Money Matters. Learn how to make, save, protect, invest and enrich your money and make the most of your financial life.
Lucky you. You just found the house you want, which happens to cost exactly what you can afford. Who knows for how long this opportunity will last? You don’t think much about it and proceed to close the deal. Surprise, surprise! The price has just gone up by 5%. The house may be worth the same, but there are still necessary costs you need to cover in order to buy it. And we’re not talking of paying ~$50 on bank …
What is it like to be debt-free? Maybe you’ve been borrowing for so long. You don’t remember what it’s like earning money for yourself. To buy what you want, rather than what others tell you to pay for. How would it feel like waking up and not worry about money? Believe it or not, that reality may not be that far away. But is it worth it? You might have a dozen other questions in your head: The only way to …
What’s a voided check? It may sound contradictory. Checks are documents that order banks to process payments, while the word “void” cancels those orders. Even though you can’t send money with a voided check, they still share useful financial information. People often use them to set up electronic payments. How To Use Voided Checks For example, you can send a voided check to a company so that they know where to make the deposit. Or maybe a business requires your …
I’m sure you’ve thought about it at least once. You look at the stock market and watch the returns created in the last few decades. You say: “Wow! If only I invested $100 10, 20, 30 years ago, I’d now have over five figures!” Imagine it’s your tenth birthday, and someone gives you $100 as a gift. That’s a lot of money for a kid. Anyway, you’d probably spend it quickly and not even remember about it. What if instead, …
Have you ever found a charge you can’t explain? Extra costs, upgrades, late payments. Someone placed a convincing ad, you responded to it, but somehow you now pay more than you expected. It has happened to everyone. One assumes to know everything that is about the offer until you get your invoice. The majority has canceled subscriptions within the first month for this reason. It’s, of course, our fault for not revising the terms correctly. But what about the business? …
The only way to succeed in business is to assume responsibility for everything. Problems are always coming, and the unexpected is inevitable regardless of preparation. Rather than frustrating with those losses, ask yourself how you can prevent it from happening again. You’ll find that you could have avoided the most expensive mistakes with a bit of preparation. The customers don’t like the product. Spend more time researching the market. Your traffic doesn’t convert. Learn where your ideal customer spends time …
You know you’ve made it when you can live off your money’s interest. You have so much money you don’t use that others pay you to borrow it. You do nothing and earn enough to never have to work again. Not only that, but none of your future generations will ever have to work either. If you keep reinvesting in this miracle, you can take better care of those you love AND upgrade your lifestyle. One of the few easy …
For a bank you don’t use, it makes sense to close your account. Perhaps you just found much better companies, or you can’t justify a monthly fee for the services received. Or you didn’t get a good experience with customer support. Luckily, you’re not trapped to stay with your bank forever. Unless you have some pending payments, you can close a bank account in five minutes or less. But before you do it, you must take two facts into account. …
This post is an addition to all the traders of my trend follower forex trading system. However, it doesn’t matter if You could also consider printing them out on paper and placing them close to your screen or trading desk. These rules are stressed as keys to success, and it’s really very fulfilling when someone has incorporated them into his methodology and has had good success trading. There are some basic principles and rules that will make you successful regardless …
Right now, there’s probably a cryptocurrency project that’s about to skyrocket in price. The question is, are you willing to put time to find it?
If so, you’re in the right place. The following method will improve your research skills, so you can find those coins before they 100x.
Aren’t you tired of overpaying for basic needs? But wait, there’s more! Taxes are going up. And given the current situation, employment rates haven’t improved precisely. So we find ourselves working harder just to keep what we have. And what’s next is paying extra for what once was much cheaper. There are three ways to respond to it: If you live in a popular city, you know what that means. People overestimate how good these places are to live and …
If you’re running a business, you may worry about how to take care of it long term. When looking for lasting success, one has to prepare for the unexpected: market downturns, refunds, sometimes lawsuits. After spending years growing the company, the last thing you want is to lose everything you own because of a costly accident. No matter how well you prepare for the future, something negative will affect your business. LLCs offer legal protection to minimize those damages. Due …
The incoming recession. What does that make you think about? More expenses? Unemployment? Lower sales volume? These are some common connotations people have associated with this term. But if we had to sum up in a few words, it would be making less money. Why? Have you ever wondered how much control you have over your finances? Is the economy really determining how much you can or cannot make? There isn’t a universal law that magically stops you from generating …
“Can I write a check to myself?” Yes, people do it all the time. It’s almost as easy as sending money to someone else. You can write yourself checks to move money between accounts, cash out, and even get “free” money. Here’s how. How Can I Write a Check to Myself This process isn’t different from writing any other check: Fill out the fields with the amount you want to send Write the payee (same name as the sender) (Optional) …
Personal checks don’t work for everything. Some transactions require certified funds, which is why cashier checks and money orders are useful. Even though these third parties back your payment, you still want to pick the most secure. We’ll review the differences in price, limits, and protection. First, why would you want to use any of them? Unlike personal checks, money orders and cashier’s checks don’t require your personal information. You can send money without showing your checking account number, full …
A value-weighted index distributes proportionally to the market cap of each company. The larger the capitalization, the more influence it has on the portfolio.
Are you looking to make some big purchases? Should you get the latest appliances or the older models? If your goal is to save money, you’d be surprised to know how much prices change depending on the day. Knowing what to buy at the right time may save you 20% without including coupons, maybe more. The secret is knowing when demand is low and buying right then. We’re sure you’ll find these tips helpful, whether you’re updating your home’s appliances …
New investors have it better than ever. For a tiny fee, the best funds will manage your money for the maximum profit. And we’re talking about professionals with trading equipment who invest for a living. Too good to be true? Maybe. When you trust your money to a mutual fund manager, you expect to get a return. Even if they’ve overperformed the market for years, it may not always be that way. You might sometimes earn nothing. But don’t worry. …
How long does it take to process a refund? If you want to get your money soon for any reason, keep in mind it may takes several business days to process. It doesn’t matter what you want to refund. It could be a subscription, a product, a credit card, or your taxes. We’ve covered them all here. The Fastest Way to Get Refunded If someone can directly process the refund for you, it may only take a few minutes. That …
Whether you do stocks, crypto, or other assets, taxes are part of the trade. If you ignore costs, your investments will underperform. But that doesn’t mean you cannot save on your annual bill (or avoid most of them). Regardless of your income level and trading frequency, there are ways to pay less to the IRS legally (sometimes even 0%). If you want to make your portfolio more tax-efficient, learn more about the following strategies. 5 Strategies for Tax-Efficient Investing #1 …