A personal financial emergency can happen to anyone. Any number of things could blindside you. You may lose your job unexpectedly. You may have a medical emergency. Or you may need to take care of an emergency home repair. Although you may be earning the money you need to take care of these expenses, your paycheck may still be a few days away. And even if you do happen to have the money in your bank account, you may not be able to use it because you still need to keep the lights on, still need gas in your car, and still need food on the … [Read more...] about 5 Ways to Survive a Personal Financial Emergency?
Archives for July 2018
When it comes to your finances we can all feel the pinch from time to time. With summer around the corner you may be more worried than ever about keeping children occupied, or that upcoming summer holiday you planned on saving for but haven’t had a chance to do anything about. The financial situation can be a strain on your lifestyle, and it can also be a common cause of stress and anxiety. Is it time you focused on it a little more? I wanted to share with you some of the things you could consider to help reboot your finances. Check your bank … [Read more...] about Is It Time to Reboot Your Finances? Here’s What to Consider
You may have heard by now that it has been acceptable to invest in cryptocurrencies since 2014. That is when the IRS determined that they should be seen as a type of personal asset. As a result, it also became possible to add these cryptocurrencies to individual retirement accounts comma although to date this is only possible in self-directed accounts. You can choose between bitcoin Roth IRA’s and bitcoin traditional IRA’s however. The difference in this lies in whether you will be paying tax on deposits or withdrawals respectively. Regardless … [Read more...] about Storage of Bitcoin Roth IRAs
When you’re trying to diversify your investment portfolio, it’s important to go beyond the usual options of stocks or bonds and consider new investment opportunities. There are many advantages to diversifying your portfolio. You'll have lower risk thresholds, greater returns on investments, and potentially lower fees. What you invest in is just as important as who you invest with. A fund manager or investment platform with a poor history of returns could spell disaster for your portfolio. On the other hand, a successful company, platform, or … [Read more...] about USAA ETF Review – USAA Launches Its First Electronic Traded Funds (ETFs)
Not all home improvement projects come with a high return on your investments. In fact, some home renovations can be downright disastrous for your budget and home value if you don’t do some careful research in advance to avoid throwing your money down the drain. It’s all about home-buying trends and preferences of potential buyers in your area. While “smart” appliances and home security upgrades are currently popular, you might be surprised to learn that luxurious additions to your home or backyard might actually hurt your home’s resale … [Read more...] about 5 Home Renovation Projects that Have the Worst Return on Investment