Finance

It is normal that people don’t have it all together all the time and that some friends may need a financial helping hand. If it happens that your friend ends up having a financial crisis and asks you for a loan, there are some factors that you need to have in mind before lending the money, all in order to …

In these modern times it has become very rare to hear that someone enjoys a traditionally defined-benefit pension, which led many U.S. citizens to switch to 401(k) and in that way ensure funds for their retirement days. However, except not having a 401(k), which might be the worst mistake, there are some common mistakes people make regarding this contribution plan …

With the development of technology and the modernization of business and almost every other aspect of life, people seem to have stopped using cash completely. You can pay for almost everything with your credit card, from your meals at restaurants and groceries at stores, to online shopping items. Now, since robbing you on the street has lost its point as …

When it comes to least liked people, debt collectors are way up there with lawyers and telemarketers that call in the middle of the night. You may need a lawyer some time so it’s not always wise to antagonize them. Telemarketers? It’s fairly easy to tell them to bugger off. But debt collectors? You know you have debts to pay. …

These days, add-ons are a fact of life. You could go buy something as varied as a fast food combo meal and a computer, and you’d amazingly be offered add-ons on both. This is also true if you’re booking a rental car. Whether you need the car for business or pleasure, the person behind the desk at the car rental …

Investing can be overwhelming. There are so many different options, and so many different opinions of what stocks might be hot or not. This article is about how to get your feet wet in the wild world of investing and get at least a higher interest rate than you might get otherwise with your current bank account. Maybe you have …

There are many types of IRAs. The two major types are traditional and Roth IRAs. A taxpayer can contribute up to $2000 to either a traditional or Roth IRA and there gains accumulate tax-free. With a traditional IRA, all or part of the contribution amount can be deducted from a person’s federal income tax, depending on his or her adjusted …

To become rich, you first have to think like a rich person. Forming the right mentality is the root of all wealth. Here are ten ways that will help you adopt the attitude of a rich person: 1. Buy assets, not liabilities This is a very basic lesson on getting rich. Assets add value to your portfolio while liabilities reduce …

Debit cards were introduced about a decade ago. They were advertised as an alternative to credit cards being that they were linked to your checking account rather than an interest seeking bank. But there are some downsides to using debit cards of which we should all be aware. Overuse Somehow we have transferred our credit card mentality to the debit …

For anyone struggling with debt, consolidation appears to be an attractive proposition.  Debt consolidation replaces existing loans and debts with a single loan, leaving just one payment to make each month.   Whilst borrowing more money to get out of debt does not sound like a logical solution, debt consolidation can sometimes prove surprisingly economical over the long term. Unsecured borrowing …