When the time comes to look at life insurance and all the different options, it can be challenging to determine not just how much coverage you need, but what life insurance plan is the best option for you. You have two main options for coverage, permanent insurance or term life insurance. Both have their […]
Financial Advice I Wish I Followed as a New Parent
Becoming a parent for the first time is the most wonderful events anyone can experience. I have two wonderful children and my life would not be complete without them. For any new parent, there are lots things things that you will need to figure out. Below I share some financial advice I wish I followed […]
Using Credit Cards Responsibly: The Double Edge Sword Explained
Depending on your credit habits, you either have a love or a hate relationship when it comes to credit cards. If you love them, it’s likely because you’ve found a card that offers you a top notch rewards program or a low interest rate. With the right credit card you can travel for free or […]
The Best Brokers for Penny Stock Traders
Penny stock traders have unique requirements when it comes to selecting a broker. Since most penny stocks trade below $5, fees must be minimal, and multiple trades must be supported. Take a look at this list of the best brokers for penny stock traders in 2018. Robinhood Robinhood is the only broker that […]
What to Do If You’re Caught Driving Without Insurance
Almost everyone knows that it’s illegal to drive without insurance, but the threat of penalty points, huge fines and disqualification isn’t enough to put some people off. It’s thought that around 4-5% of drivers in the UK and 10-12% in the U.S, frequently take to the road with no insurance. It’s especially tempting for younger […]
How to Start Saving With Gold And Silver
In both Canada and the U.S., personal and household debt is at worrying levels. The New York Times reported that in 2017, Americans accumulated more credit than they had even at the peak of the credit bubble that preceded the 2008 recession. Even more concerning – Americans owe more than $1 trillion in […]
How to Handle Debt Collections and Debt Judgements
Americans seem to have learned little from the financial crisis of 2007-2008 and are currently struggling with over $12.7 Trillion in debt. If that wasn’t bad enough, recent college graduates are chained with crushing student debt of $1.3 Trillion. More and more Americans are falling behind on debt payments and are facing collections. Contrary to […]
The Hidden Costs of Owning a Home
Owning a Home – Investment or Expense? Owning a home has long been the American Dream. A recent survey by the National Association of Homebuilders (NAHB) uncovered that 75% of Americans still believe that owning a home is the best long-term investment they can make. According to a recent report by CoreLogic, negative equity peaked […]
5 Easy Ways to Save Money
The habit of saving is itself an education; it fosters every virtue, teaches self-denial, cultivates the sense of order, trains to forethought, and so broadens the mind. –T.T. Munger Here’s a fact: It’s much harder to save these days. The culprit: FOMO (Fear of Missing Out). Case in point: The latest batch of iPhones […]
Activities to Tick Off Your Bucket List When Traveling in Utah
Utah, a classic gem to all who visits the state. This place offers a wide range of activities for kids and kids-at-heart, for passersby, for enthusiasts, and road trippers. If you are on the lookout for top things to do in Utah, then adventure, splendour, and a rich culture await you. Add up to […]
Top Travel Tips for Those Traveling to the United States
The United States continues to be one of the top travel destinations in the world for good reason. The U.S. has some of the most scenic landscapes that you will find along with popular tourist attractions such as The Grand Canyon, Yellowstone and Yosemite National Parks. There has never been a better time to book […]
The 5 Components of a Perfect 401k
For the average American, managing a 401k sounds like a painfully complicated problem that haunts you for a lifetime. That’s because in most cases, it is! Have no fear – with the correct guidance and knowledge, 401k management can be a piece of cake, even for a beginner. After all, it’s a retirement plan that […]
Smoking Cigarettes is Hazardous to Your Financial Life
The New Year is a great time to look at making changes and many people include losing weight or quitting smoking as a goal. It’s no secret that the cost of a pack of cigarettes has risen dramatically over the last several years but there are other costs of smoking that you may not have […]
Frugal Tips for Pet Owners
If you are on a limited budget, but you still want to have a furry friend, it’s possible if you plan ahead and make smart choices. Owning a pet can be costly, but it’s entirely doable to be a frugal pet owner. It’s also important to be a responsible pet owner no matter […]
Investing Basics: How a Roth IRA Can Benefit You
Planning for your retirement is not something you want to leave for the last minute. In reality, you should begin saving for retirement as early as possible. Many methods will help you plan for the golden years, some better than others. You’ve likely heard of an IRA account, but have you heard of a Roth […]
Getting It Right: How Much Life Insurance Do You Need?
