We all want a better life for our children. That’s the true American dream. It’s actually the dream of parents all over the world. That's what financial health truly means. When I was deployed to Iraq while serving in the Army, I saw that sentiment play out there as well. Every Iraqi that I talked to simply wanted a better life for their children, and they hoped the United States’ intervention would bring them that goal – more so than Saddam Hussein ever could. The same was true in my parents’ house when I was growing up. My parents got … [Read more...] about What Financial Health Means to Me – Learning from My Parents’ Mistakes
Archives for June 2017
James Cummings, the author of numerous books in the management space and Founder and CEO of www.dailyposts.co.uk. If you'd like to submit a guest post to Money Q&A, be sure to check out our guest posting guidelines. 28 million small businesses in the United States account for 54% of all sales in the country, are responsible for providing 55% of all jobs and 66% of new jobs since the 70s, and have added 8 million new jobs since 1990. With statistics like these, you might wonder why it’s so difficult for small businesses to secure … [Read more...] about Why the Big Banks Do Not Want to Fund Your Small Business
How much does it cost to lease a semi truck? This is the first question every company driver asks when they start considering starting their owner-operator business. Sadly, the answer is not the same for every driver. The main reason owner-operators ask themselves this question is to find out whether running their own business will pay off even after paying the monthly leasing rate. Are the expenses bigger than the earnings, and will they be able to live off of what’s left? The answer to all these questions depends on several factors. In … [Read more...] about How Much Does it Cost to Lease a Semi Truck
There are millions of pet owners in the U.S., which means pet supplies and veterinary care creating a multi-million dollar industry. Most of us would do anything to keep our favorite furry friends safe and sound, but at what cost? Even with adequate preventative care, veterinary bills still cost a fortune for some injuries and ailments, which can be disastrous for individuals and families who are already struggling to pay for their own health care-related expenses. While human health insurance is assumed to be the answer to our species’ high … [Read more...] about Is Pet Insurance Worth the Cost? What You Need to Know!
I am a buy and hold investor. I do not like to sell many of my investments. I’m decades away from retiring, and I’m a long-term investor, to say the least. It takes a lot for me to sell mutual funds that I own. But, I have been known to transfer the assets from one mutual fund or mutual fund company to another one based on certain criteria. There are times that it is best to just sell your mutual funds and let them go. Things change. Investing philosophies and goals change. Those are the reason to sell mutual funds. Four Reasons When To … [Read more...] about Top 4 Reasons You Might Want to Sell Mutual Funds You Own
You’ve decided to look for your dream home in the area of your choice, you know exactly what kind of home you need, you’ve crunched the numbers and now you’re looking for a mortgage lender. How do you know that you are getting a reliable lender that will give you the best deal? Do you know and understand the entire mortgage process? Here are a few tips and hints to help you navigate the mortgage process. Understanding the Mortgage Process What Credit Score Do You Need to Buy a House? Although your credit score is by no means the only factor … [Read more...] about Financing a Home Purchase: Demystifying the Mortgage Process and Making Your Dreams Come True
When you receive a lump sum, it’s very tempting to splash out on your dream holiday or a new car, but that isn’t the best way to get the most out of your money. The general rule is to not do anything too hasty (such as buying a luxury car or a bigger house) because more often than not, the money will run out must faster if you don’t do anything useful with it. Just because you have it doesn’t mean you must use it. And after splurging, there’s a good chance that you’ll end up more in debt than before you started. It is tempting to … [Read more...] about How Do You Handle Suddenly Becoming Wealthy?
Traders are always seeking to bolster their financial portfolios. The whole point of dabbling in the markets in the first place is to increase your net worth over time. For many of us, this appears to be an insurmountable challenge, given the complexity of reading financial indicators and acting with purpose. 5 Ways to Protect Your Financial Portfolio A novice entering the trading scene may quickly be overwhelmed by the charts, numbers, signals, and regulations. Fortunately, there are many ways to shore up your trading activity and … [Read more...] about Top 5 Ways to Protect Your Financial Portfolio
Running a compliant business will help you avoid litigations. You won't have to worry about penalties and fines. You'll protect your corporate veil and find it easier to access credit. This piece provides insight into three most important compliance levels for small businesses. You should note that being complaint along these three compliance levels doesn’t necessarily guarantee that you won't face some challenges in your business. Yet, being compliant will increase the odds of your business ship sailing smoothly. Pay attention to Corporate … [Read more...] about 3 Compliance Levels Business Owners Must Watch for Sustainable Growth
There are a lot of myths surrounding car insurance out there, from the color or sportiness of your car affecting your rates (or not) to the question of accidental coverage for instances when a driver other than the car’s owner is behind the wheel. To avoid confusion, it’s important to rely on research conducted by credible companies and organizations, such as the big study from Insurance.com on the impact different tickets have on your car insurance rate. Save with USAA Auto Insurance. Get a quote today! How to Lower Your Car Insurance … [Read more...] about Top 5 Ways to Lower Your Car Insurance Bills