Working from home seems like a dream. Set your own hours? Yep. Work from the comfort of your living room or home office instead of a bustling corporate office? Yes indeed. But, is working from home right for you? As great as telecommuting sounds, it certainly isn’t right for everyone. If you’ve been considering a telecommute job or asking your boss for more work from home time, then here’s how you can discover whether or not this alternative work schedule and working from home is right for you. Is Working from Home Right for You? What … [Read more...] about Is Working from Home Right for You?
Archives for March 2016
There are many reason that you have been unable to save money. Saving can feel like an impossible task that many Americans struggle with. A study revealed that half the population—47%—had zero or negative savings accounts. In the same year, the Federal Reserve found that the average saving rate was 4.8% of disposable income—not nearly enough to handle expenses should an illness or job loss become your reality. Having a savings account should be a non-negotiable in your financial planning, and if you’ve found putting money away to be … [Read more...] about The Top 5 Reason Why You Are Unable To Save Money
The slumping economy has households looking for ways to cut back on monthly expenses. Lowering your monthly costs can also be a great way to put more money aside into savings. There are a number of things that you can do to minimize your spending without changing your current lifestyle. Easy Fixes to Reduce Your Monthly Expenses Brown Bag Lunch If you or your partner spends money on costly meals for lunch, you can brown bag it instead. Cutting back on eating out can help save a significant amount of money weekly. You can also curb your … [Read more...] about Top 7 Easy Fixes to Reduce Your Monthly Expenses
Student loan debt is something of an elephant in the room for couples nowadays, because it’s not fun or easy admitting just how big the burden is and discussing finances sometimes causes anxiety for both people involved. If you have a small student loan to pay back or you’ve paid off your schooling altogether, it can be tricky navigating issues like marriage when your partner has a significantly higher student loan debt burden. However, many personal finance experts agree that debt shouldn’t be a make or break issue for a loving … [Read more...] about Don’t Make These Mistakes Marrying Someone With Student Loan Debt!
Here is a great infographic from the folks at Avant.com discussing the relationship between millennials and credit. Why is their credit score below average? Here's an interesting look at some of the details between millennials and credit.
The Relationship Between Millennials and Credit
Where Millennials stack up against the U.S. Credit Score
Average U.S. Credit Score: 695
Age: 19 to 34 had a 625 average credit score
Average debt (including mortgages) $52,120
Bankcard balance overage $3,403
Credit utilization 43%
Why Millennials scores … [Read more...] about
The following is a guest post on Money Q&A. Would you like to write the next one? If you would like to write an article for Money Q&A, please visit our Guest Posting Guidelines page. Mark Aardsma is an entrepreneur, investor, and the author of Investing With Purpose: Capitalize on the Time and Money You Have to Create the Tomorrow You Desire.
Investing With Purpose by Mark Aardsma
Life and work, they ask a lot of you. There’s a lot to be done, and some of it is really hard. Projects stretch your skills, packed days … [Read more...] about
Nowadays it’s almost mandatory to have a Bachelor’s degree to qualify for a decent job. It's like a Bachelor's degree is the new high school diploma. But, taking on tens of thousands of dollars just to get a piece of paper that will qualify for your dream job isn’t always ideal or financially sustainable. Fortunately, community college is becoming an increasingly popular option for people who want to save money on the way to getting their degree. You may want to consider going to a community college first before earning your Bachelor's … [Read more...] about Go To Community College First Before Earning A Bachelor’s Degree
We’re in the thick of tax season, and if you’re having anxiety about handling what you owe whether personally or for your business, you’re not alone. You're not alone if you think, "I can't pay my taxes". If you’re expecting to owe a large sum to the IRS by the April 15th deadline, and know you’re not going to be able to pay off your debt, there are various ways to approach your situation. Filing Issues Even if you can’t pay what the IRS expects of you, you absolutely need to make filing a priority. While the date usually falls on April 15th, … [Read more...] about I Can’t Pay My Taxes: What Should I Do?
Investing in the stock market and gambling at a casino are often compared and deemed to be very similar ventures. Both the difference between investment and gambling involve risk and choice in hopes of future profit. Investors and gamblers have to decide how much they are wanting to risk. Some traders typically risk between 2% and 5% of their capital base. Long-term investors often spread their money across different investments in order to try and minimize potential losses as a form of risk-management. Risk-management in … [Read more...] about A Look At The Difference Between Investment And Gambling
In a world where people can be quick to seek out unfair compensation and sue for almost any small incident, it’s important that you keep yourself financially secure with liability auto insurance for your vehicle. You see, you can’t always control when, where, or how an accident will occur, but you can control and potentially limit how much an accident will cost you with the right amount of liability auto insurance. In order to understand whether liability car insurance is a necessary investment, it pays to take a closer look at some of … [Read more...] about How Important is Basic Liability Auto Insurance?