When I was growing up, my dad was very frugal and taught me that all debt was bad and all investments are risky. While he meant well, I eventually learned that his advice was wrong. After working for years in a dead-end job to pay for college, I finally landed a good job with a 401K plan. This motivated me to start researching the world of money management, and I loved what I read about investing so much that I started investing on my own outside of my retirement account. I have had some investments lose value, but since I diversified them so much, any small losses are covered by gains in my other investments. I now enjoy the world of finance so much that I decided to start a blog to share money-management tips. I hope I can help you learn to manage your money wisely!
Posted on: 24 May 2017
Whether you are in the market for a new or used vehicle, if you do not have the financial means to pay for it in full, you will need to obtain an auto loan. If you have less than perfect credit, you will want to take a few moments to review the following tips. This way, you can give yourself the best chance of being approved for the loan you need.
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Posted on: 10 May 2017
Self-employment gives you the freedom to plan your work schedule. However, you still have to save for retirement. A self-employed person does not have access to a 401(k), which means it is that more important for you to put away money. Read on for more info on how to save for retirement with a traditional IRAs.
What Is Traditional IRA?
A Traditional Individual Retirement Account (IRA) works like a savings account.
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Posted on: 30 March 2017
Deciding how much money to spend on your new home is a big question. Of course, the amounts of your home mortgage loans pre-approval will be a guideline. But should you take out more or less than this amount? Here are some factors to consider.
Can You Get What You Need?
The first question to ask would be whether you could be happy with what you can get for the amount you're approved for.
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Posted on: 23 March 2017
Contrary to popular belief, a bankruptcy does not mean that you will never qualify for an auto loan again. However, it does mean that you need to be more careful when reviewing the offers that you have available to you. If you filed for bankruptcy and are considering applying for an auto loan, here are some tips to remember.
Be Prepared for Higher Rates
Although you can still qualify to receive an auto loan, you are considered a higher risk to lenders due to your financial history.
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