The Ultimate Guide to Earning a 10% Rate of Return on Your Investments

The US Dollar

Are you getting the best rate of return on investment? Kiplinger’s Personal Finance Magazine annually discusses ways to boost your investment yield in its latest issue. I have to say that I am always pretty disappointed with their recommendations. I love the magazine, but I didn’t really care for a list of mutual funds and Exchange Traded Funds (ETFs). But, I wanted concrete ideas on how to earn a 10% annual rate of return on my investments. US Treasuries are earning less than 1% and money market funds are not fairing much better. Certificates of deposit are barely scraping by at 2% or so even for the longest maturities. But, are these levels going to last? The stock market has … Read more

What Is Financial Resilience? Top 7 Steps to Find More Resiliency in Your Life

financial resilience

What is financial resilience? Financial resilience refers to the ability of an individual to withstand financial shocks and maintain a stable financial situation despite unexpected events. And there are several great ways that you can work to build financial resiliency. Financial resilience encompasses factors such as having an emergency fund, diversifying investments, reducing debt, and having a solid financial plan. Financial resilience allows individuals and organizations to weather financial storms, bounce back quickly from financial setbacks, and confidently pursue long-term financial goals. An individual can gain financial resilience by taking the following steps: Building an Emergency Fund Building an emergency fund provides financial resilience by creating a safety net for unexpected events. An emergency fund can help individuals handle unexpected … Read more

How to Save Money on Valentine’s Day Gifts

save money on Valentines Day

Valentine’s Day is a day to celebrate romantic love between partners, but it is also a day to show love to friends and family. People typically celebrate by exchanging gifts, such as flowers, chocolates, or cards, and by spending quality time together. The holiday has roots in ancient Rome and has evolved into a widespread celebration of love and affection. Whether it is a romantic dinner, a thoughtful gesture, or simply spending time with loved ones, Valentine’s Day is an opportunity to express love and appreciation for those in your life. Here are some tips to help you save money on Valentine’s Day gifts: Remember, the most important thing is to show your loved one how much you care, and … Read more

Why It Is Important to Have Life Insurance

Life insurance is important because it provides financial security and peace of mind for you and your loved ones in the event of your death. By having a life insurance policy in place, you can ensure that your family will be financially taken care of after you pass away, regardless of the cause of death. Life insurance can help pay for expenses such as funeral costs, outstanding debts, and living expenses, as well as provide a source of income for your loved ones. Life insurance can also be used to create a legacy or help fund future expenses, such as your children’s education. Having life insurance is a responsible and caring way to ensure that your family is protected, even … Read more

How to Generate More Cash and More Wealth through Real Estate Investing

replace your income

The following is a guest post by Brian T. Boyd, Esq., the author of Replace Your Income: A Lawyer’s Guide to Finding, Funding, and Managing Real Estate Investments. If you’d like to submit a guest post to Money Q&A, be sure to check out our guest posting guidelines. Over the last few years, Americans are sitting on a historic level of home equity. Meanwhile, the stock market is in turmoil, inflation is at a 40-year high, and interest rates continue to rise. Americans are worried about their retirement, their quality of life, and whether they will have enough to be financially independent after doing all the “right things.” To those people, I suggest they look into real estate investing. Real … Read more

Top 5 Student Saving Tips to Help You Achieve Your Financial Goals

Earning An Irregular Income

Being a student is an expensive undertaking. From tuition and fees to books and supplies, there are a lot of costs associated with getting an education, and that’s not even taking into account the cost of living. It’s no wonder that so many students find themselves in debt. However, it doesn’t have to be that way. Here are five student-saving tips to help you get started with your financial goals. 1. Identify Your Goal Whether it’s a down payment on a house, paying your student loan, or a cushion of savings to fall back on, knowing what you’re working towards will help keep you motivated. Once you’ve identified your goal, break it down into smaller, achievable milestones. For example, if … Read more

The Pros and Cons of Buy Now, Pay Later Financing

During the checkout process of online shopping, have you noticed special payment offers that promise to let you “buy now and pay later” popping up in recent years? Fintech companies like Affirm, Afterpay, Klarna, and Sezzle are among the most common Buy Now, Pay Later (BNPL) providers around, though bigger companies like Paypal, Chase, and even Amazon have begun offering their own buy now, pay later programs as well. At first glance, the BNPL programs – also known as “point-of-sale loans” – may seem like they’re too good to be true. After all, isn’t paying over time already something you can do with credit cards? What makes the ‘buy now, pay later’ option any different? To learn more about what … Read more