Whether you want to buy a house, a car, or rent an apartment, you need a good credit score. If you don’t have a high score on your credit report, that doesn’t necessarily mean you can’t buy big-ticket items or find a place to live. But it does mean that you’ll pay more to buy the same items as someone who has a better track record with the credit bureau.
There are people who live a wonderful quality of life making five figures and those who struggle with a six-figure income. The difference is the way they handle their money. If you are careless with money, you will live a stressful life caused by outstanding debt. Thankfully, you can change the way you handle money and end the in-debt way of life. Below are a few tips to help you achieve success. Read more
Samuel L. Jackson and company never seem to tire of interrogating you about what’s in your wallet. They do this while pressing you to add a product that almost certainly shouldn’t be there. It is not just to cure your hopeless case of Costanza wallet. It is to help you gain better financial hygiene. Not only that, but it is remarkable how much better your situation can get by eliminating the things you carry with you. That is not to imply that removing a few things from your wallet will magically fix everything. But it is the beginning of a solution.
There are two major problems that have to be addressed in every financial crisis:
- You don’t have enough money to cover your expenses regardless of what you do.
- You are spending the money you have in a way that is contributing to the crisis.
Just about every financial problem has its origin in one of those two buckets. They are both buckets of hurt. The first problem cannot be easily addressed. You will need to increase the amount of money you make or decrease your lifestyle to fit the budget you have. The second problem can be addressed. Let’s take a look at a few of the things we can remove from your wallet that will help to address the problem: Read more
If you earn a good living, enjoy a comfortable lifestyle, and appear to have no financial worries, it doesn’t always mean you’re good at managing your money. It may just mean that you’ve figured out how to earn well.
Two ways that you can improve your money management skills are to get better at managing your credit cards and get at planning your retirement. Read more
In the not-so-distant past, making money solely from generating and sharing information was considered a pipe dream. Today, savvy people are doing it all the time, and so can you. We live in the Information Age, so why not take advantage of it by making money with your own info and expertise? It can be done, and it’s not as hard or as expensive as you might think. Read on to learn about how you can make money as an infopreneur by sharing your thoughts and ideas with people who want to learn what you know. Read more
How can you prepare your children for financial health? How can you give your children and teens a head start towards financial success?
As a parent, your children are looking to you for advice, guidance, and modeling. Young children model spending, saving, and earning habits. Teens learn financial literacy by watching what they do. You can set the course for financial success by practicing smart financial habits.
In the United States, only 17 states require high schools to offer at least one course in financial literacy. Many teenagers never really learn the basics of budgeting, managing money, communicating about finances, and assessing risk.
You can help your young children and teenagers develop good financial habits.
Here are 8 tips to get started right away.
Financial goals seem to be one of the most challenging to achieve. As a result, many succumb to debts, loans, and other financial aids. These means may help you with your current needs but may not help your future finances unless you use them for business ventures and other income-generating investments.
One reason why many find it hard to reach their financial goals is not knowing how to do it. To get you started, here are the following tips that might help with your financial journey:
It takes discipline and foresight to look ahead to one’s retirement. However, if done right, the payoff can be well worth the initial consideration. The biggest aspect of retirement to understand is that the earlier you start making changes and being a part of the savings equation, the better of you will be.
The key is to make savings a priority right now. Also, you need to remember that we are in a constantly evolving environment where foreign exchange currencies can depreciate and appreciate on a daily basis. There are so many factors that go into the retirement equation that it may seem daunting. However, establishing a few goals will really help focus your efforts. Read more
Cryptocurrency has been shaking up the financial sector for a few years now, far longer than most analysts predicted after the Bitcoin crash in 2011 which saw the pioneer cryptocurrency take a 93% drop. However, despite some teething issues, including a drop in value of over 80% over the course of 2018, Bitcoin is still going strong with experts in cryptocurrency even going so far as to refer to the cryptocurrency as the “greatest investment opportunity of our generation”. While we cannot say for sure that that is true, we can make an educated guess as to the future of cryptocurrency, and so far, the news is good.
However, before a person goes out and invests in Bitcoin for their retirement, there are some things they will need to know in order to decide if it is the right investment for them. Read more
Freelance workers earned $1 trillion, almost 4.8% of US GDP, during 2019, and the freelancer market has grown to 57 million workers, representing around 35% of the US workforce.
If you are considering joining the growing pool of people who are starting their own freelance business, then there is a massive range of digital tools out there to help you get started or help your business to flourish.
One of the more significant benefits of a modern smartphone is that, with the correct apps, it can be as useful in running your business as any laptop or desktop computer. The latest generation of smartphones has a vast amount of storage and processing power.
The same technology that allows you to quickly switch from playing full-length movies in HD to a lightning-fast round of KO-Poker, to playing a mobile version of your favorite AAA console title, can also be turned to business uses. The right set of apps for your phone can help you organize your business, get new customers, promote your services, and take care of your taxes, all without needing to be tied in to one place.
In this article, we’ll be looking at some of the best apps for an aspiring freelance entrepreneur.