personal finance
The ABCs of personal finance and investing; how to invest wisely and grow your wealth.
Good Money Habits You Need To Build Today
You are working towards financial freedom, but you feel like the universe is plotting against you. They don't pay you enough for your job. All landlords set crazy high rents; the money just isn't enough for you. Maybe you should do a little introspection. Are you sure you don't have bad money habits?
By Mindsmatter.4 years ago in Trader
Read this before you buy your first Crypto.
“You don’t need any money to invest in cryptocurrency. You can get started with just a little bit of time and the internet, if you’re willing to start small, stay patient, and not get greedy.” — Forbes Magazine Writer Kashmir Hill.
By Alejandro Betancourt4 years ago in Trader
What Is the Best Retirement Saving Tool?
There is an inconvenient truth about retirement savings. Unless people are forced to save, they won’t save. At least not enough to make a meaningful dent in what they need for retirement. That is why Defined Benefit pensions are the perfect retirement savings tool. I say this even though I would personally like to trade in my Defined Benefit pension for a Defined Contribution plan.
By Ben Le Fort4 years ago in Trader
How to Grow Your Retirement Savings
Experts recommend investing 10% to 20% of your income each year in your retirement plan. That’s because money in a retirement account is tied up in stocks and bonds, which are more likely to gain value than cash that’s sitting in the bank or in a savings account.
By FlexInvest4 years ago in Trader
Different types of life insurance: What’s the best fit for you?
If you were to survey millennials about their financial goals, finding the right type of life insurance probably wouldn’t rank high up on their list. Most folks who haven’t purchased life insurance cite the cost of policies, their age, and their current health as reasons for not buying.
By FlexInvest4 years ago in Trader
4 Simple Ways to Reduce Financial Anxiety
Our finances are a mess The current state of most people’s finances is scary. Americans owe $1 Trillion in Total Credit Card Debt. Last year they paid more than $104 billion in interest payments on that credit card debt. The Average American Owes $6,375 in Credit Card Debt. It’s estimated that 20 million Americans have a shopping addiction. Nearly twice as many people have a credit card compared to the number of people who have a retirement account. 44% of People couldn’t handle a $400 emergency without borrowing money. 37% of Americans have admitted they have gone to sleep hungry because they didn’t have money. 5% have admitted to having taken half-eaten food out of a garbage can.
By Ben Le Fort4 years ago in Trader
