• 5 Financial Lessons That You Should Know by Heart
    Finances,  Money Matters

    5 Financial Lessons That You Should Know by Heart

    There are many financial lessons that you should know by heart. But unfortunately, most people don’t learn them until they have to deal with the consequences of not understanding them. So here are some important lessons and how to avoid making the same mistakes as others who didn’t heed these warnings ahead of time. You Need to Live Within Your Means You can’t afford to know how much money you have because that will result in confusion and stress for all involved. In turn, you will end up struggling since you are not tracking nor living within your means. Therefore, even if you are filing bankruptcy, keeping accounting records for…

  • Finances,  Money Matters

    The Best Financial Decisions You Can Take This Year

    The pandemic hit personal finances hard as countless Americans had to bear the brunt of pay cuts. Job losses were rampant too, and people had to make some tough choices to survive. Even as things get better, there is a widespread fear of looming recession. You have more financial decisions to take this year to stay safe and prepare for a stable future. The choices could be challenging, but they can keep you afloat in a crisis. Let us list the ones you should consider sooner rather than later. Create a debt-clearance plan You may have accumulated debts on credit cards and loans over the last year. While borrowing offers…

  • A Guide For Avoiding Financial Troubles
    Finances,  Money Matters

    A Guide For Avoiding Financial Troubles

    Getting into financial trouble is not ideal. It can hinder your confidence, quality of life, and put a lot of pressure on your money situation. Avoiding financial trouble is more straightforward than you might think. With the right knowledge, you can work on improving your financial stability and avoiding financial troubles. On that note, use this guide for how to avoid financial troubles. If you are in debt, get legal help to get you out of it First things first, if you are in debt, you will want to get out of it as soon as possible. This is the number one step to attaining better financial security and stability.…

  • Finances,  Money Matters

    How to Take Control of Your Finances Once and For All

    Life can be very stressful at times especially in the world we are living in. the last year and a half has been a game changer with the ongoing Covid-19 pandemic. Anytime you are dealing with your health, that adds even more stress to your life. If you’re a parent, that’s even more stressful seeing that the kids have started back to the school. If you don’t have control of your finances, this will add even more stress to your life. It has been reported that a whopping 80% of Americans are caught up in a chain of debt. Once upon a time, my family would be included in the…

  • Could Your Passions Pave The Way For A New Career Path?
    Business,  Career,  Employment,  Finances

    Could Your Passions Pave The Way For A New Career Path?

    They say that if you find a job you love, you’ll never work a day in your life. The past year has got many of us thinking about what we want to do in the future. While many people have had to change careers or get a new job as a result of unemployment or temporary loss of income, others have been inspired to think about making a change to enjoy better job satisfaction and a healthier work-life balance. If you’re considering taking a new path, could your passions and hobbies pave the way for a career change? In this guide, we’ll explore some steps to take to turn an…

  • Self-Directed IRAs: Save Smartly With Alternative Investments
    Finances,  Guest Post,  Investments,  Money Matters

    Self-Directed IRAs: Save Smartly With Alternative Investments

    Many well-informed retirement savers are increasingly turning to self-directed IRA (SDIRA) to seek higher returns and allow more diversification in their investment portfolio. This is because SDIRA allows investors to own assets beyond the traditional options – CDs, mutual funds, ETFs, and stocks. By investing in alternative assets, risk-willing investors can potentially earn higher returns and build a significant wealth at retirement. 1. What Is a Self-Directed IRA? A self-directed IRA is an IRA type similar to traditional or Roth IRA, having the same contribution limits and allowing you to save for retirement on a tax-advantaged basis. However, the difference between self-directed and other IRAs is the freedom to expand…