Many people suffering from bad credit want to buy a car or refinance an old loan. Most will wonder if they can refinance loans to get a better rate or monthly payment. Often times people are unaware of their credit and how it affects loans. Lenders understand many factors can contribute to a persons credit […]
Many Americans are foregoing luxury expenses like high car payments, vacations, and gym memberships in order to combat the struggling economy and rising costs of everyday expenses like food, gasoline, and other essentials. Fast food restaurants are beefing up their value menus in attempts to lure budget-conscious consumers through the door, and people everywhere are […]
Many Americans are foregoing luxury expenses like high car payments, vacations, and gym memberships in order to combat the struggling economy and rising costs of everyday expenses like food, gasoline, and other essentials. Fast food restaurants are beefing up their value menus in attempts to lure budget-conscious consumers through the door, and people everywhere are […]
In the investing world (and in the business world as well), the formula for success is to “buy low, sell high”. Due to its “instant results” nature, the stock market is like a dream come true for investors hoping to strike gold using that exact formula. Although the strategy sounds simple, as most investors (and […]
A few years ago, I designed a game to teach people how to master wealth creation. For this, I used the basic Monopoly game but changed the rules somewhat to create a situation that follows the six stages of the Money Program. In my version of Monopoly, in order to win, the players need to […]
The effects of the credit crunch are still having an effect on people’s personal finances and the country’s economy has not yet returned to its normal state, it has been claimed. Economist at the Centre for Economics and Business Research Charles Davies said that both consumers and businesses are being affected by the credit crunch, […]
The good news about the Internet is the information we can get our cursors on instantly; the bad news is the information we can get our heads around instantly, but without any way of gauging accuracy, relevance, or completeness. This is particularly evident in the financial-investment-retirement world, where thousands of websites tell us how to […]
If full-time ownership, plus the responsibilities and liabilities the come with it are too much for you, you may opt for a time share instead. Time shares part-time ownerships that allow you to share in the costs and responsibilities for a property. This works well because you do not have to shoulder the burden of […]
There are two sides to wealth creation, earning money and spending it. In essence, if we spend less than we earn, we will ultimately, progressively become rich.
However, I also like to reinforce the other side of the wealth equation, income, because most budgets and money management programs focus too heavily on reducing the expenditure, which […]
Identify theft is quite common in the United States, much more common than many of us think. Actually it is one of the fastest rising crimes in America, to make matters worse not only is it one of the most difficult to detect but one of the hardest to solve. The United States government has […]
