Understanding how to invest your greenbacks wisely begins with understanding where you can put your money. How can you begin to choose where to put your money until you know what’s out there? This article will briefly go into the common types of equity that exist, to help you decide where to invest.
What is Equity? Continue reading
Welcome to the maiden voyage article of Thrifty Thursdays, part of the Weekly Wisdom division of this blog. I’ll be submitting one post each Thursday to help us become lean, mean, thrifty gleaning machines!
Don’t rely on wishing and hoping your finances will magically be where they need to be for you to retire comfortably. Some easy planning now can prevent stress in the future. Continue reading
The difference between choosing to invest in a Traditional IRA over a Roth IRA could be tens of thousands of dollars over the course of your investing career. There are pros and cons to both, and choosing the correct one depends on your circumstances now as well as your circumstances at retirement age. Continue reading
Congratulations – you’re going to buy a house! (If you’re not sure you’re ready to become a home owner, check out the homeowner’s pre-check list.)
In my experience, buying a home feels something like this:
You want the one close to work with the extra room. Your SO (significant other) wants the one with the large tub closer to the school. The real estate agent wants the highest priced one they can convince you to buy (obviously). The seller wants you to pay 15% above market value. The loan officer just wants you to buy the thing as fast as possible so they can move on to the next one. In all this chaos, who’s Continue reading
Welcome to the first weekly installment of Motivational Monday (MoMo). I could write for forever about what, when or why you should make changes in your financial behavior, but until you achieve some level of inner resolve, it will be difficult to create change. I’m going to dedicate a post every Monday to inspiring ourselves to get motivated and stay disciplined.
What is Discipline? Continue reading
Whether you’re looking to purchase your first home or buying your 14th property as a landlord, there are many things to think about when buying a house. When I purchased my first home, most of the things going through my head were warm-fuzzies and not the practical, prudent things I should have been watching out for. I was the jolly, ho-ho-ho Santa instead of the Santa who checks his list twice. Being thorough and informed is incredibly valuable when buying a house. After all, Continue reading
I’ve been running a theme this week around credit – why you need it, how to get it, and this article will go into how you can best protect that precious three-digit number from dropping.
Protecting your credit is something that everyone wants to do, but not many people understand how to do it. There has been a growing trend of companies having private, sensitive customer information being hacked. For example, Continue reading
In one of my last articles, we went through all the various reasons why credit matters. However, understanding that you need solid credit is one thing; understanding how to get it is entirely another. This article will go in depth describing what works well to build credit, what can harm your credit, and debunks a couple of known myths around credit scoring. Continue reading