees or regulations than traditional finance.
You’re expecting a baby. Congratulations! When it comes to parenthood, there’s a lot to look forward to. Because having a child is expensive, there’s also a lot to think about. In fact, the cost of raising a child ballooned from $233,610 in 2015 to $267,233 in 2021, according to recent data from the Bureau of […]
Since the United States taxes based on citizenship, if you’re an American citizen or permanent resident, the IRS will follow you all over the world, demanding you pay taxes on everything you earn, even if no US resources were involved in generating your income. Even moving to a country with no income taxes won’t reduce […]
The best cryptocurrency trading platforms support investors as they get started with this revolutionary new wealth building strategy. Naturally, each one of these exchanges offer different levels of service and customer support, setting themselves apart from each other with varying degrees of security on each transaction, with all sorts of user experiences. And there’s no […]
Getting a job to earn money during your teen years is a good idea for several reasons. First, you can learn valuable skills and acquire valuable knowledge while you’re working. You can gain experience in everything from technical skills like how to use computer software or operate a cash register, to communication and customer service […]
While no Asian countries function as a pure tax havens, various locations in Asia have governmental structures, banking, and finance laws beneficial both for individuals and for businesses concerned about reducing their taxes, protecting their assets, expanding their investment strategies, and having confidentiality in their banking and financial transactions. We will survey some of the […]
“Income” generally refers to funds paid to a business or a person providing a service, manufacturing or selling a good, or received through ownership of an investment. When people think about generating income, they mostly consider active ways of doing so through a job or self-employment. But is there another technique that would allow you […]
Owning real estate has historically generated impressive returns for some wise (and fortunate) investors. But how do real estate investments compare to other investments available in the stock market? Comparing a long or short-term investment in real estate to a stock market investment can be a bit tricky. This is mainly because it can be […]
The Problem of Taxation Taxes. They’re the bane of the existence of honest and hard-working people everywhere. We’d much rather preserve our capital for the benefit of our families and for important charities than pay the bill for all manner of government waste and inefficiency—often in the service of projects we would rather not support. […]