Category: Personal Finance
5 Ways to Save Money You Don’t Realize You’re Spending
We all spend money. There are basic life necessities and discretionary items we buy on a regular basis. Because spending money is as easy as swiping a credit card, it becomes even easier to spend unconsciously. Some of our financial commitments are auto debited, so we don’t even actively pay the bill on a monthly […]
10 Tips on How to Save Money in College
Among all other attributes associated to college, one thing is for sure: college is extravagantly expansive, even when all types of financial aid are taken into consideration. Balancing the tight class schedule is difficult enough for students, which is why they usually don’t like thinking about balancing a check book on top of everything. […]
At What Age Should You Start Contributing To Your 401K?
No matter which country you live in, planning for retirement is essential. When you live in the US, that means making plans for your 401k. However, the following guidelines are helpful no matter where you live (with a few adjustments, of course). So, when should you start making contributions to your retirement fund? How much […]
Going International: 5 Tips for Meeting KYC Requirements
Since the implementation of Know Your Customer (KYC) regulations, international business has been forever changed. Governments, banks, and businesses must comply with tightened security measures to combat money laundering, identity theft, and possible terrorist funding. Navigating different nations’ specific requirements can be tricky, but doing so will enable your business to expand. Here are five […]
Financial Mistakes That May Haunt Your Retirement
We all make mistakes in our lifetime. Some are better than others, but eventually we shake our heads, and wonder what the heck we were thinking. Hopefully, you didn’t ruin your financial future, but if you had a divorce fall in your path, likely you have some repairs you need to make. An illness […]
The Entrepreneurial Strategy To Overcoming Depression
It’s no secret that the high-pressure world of business can have some unfortunate effects on our health. Aside from the constant stress that comes with being a successful entrepreneur, there’s the ever-present risk of debt. We’ve all seen it happen – an investment goes awry, your forecasts turn out to be off, or a global […]
5 Reasons You Should Not Save Your Money
Saving money is counterproductive. While it’s true that you need to save some money, as repugnant as the idea may be, saving for an emergency, an unforeseen calamity and to create a nest egg for eventual investment are all valid reasons to save money. Beyond that, saving is an exercise in futility and here […]
Break the Habit & Cut the Safety Net
I read an article a while back that did a psychological profiled middle income Americans and wealthy Americans. The goal of the study was to find out the why. Why are some people stuck in the middle class? Why is it that some people are content with mediocrity? The one thing that this study had […]
6 Financial Habits Young Professionals Should Have
1) Knowing where your money is going. You’re part of a tech-savvy generation. If you aren’t tracking your spending online yet, you should be. Websites like Mint, You Need a Budget, or Manilla can serve as a starting point for not only tracking your spending, but setting parameters around it as well. Gone are the […]
Why Aren’t Millennial’s Pulling The Trigger on a New Home?
I still get the terms confused all the time…young adults are labeled as “Millennial’s”, “Generation Y”, “Boomerang kids” – all to describe Americans currently aged 18-35. Life was much easier for me as I grew up in the “Generation X” era. We only had one label similar to baby boomers. I still don’t know why […]