Author: Susan

July 10, 2019

How Can Forex Trading Make You Money?

Can you really earn money from Forex trading? Most will probably answer “no,” but if you understand how Forex trading really works, you can actually make a profit out of it.

While it is possible to make a profit out of Forex trading, the odds are all against you, especially if you don’t take the time to plan and prepare to trade. Even for a skilled Forex trader, the odds may still not be in your favor. Making big money in Forex trading may be something of a gamble, but once you have a successful trade, the rewards are incredibly big as well. If you want to try your luck in this trillion-dollar exchange market, you might want to look at this great dummies guide to Forex trading.

But first, you’ll need to learn how you can make money from Forex trading. Read more

June 27, 2019

4 Strategies for Dealing with Significant Debt

Living in a wealthy nation carries several benefits, but temptation to live beyond average means might be a common relative weakness.

Approximately 80 percent of Americans carry some form of debt among student loans, mortgages, vehicle loans, medical bills and credit cards. However, it’s the last category that’s by far the most dangerous. So perilous in fact that a recent consumer survey revealed that two out of three U.S. consumers don’t know when they’ll be debt free. One quarter of respondents expect to be in debt for life.

Any balance is solvable. It all depends on finding—and committing— to a solution with which you’re comfortable.

Let’s discuss four strategies for dealing with significant debt. Read more

June 26, 2019

Do Credit Cards Come With Life Insurance?

Credit card lenders do whatever is necessary to avoid financial losses. One way they do this is by including different types of insurance policies with their credit card accounts. Most credit card holders are not even aware of these insurances even though they are probably paying for them. With that said, most cardholders would probably agree to pay for the insurance policies if they thought it would pay their balances in full when they died. Below, you will discover more information about life insurance and credit card companies. Read more

June 13, 2019

Learning Forex – Where to Start

Thousands of people around the world earn a nice income trading currency in the foreign exchange market. The concept may not seem complicated at first, as buying low and selling high is easy to understand and is applicable across all types of investments such as stocks, bonds, and real estate. Yet, Forex is different. It is possible for you to make money even if you buy high or sell low. It also has terminology and strategies that can seem complicated at first. For instance, when you trade stocks, you buy stocks in one transaction and sell stocks in a separate transaction. With currency, you buy and sell in one transaction simultaneously. Read more

May 3, 2019

Five Things to Watch Out For With Prepaid Cards

If you struggle to obtain a credit card or simply want to restrict your spending to what you actually earn, a prepaid card can be a great option. It allows you to carry your digital money and will help save you from getting into debt. However, if you dig a little deeper, you will find out that things are not as rosy as they seem.There are many important aspects to consider before signing up for a prepaid card. Here are five things to watch out for that will help you understand whether they are worth it for you and your finances. Read more

May 3, 2019

5 Ways to Be Frugal On Your Wedding, But Not Look Cheap

There are only a handful of things that a person usually experience once in their life. One of which is getting married – well, ideally. Your wedding day is your special day, and that can easily make the event astronomically expensive. On average, an American couple will spend around $22,000 for their wedding. That includes the expenses for ceremony, reception, dress, and everything else that comes with exchanging vows, But it does not have to be.

If you have money to blow, go ahead and and have the works, but if you dont , being frugal can go a long way. It is not being cheap, but being practical. Marriage is not about the immaculate church, nor the glamour of the dress but the start of having a family. Meaning money can be better spent on buying a house, and eventually, childcare. The average starter home in America is $250,000. Most lenders want 5% down, which is about $12,500. You could use that as a down payment.

If that was a bit eyeopening, let’s take a look at how you can save on your wedding. Read more

April 22, 2019

How to make Your Trucking Business More Profitable

A trucking business is a big investment and it has the ability to drain your pockets even further when you consider maintenance of the vehicles and fuel fees. Nevertheless, if done properly then you can turn quite a healthy profit. Here are some of the top ways you can make your trucking business more profitable. Read more

March 14, 2019

Reasons Why 46% of Millennial Borrowers Will Keep Their Kids Away from Student Loans

Most millennials have unwillingly become part of the newest class warfare of the century. What is fueling the conflict? Student loan debt and its large-scale snowball effects on the lives of millennials who have had to depend on it for their tertiary education needs.

There has been widening wealth rift between households with student loans debts and those without. In 1998, under- 35 families under the clutches of student loan debt had a 36% less net worth than households without student debt. A household with student debt had a net worth of $68,687 while the later had an average net value of $108,146.

By 2016, this rift had widened to a whopping 75%. A household with student debt was worth $29,087 while one without was worth $114,376. Read more

March 6, 2019

Out of the Box Ways to Fund Your Small Business

If you are looking to really take the next huge step in your career and start your very own business, you might be wondering what options there are to get that first lump sum of cash to get things off the ground.

Sure, you could stroll over to your nearest bank and ask for a traditional bank loan, but in 2019, there are so many more options are fingertips. The reason why you may want to consider other options are pretty obvious.

First off, because banks are massive corporations, they have pretty strict guidelines when it comes to who is able to take out a small business loan. If you have any marks on your personal credit, for example, you could be a sitting duck.

On top of that, traditional loans are hard to apply for and can take a long time to gain approval. If you are looking to strike the market fast, their archaic way of business might not suit your needs.

Finally, because banks have a lot of costs to keep their doors open, interest rates can be quite high. Making it harder to actually start making a profit with your brand-new business.

So, what are the alternative options at your disposal when it comes to funding your business?

Continue reading to find out. Read more

February 26, 2019

Adopting a Frugal Lifestyle

You work hard for your money, so why are you so willing to spend it without giving a thought to how much everything actually costs? Many people spend a lot on things needlessly. And, because of this, they find that when it comes time to take a vacation or buy a large ticket item, they simply don’t have the money. Wasteful spending can cost you more than the money you consume. It can also affect your health and your level of happiness.