Life insurance is a great solution when it comes to securing a financial safety net for your loved ones. Deciding on how much life insurance you need can be a bit tricky. Before you decide on how much life insurance you need, it is best to first determine if you need life insurance, the […]
How to Manage Your Small Business’s Finances
Your small business takes money seriously. Having your financial affairs at the front of your mind as a business owner means you always know how much cash is coming into your business—and how much is going out. If you want to make smart choices and grow your business well into the future, you need to […]
Debt Management Plan or Debt Relief Order?
People often find it really hard to face up to their debt problems because they believe that there’s no real way out of them. Many people worry that bankruptcy is the only answer to serious debt issues, but there are other solutions that aren’t so drastic. Two popular options for resolving serious debt issues […]
5 Easy Ways Free Online Tools Can Help Stretch Budgets
Free online tools can be a time saving solution to search for the best deals on recurring household bills all under one site. Comparison websites such as Squeeze.com allow consumers to view cost-saving rates for cell phone, cable and internet services, and the best interest rates for home mortgages, personal loans, auto loans, credit cards, […]
A Time of Need: Some Easy Debt Management Strategies
Each year, Americans pay more than $100 billion in credit card interest and fees. That money does not touch the debt itself, so the interest and fees keep coming. Such high-interest indebtedness is very convenient. All you have to do is swipe the card. Over the long term, however, such payments simply are not sustainable. […]
How to Buy Life Insurance without a 2 Year Waiting Period
Out of convenience, most people prefer getting life insurance covers either through their phones or internet. These people do not want to go over long application process that takes weeks and sometimes months to complete. Unfortunately, most of those policies come with graded benefits until after 2 years when beneficiaries can get the entire face […]
Saving vs Investing – Which is More Important?
We all want to get our money working for us. Whether it be purchasing a home, investing in the stock market, or starting a business. The thought of our money simply sitting in a savings account seems to gnaw at most of us. Maybe it’s because people are becoming more accepting of the fact […]
Ten Quick Ways to Save Money on School Supplies
Whether you’re buying for yourself or for your kids, it’s no secret that school supplies often end up costing a small fortune. It’s a necessary expense, but one that doesn’t need to be as expensive as you may thing. If you want to save money on the things you would normally buy, all you need […]
Spending Too Much? Try This Simple Budgeting Strategy Now
The first step in solving any problem is admitting you have a problem. Overspending is no different and the sooner you face the fact that you are spending too much, the sooner you will be on your way to getting your spending under control. Step 1 – Own Your Spending Being able to see […]
Help Pay for College by Buying a Rental Property in a College Town
The cost of a college degree continues to outpace inflation and shows little sign of slowing. When it comes for paying for college, parents and students should look closely at room and board which can makeup close to half of the annual cost of your four-year degree. With demand for off-campus rental housing increasing, financial […]
3 Steps to a More Balanced Life
Having and maintaining a balanced life are important. In a previous article about 8 ways to overcome the fear of success, maintaining a balanced life is an essential part of achieving the success you have always wanted. It helps you get to the level you want to be without sacrificing other parts of your life. […]
Want A New Home? 5 Smart Ways to Save Money on Your Mortgage
Buying a new home is a monumental decision for any person, and it’s easy to feel overwhelmed by this huge financial burden. While the prospect of home ownership is enticing to many people, failing to prepare for mortgage payments will lead to more harm than good. That’s why it’s important to know some techniques on […]
Top 11 Jobs You Can Land with an Associate Degree
With the average cost of a four year degree costing upwards of $38,000, more students are looking into careers that require an associate degree. Not all programs will prepare candidates for the necessary certification and licensing requirements so carefully researching whether the program is accredited is essential. Here is a list of the top 11 […]
Frugal Living – How to Implement a Frugal Lifestyle
Frugal living is not something anyone should look down on. It’s a common misconception that frugal living is the same thing as living cheap, but it’s not the same thing. Some of the wealthiest people in the world live a very frugal lifestyle. Warren Buffett has lived in the same home since he first […]
5 Must Read Personal Finance Books for Managing Your Money
Below is a list of what I feel are the best books out there if you are interested in learning how to better manage your money and build wealth. Feel free to leave a comment and let me know your thoughts after reading on of these books… 1. Think and Grow Rich by Napoleon […]
Keeping Your Home Pest-Free and Comfortable
You don’t change the oil in your vehicle only when it breaks down, or clean your dishwasher or washing machine when it stops working. Your vehicle, as well as your appliances, need regular maintenance in order to keep them working efficiently. You don’t wait until it is too late, but instead, you take proactive steps […]
