personal finance

The ABCs of personal finance and investing; how to invest wisely and grow your wealth.

  • Isaiah Goodman
    Published 8 days ago
    Becoming Certain

    Becoming Certain

    You’ve probably heard of a SWOT analysis before. It is the process of identifying the Strengths, Weaknesses, Opportunities, and Threats likely to result from different choices and actions.
  • Kristen Dean
    Published 9 days ago
    No Financial Dependence

    No Financial Dependence

    I know it's a lot easier to ask people to lend you money but what if you can't afford to pay back your friend ? Now you begin to feel guilty. As the individual you may even tried to avoid your friend. It is not a matter of whether you're bad person or not. A matter of observing your finances and seeing why you cannot pay money. Lending money to a friend or a relative isn't such a lousy idea. Giving money can be helpful, when someone is in need of cash immediately. Example: If that person's electric bill is due today but he/she don't have any money left in their bank account. The actual downside of asking for money is it can turn into a bad habit. Some people have ended up asking for money from others and never pay them back. Soon the individual won't be able to afford anything because he/she owe people money. You may not be able to buy other items. You may lose track how many people you owe. The best way to get money is having side hustles. For example: sell things you don't use anymore. Websites like letgo.com where you negotiate with others on what price to pay for your stuff. Getting paid from websites between $5 and $10, the more money you will be able to pay for a late overdue bill. Let's say you save $10 for 7 months; that will equal to $70 total. Good enough to buy food from grocery store. Relying on your family's bank account could keep a person oblivious to money. If you never had to work before in your life. You will be at a huge disadvantage. It's one thing to ask for $8 from your mom or dad. To not know how to obtain $8 is a different problem. One downside to being financially dependent is not taking the time to think about how much is being spend. Another example: who's been working at the same car factory for 20 years. Becomes physically disabled after a leg injury. His doctor tells him he won't be able to work. Your mother cannot work due to her mental disability. So as of now you are left with two options. Deal with having no allowance or get a job. Earning would be the better option. Why? You learn as you go along. Building connections or develop new skills. But here is the one good reason. Knowing how much you get paid per week helps you see where your financial situation is. Soon the individual will know what to do. Budget how to spend your paycheck. Also how to save some of your paycheck. You get to realize what you can afford verses what you cannot. For the most part you Will gain some money on your own. After depositing your first paycheck in bank account. You can begin counting your dollars on paper . Start to decide how much cash to withdrawl each week. Taking out cash is a way to count someone's pennies. Saving some cash in a jar is a good place to start. At this point you will be able to something in your pockets at all times. Which will give you the ability to have your own money and won't have to ask anybody to lend you anything. One trick to remember is when you're about to run out of cash. Save $2 in your wallet then deposit it in your bank. To add more money to that $2. Earn $5 from an app and it will equal to $7. Another trick is to have a side hustle. The way to have a side hustle is to know what you can sell quickly. If good at making jewelry. There is a very good chance to make sales. Another: get a investment account open. Receiving returns on your investment will help you to be financially independent. After you invest $100 in the stock market. The return from this amount of money is very rewarding. If you can't afford to put $100, start investing $10 then wait for a few months.
  • Raven Wade
    Published 9 days ago
    How to Quickly Raise Your Credit Score

    How to Quickly Raise Your Credit Score

    Near the beginning of my time in college, I was bored at work in the on-campus library and decided to pick out a book to read. I stumbled upon Rich Dad Poor Dad by Robert Kiyosaki. Every successful person I know or have heard of cites this book as a significant turning point in their lives. For me, it ignited a passion for personal finance and real estate investing. Suddenly, I took my credit score and financial future more seriously. I started to question everything I have been told about money and started digging for the truth.
  • Lauren Williamson
    Published 15 days ago
    Know the Ways by Which Your Credit Rating Can Affect Your Borrowing Power

    Know the Ways by Which Your Credit Rating Can Affect Your Borrowing Power

    A poor credit rating can impact your borrowing power to a great extent. Sometimes lenders may not deny your loan, but their chances of charging you with a higher rate of interest inevitably increase when you have a poor credit score. So, before you apply for a loan, use a borrowing power calculator to check your current status – it helps you to make an informed decision, and you can also take precautionary steps if required to improve your credit score.
  • Tyva Littles
    Published 16 days ago
    How Do I Repair My Credit?

    How Do I Repair My Credit?

    A healthy credit history is very important to obtain some of the things we would like to have in life. Here are some tips that have been helpful to my family and I in our credit repair journey.
  • Isaiah Goodman
    Published 19 days ago
    Becoming Celebrated

    Becoming Celebrated

    Do you have a legal document or financial account such as a 401k, a will or a trust? It's great if you do! But how long has it been since you’ve looked at the beneficiary? 1 year? 2 years? 10 years? Any of those is too long! Today, we are going to learn about the importance of reviewing your beneficiaries.
  • Isaiah Goodman
    Published 19 days ago
    Becoming A Bridge

    Becoming A Bridge

    Earlier this year, in March 2019, we saw stories of scandals in which celebrity parents were breaking rules to get their children into certain schools. We all want to ensure our children have the very best opportunities in life, but there are certainly better ways of accomplishing this! Today we are going to learn about a few ways that we can be a “bridge” for our kids. We can help them to be set up for success when they are ready to follow their educational paths.
  • Carlin Hertz
    Published 22 days ago
    IT’S TAX SEASON

    IT’S TAX SEASON

    Tax season is here. Hopefully, you have been keeping track of all of your mileage and receipts. You won’t receive your W2 or 1099 until early 2020, but you can prepare for the onslaught of tax documents by preparing throughout 2019.
  • Alessia Aniston
    Published 23 days ago
    All You Need to Know About Revocable Living Trust

    All You Need to Know About Revocable Living Trust

    Also known as the backbone of a comprehensive estate plan, a revocable living trust is a form of agreement that allows a person to decide how he wants the property to be distributed and managed during life and after the death. The trust agreement can be modified or even revoked and served in the major positions- donor, beneficiary, and trustee.
  • Ryan Witt
    Published 26 days ago
    10 Keys to Successfully Manage Personal Finances

    10 Keys to Successfully Manage Personal Finances

    No matter what we do, it seems like there is never enough money to reach our desired goals, despite the fact that time is always on your side. For many of us, making ends meet every month and paying the bills can be a struggle. Fortunately, there are some simple keys to successfully manage personal finances that you can use to take control of your future. Turn your anxieties into a success story.
  • Julia Rivers
    Published 27 days ago
    6 Cases When Borrowing Is a Good Decision

    6 Cases When Borrowing Is a Good Decision

    Borrowing money is not a simple topic. On one hand, you’d better never need a loan, on the other hand, lots of us often get into the situations of an urgent need of means, when you can not avoid taking a loan. In such situations loans like CashNetUSA are the best decision, read about it below. Otherwise, try to find alternative ways of getting the funds you need.
  • Emma Conrad
    Published about a month ago
    My Favorite Money App

    My Favorite Money App

    As many of you know, from reading my previous posts, I'm all about saving a couple bucks wherever I can. I'm also all about learning how to save some of the money I work so damn hard to make! I saw an ad for an investing app on Facebook a few months back and decided to give it a whirl. I have never been so instantly pleased with an app before! In three months, I have managed to invest almost $300 into my own future. $300 that I can definitely tell you I didn't think I had! If you download the app now with my link, you'll get your first $5 FREE!