Start your financial planning early in life to receive the rewards that come with Making, Saving, and Managing Money. We start out without a care in the world, mom and dad take care of everything. Get ready to hit the real world and realize we are not prepared to manage our money.
Reported by USA Today, virtually 2/3 of Americans are in debt. Of those, almost half have quit paying one or more of their credit cards(they should call these roadblocks to your future). These roadblocks are not impossible to pass, you can take a different path to get going in the right direction.
Get Out of Debt Do you have the willpower or desire to get out of debt. Most people are looking for quick fix, there are no quick fixes. Anything you want to accomplish takes time and discipline. First you need to look at how you got there in the first place.
Find all the items you can live without. Doesn’t matter what you have or think you need. Can you live without these things?
Deposit Accounts and Savings. In this article I am not talking about investing your money. To me investing has more to do with the risks you take with your money, so the rewards can be much bigger. You first need to start saving your money and understanding the principals associated with basic saving in order [...]
The Importance of Retirement Planning The constant cry to “save the Social Security System” is fueled by the realization that there are serious threats to the system. The Social Security benefits of today’s retirees are largely paid by the contributions of people who are currently employed. As the Baby Boomer generation enters retirement age (currently [...]
There are so many things that could go wrong when you are saving up for retirement. You have seen it in the this recession. There is no reason for this not to happen again. The road to your retirement is difficult and complicated but this does not mean that it is impossible to make enough [...]
Compounding interest is a wonderful thing, deposit or invest your money in any kind of deposit account. Interest you earn must stay in the account for this interest to benefit you. This is such a simple calculation, but the value of understanding how to double your money with compounding interest is priceless. RULE OF 72 [...]
Better Watch Out! 6 Online Scams That Could Steal Your Joy My Favorite Bank posted this great article. Keep the jingle in your pocket and ward off fraudsters this holiday season. Cybercriminals are always hard at work this time of year. They’re corrupting e-cards with viruses, creating fake online auctions, imitating charity sites — all [...]
Lot of questions about converting Roth IRA’s to different investment plans. Of course sometimes you realize you made a mistake. This is an excellent article about how you can fix your mistake. If you would like to see more articles about IRA’s and retirement planning just leave a comment below and we will find that [...]
In this weak economy, it can often be very difficult for people to open checking accounts because they usually have to place an initial deposit before they are able to open a checking account at most banks. This deposit can amount to as much as $100, which can be difficult for many people to pay [...]
The unemployment rate in the United States was last reported at 9.1 percent in August of 2011. If your jaw has dropped in shock, then you must be relieved to know it’s a decline from the last year, when the unemployment rate rose to above 10%. A number of people lost their jobs due to [...]
Have seen some interest on the site about this subject of rolling your 401k in real estate. So I read up and found a great article here. Had to give it a few updates, since real estate value have declined, but real estate is a long term investment and so is your retirement planning. Ground [...]
Reviews of The Mango™ ® Prepaid Card and the Walmart MasterCard® Prepaid Card There are many Americans who choose to not have a checking account. There are other Americans who cannot open a checking account due to a poor banking record from writing fraudulent checks or due to a poor credit history. Many of these [...]
How To Get Approved For A Checking Account When You Are In ChexSystems If you have attempted to open a checking account, but are constantly being denied, it is likely you are in ChexSystems. You may be asking, “What is ChexSystems?” ChexSystems is a reporting agency that you are probably not familiar with, but this [...]
Compound Interest – The Not-So Secret Power Did you ever sit there and just wonder how did the richest people in the world get so rich? We have Bill Gates (Microsoft) with $50 billion, Warren Buffett (Berkshire Hathaway) with $40 billion, Lawrence Ellison (Oracle) with $27 billion, the Walton family with $21.5 billion and not [...]
When you ask people what their biggest problem is when it comes to starting a business, the answer usually is getting the money to start the actual business. Some people save up but if you had the money, you would not need to get a business started in the first place. Sometimes, family can help [...]
