The best way to tackle debts might initially seem obvious - pay off as much as you can, as early as you can – but it’s often not as easy as it seems. If every person in debt did that then no-one would ever have any problems, but our financial, occupational and family situations often make it a struggle. Is there a ‘best’ way to tackle your debts? However, there are various strategies to tackle your debts. Some of which are better than others. Here is a run down of tactics that you might consider, alone or together, in order: Know your … [Read more...] about Is There a Best Way to Tackle Your Debts?
Archives for February 2017
If you’ve been a reader of Money Q&A for any length of time, it’ll come to no surprise to you that I’m always looking for cool and exciting ways to earn a greater rate of return on my investments. I want to find ways to squeeze out 10% or more ROI. And, I’m always looking for new and different investments and opportunities to do just that. That’s why I was intrigued with an old Wall Street Journal article that talked about professional poker players investing in each other to hedge their bets, find entrance fee money, and limit their … [Read more...] about How to Invest in Poker Players and Earn Larger than the Stock Market
I thoroughly like investing in Lending Club and peer-to-peer lending where I can earn a higher rate of return than many other investment options and definitely higher than a savings account or money market fund. I have been investing with Lending Club for almost four years now, and it has truly been a great experience that I would highly recommend to others who are looking for a greater rate of return on their investments than others. Lending Club is a great way to earn a passive income that will supplement and diversify your investments. … [Read more...] about How To Truly Earn Passive Income From Lending Club
Is the stock market gambling? Should people consider trading in the stock market to be a form of gambling? The answers to these questions are an unequivocal – No! Investing in the stock market is not gambling, and novice investors should not think of it in that way. Equating the stock market to gambling is a myth that people on the internet and television pundits have perpetuated for years. And, it’s simply not true. While investing and gambling have a few similar characteristics, they are very much different. And, if an investor … [Read more...] about Is the Stock Market Gambling? Why Trading in the Stock Market Isn’t Gambling
Bad credit can affect you getting a job - can your bad credit and personal finances affect your job search? The answer may surprise you when applying for a job.
A recent survey of 35-54 year olds published by the National Financial Education Council found that over 25% of respondents were subjected to a financial background check (or credit check) as a condition for their eligibility to get hired or promoted. Additionally, almost 30% of respondents in the survey were reportedly unsure if their employer performed a financial check … [Read more...] about
The following is a guest post by Lars Kroijer, who used to run a hedge fund in London and wrote the book, "Investing Demystified: How to Invest Without Speculation and Sleepless Nights". If you’d like to guest post on Money Q&A, check out the site’s guest posting guidelines.
With President Donald Trump making headlines on an hourly basis and our social media accounts going crazy with comments on his presidency, we are left asking ourselves: Should we perhaps change our investment strategy as a result?
In short, the answer is yes but … [Read more...] about
When you run a business, at least half of your attention is always on the bottom line. You know how much everything costs, why you need it and how much profit it could help you make. Sometimes you just can't avoid spending money to make money, but here are four simple ways for you and your business to save money.
4 Ways Your Business Can Easily Save More Money
1. Creative Marketing
No matter how big or small a business is, marketing is always going to be a huge budget consideration. There's a simple way of getting your marketing out to more … [Read more...] about
If you’re living paycheck-to-paycheck, long-term savings and investment strategies aren’t exactly a priority. After all, you need to make sure you can afford basic human necessities like the roof over your head, utilities, and food, not to mention life necessities like car insurance and cell phone plans. Once everything is accounted for, what little is leftover from your last paycheck might be used to pay off debt or go out to dinner one night per month. Investing money in stocks, bonds, or any other option just doesn’t seem feasible, given … [Read more...] about How to Start Investing Even When You’re Almost Broke
The following is a guest post by Hank McKinsey, a stay-at-home-dad and home blogger at homebyhank.com. If you’d like to find out more about guest posting on Money Q&A, please read our Guest Posting Guidelines.
Your home is more than a just a place to live. It is a financial investment. It’s easy to forget that any home project, from changing the wall color to installing new cabinets, can alter your home’s value. Ideally, each upgrade should increase the value and make your home more marketable.
Three fun and ‘kid … [Read more...] about
Most of us have heard the old adage about the three legged stool analogy. It’s often referred to when buying products, both large and small. You can only get two out of three attributes in almost all cases. Good, fast, and cheap – you can only have two. So, you have to pick. You have to compromise sometimes. For example, you can buy an item that is made with great quality parts, and the company can ship it to you fast. But, it won’t come cheap! Look at the way the US government buys big pieces of military hardware. They often accept … [Read more...] about Good, Fast, or Cheap – How the Three Legged Stool Analogy Impacts Your Finances