Making Sure Credit Cards Don’t Overwhelm You
Credit cards have become an indispensable part of your life making it easier to transact purchases that are essential to your daily routine, and they beat the risk of carrying around huge wads of cash. Like everything else in life, credit cards, if used improperly, can cause irreparable damage. Learning…
Is a Million Dollars Sufficient for Retirement?
If your goal is a comfortable retirement with a nice home and all the amenities a man could imagine, planning to retire with a million dollars in your retirement fund would be the stuff of dreams, and such money can ensure every facility available today, or so it might seem…
Investing in areas of Manufacturing and Production
By commodities we mean the sum total of all the raw materials that are vital ingredients in manufacturing and processing industries, goods like gold and silver that are mined and shaped into jewelry, or crops like wheat and barley that are vital to the food processing industry. There is enormous…
How to Zoom to a Near Perfect Credit Report
Attaining the Holy Grail on the FICO scale means being top gun at 850 points in a scale of 300 to 850, and this is no mean achievement shared by an elite 1% of the American population. A close examination of an elite score card reveals certain inviolable features: Efficiently…
How a Diverse Portfolio Stabilizes Your Investment
Keeping your portfolio loaded with majority stocks that are too risky could mean heavy losses if prices crash; on the other hand keeping investments that are too low risk and low return could hit profit margins. What is a diversified portfolio? Normally you would see the following mix of investments…
Home as a Work Place
Telecommuting or Teleworking which is working away from office while you are traveling or posted in a remote location is gaining acceptance as a major way of doing your project efficiently. In 2012 over thirty million American workers are working from home or remote bases at least part of the…
Getting that Bank Loan Is Not Easy
Personal Loans are usually unsecured by any collateral and are extended for small amounts to meet urgent payments. You can consider the credit card with an approved drawing limit as kind of personal loan, but it will be extremely high interest bearing. Traditionally, bank personal loans have been considered as…
Five Benefits that Make Title Loans so in Demand
In a world where income levels are shrinking and money is in short supply and emergencies lay you low, perhaps any source that promises instant cash seems irresistible. Therein lies the whole problem, people are lured by sheer desperation into the arms of nefarious payday lenders that extract huge interest…
Financial Tips for Those Who Have Recently Graduated
You have just graduated and you are enjoying your newfound sense of freedom and along with this freedom you will feel a greater sense of responsibility, particularly financial responsibility. Few people realize that starting the habit of savings earlier in their lives is the passport to greater freedom that they…
Financing College Education
Parents are increasingly shouldering unrealistic expectations and financing the cost of their children’s education by sacrificing investments in their own future. Four disturbing facts should bring home salient truths about education loans: Graduates are spending more than 30% of their early income on student loan payments. Students are availing loans…