It’s practically a commandment of sound financial management that you should never throw good money after bad. And that means never taking out a loan to pay down debts, because in so doing you just create a cycle of more debt, more stress, and less control over your own finances. Like all rules, though, this […]
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Author Archive | Paul Vachon
10 Principles of Psychology You Can Use to Improve Your Trading
Trading carries a much higher risk than other commonly used investing strategies, such as long-term investments in bonds, ETFs, mutual funds, or stocks. If you have a low risk tolerance or are trading with funds you can’t afford to lose, you shouldn’t be trading. There is no one strategy that will ensure success in every […]
When Every Penny Counts: Expecting the Unexpected When Cash is Low
When it comes to managing our personal finances, we are all different and while some of us seem to be able to take a potential financial crisis in stride and remain calm while we find a solution, others can get stressed by their lack of preparation for such an event. Whatever your normal reaction to […]
Questions to Ask When Shopping for Affordable Car Insurance
When you are trying to find ways to save money and live a more frugal lifestyle, one of the first places many people look is at car insurance. While almost all states make it a legal requirement to have insurance for your vehicles, state minimums are quite low. This allows you to find affordable insurance. […]
Investing Basics: 7 Common Types of Mutual Funds
Mutual funds are one of the most popular investments not only because of the diversification they provide, but also because of the many types available and the fact that they are managed by professional portfolio managers. Here is a brief description of the seven most common types of mutual funds: Money Market Funds One […]
How to Improve Air Quality in Your Home
There are so many different things that a homeowner has to keep up with in order to keep their residence and all of its systems running smoothly. Without a lot of hard work, it will be nearly impossible for a homeowner to avoid issues within their home. One of the biggest concerns that a homeowner […]
