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Tag: personal finance

Personal Finance Lessons From Former Athletes Who Went Broke

Personal Finance Lessons From Former Athletes Who Went Broke

| September 18, 2014 | 0 Comments

Professional athletes perform jobs that only a select few can accomplish — and are paid handsomely for it. Fans follow players’ every move on the field and, when things sometimes go wrong, away from the arena. Many athletes begin playing for a living while they’re still teenagers; others spend cursory stints in college due to […]

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5 Most Common Mistakes Investors Make

5 Most Common Mistakes Investors Make

| March 11, 2014 | 1 Comment

Investment is studying the market trends carefully and yet not depending too much on past records of a particular stock that is showing up returns too good to last long. Investors make mistakes in not analyzing one’s risks properly, overdoing investment amount and showing impatience. As a newbie investor contemplating on making the best use […]

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How to Save Money without Sacrificing Your Lifestyle

How to Save Money without Sacrificing Your Lifestyle

| March 6, 2014 | 1 Comment

Nobody wants to waste money unnecessarily. That means everyone loves saving money, right? Not necessarily. I’m sure everyone knows that saving money is hard work. We often spend less by sacrificing on certain things, i.e. eating home-cooked food most of the time, buying fewer clothes, skipping vacation days and many more. While effective, these methods […]

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Home Renovation Nightmares and Lessons You Can Learn From

Home Renovation Nightmares and Lessons You Can Learn From

| January 30, 2014 | 1 Comment

A home renovation is one of the riskiest financial ventures that most people will get involved in and there is a lot of potential for things to go wrong. When things go right during a renovation you will beautify and modernise your home in a cost efficient way, but when things go wrong it can […]

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At What Age Should You Start Contributing To Your 401K?

At What Age Should You Start Contributing To Your 401K?

| December 29, 2013 | 2 Comments

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 […]

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Financial Mistakes That May Haunt Your Retirement

Financial Mistakes That May Haunt Your Retirement

| December 22, 2013 | 1 Comment

  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 […]

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The Entrepreneurial Strategy To Overcoming Depression

The Entrepreneurial Strategy To Overcoming Depression

| December 16, 2013 | 4 Comments

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 […]

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5 Reasons You Should Not Save Your Money

5 Reasons You Should Not Save Your Money

| November 24, 2013 | 2 Comments

  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 […]

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6 Financial Habits Young Professionals Should Have

6 Financial Habits Young Professionals Should Have

| November 3, 2013 | 2 Comments

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 […]

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Why Aren’t Millennial’s Pulling The Trigger on a New Home?

Why Aren’t Millennial’s Pulling The Trigger on a New Home?

| October 28, 2013 | 2 Comments

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 […]

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