How much money do you need to live on when you retire? While the answer varies depending on whether you plan to live a quiet life in your paid-off house or travel the world and see the sights. Either way, however, you should aim to save about 80% of your preretirement income for each year […]
You know that credit card debt can put a serious hit on your financial future, but that doesn’t mean you should write off credit cards completely. In fact, if you can qualify for a rewards credit card, it can serve as a smart tool to reduce your bottom line and pay for fun extras. These […]
As someone who has done this several times over the years, I can tell you that renegotiating interest on a current account isn’t as tricky as you might think. You just need to know how to ask. Here are three effective tips:1. Build a Persuasive ArgumentNo lender is going to magically give you a lower […]
If you think you need to be a slick Wall Street type to invest, think again. That’s just one of several myths about building an investment portfolio that you may have gleaned from television and movies. Here are four more investment myths that we can debunk right now.1. You Have To Be Filthy Rich To […]
In the DOJ’s recent lawsuit against Google, the government claims the company has used unfair practices to stay the dominant online search engine and act as “a monopoly gatekeeper of the internet.” Will this lawsuit cause tech stocks to plummet?What Is the Case About?This case asserts that by paying Apple billions to be the default […]
Saving energy is good for the environment, but it also makes good financial sense. Why waste money on electricity for no reason? Here are 8 excellent tips for saving money on electricity, and they’re all easy to put in practice.1. Choose Energy Efficient AppliancesAlways look for the ENERGY STAR label when you buy an air […]
The stock market can be unpredictable to say the least. For this reason, periods of slower economic growth aren’t really a huge surprise. What should you do with your money during an economic downturn?Your GoalsThe first step in deciding your next move is knowing what you want to accomplish. Are you trying to benefit financially […]
While everyone loves money, talking about it always seems complicated and frustrating, especially communicating with a spouse. While the perception is married couples, particularly retired couples, have the kinks worked out in their relationships, that is not always the case. The truth is while a marriage is a partnership, each spouse comes into the relationship […]
Using your money wisely for investments means doing a little digging online. One of my favorite tools is the annual Form 10-K. I always check for four warning signs that say a business is doomed to crash and burn. They’ve never failed me.1. Ongoing Losses and Cash Flow ProblemsEvery corporation needs good cash flow to […]
Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” He was pretty close, but he forgot one other fact of life: inflation. No matter what country a person lives in or what type of currency it uses, inflation is something that’s impossible to ignore.What Is Inflation?In […]