Have you ever wondered what happens to your money after you spend it? Do you assume that cash just passes hands until being deposited into a bank? Or, that electronic transactions disappear into thin air? Where does your money go after you spend it? The reality is, all currency is part of an intricate cycle. When it comes to cash, that cycle begins at designated printing facilities in the United States and ends between three and 15 years later when it’s taken out of circulation. The life expectancy of cash depends largely on the type of … [Read more...] about Where Your Money Goes After You Spend It – Infographic
Archives for May 2016
Have you considered life insurance prequalification? The following is a guest post by KJ Price. KJ Prince is an insurance agent and the founder of Insurance Engine. When he's not writing about insurance he enjoys technology, design, CrossFit, and fly fishing. If you’d like to submit a guest post on Money Q&A, please check out the site’s guest posting guidelines. Life insurance prequalification is a process top-notch life insurance brokers utilize for uncovering important information about life insurance applicants. … [Read more...] about 7 Reasons You Should Consider Life Insurance Prequalification
I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we will look at Baby Step 4 in more detail which is to invest 15% of your income for retirement. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial peace. Dave … [Read more...] about Dave Ramsey’s Baby Step 6 – Pay Off Your Mortgage Early
Is the cost of starting a family financially feasible? Should the cost of starting a family even factor into your family planning and decisions?
Do you have a spare $245,340 lying around? Probably not, and you don’t need it all upfront, but this is the new estimated cost of raising a child from birth until 18 years of age in the United States, according to the U.S. Department of Agriculture.
When accounting for inflation for the next 18 years, it will eventually cost about $304,480 for the average American family to raise just one child. … [Read more...] about
For those that love trading, but are just too busy working or playing, must consider the benefits of automated forex trading. It may be hard to believe with all the trading exchanging markets in the world is that Forex is actually at the top when it comes to liquid financial market with an average estimated to be over $3 trillion every day. The truth is that this figure is expected to keep growing in the global market. The idea of the profits that can be obtained is attracting more investors. The one main reason is that when you trade … [Read more...] about Benefits of Automated Forex Trading
If you are thinking about investing in the stock market, but are unsure of how to even get started, then you need to seriously look into working with a brokerage. Having the knowledge, experience, and insight of a seasoned professional will be a guiding light as you work through the bonds, stocks, and other financial assets and jargon. This is why you should choose a broker.
Even if you have never worked with brokers before, there is nothing to worry about. Read on for some basic starting points as well as why you should choose a broker … [Read more...] about