Are you worried about the cost of your first car? Here are some of the best ways that you can save a fantastic amount of money. Buy Used The Right Way Financial experts agree that it’s never a smart decision to buy a car brand new. It doesn’t matter how much money you make, so your first car definitely shouldn’t be straight out of the factory. Instead, you should opt for a used vehicle. By doing this, you can avoid the depreciation disaster. A car is always going to depreciate fast but you’ll lose more on a new vehicle. With a used … [Read more...] about Cut the Cost Buying Your First Car
Archives for June 2019
How I Plan to Maintain My Lifestyle in Retirement
Note - The following post is the 3rd and final article in a series of retirement education blog posts on Money Q&A and sponsored by USAA. Be sure to check out the 1st and 2nd articles in the series, “Am I Saving Enough for Retirement?” and “How Long Will My Retirement Savings Last?”. Like always, all opinions are my own. With the cost of living rising at what seems like rapid rates every year, adults of all ages are beginning to wonder how they’ll ever manage to retire and still maintain the same standard of living they enjoyed during … [Read more...] about How I Plan to Maintain My Lifestyle in Retirement
Does Your Business Need a Commercial Mortgage?
Even with the rise of the internet and remote working, the majority of businesses in the world still operate through a storefront. Many of these businesses may be starting out or are looking to expand on their current operations. If you’re looking to open up a store or are wanting to grow, chances are you are quite familiar with a commercial mortgage, also known as a commercial real estate loan. Below, we’ll go over the basics of a commercial mortgage and help you decide if that’s a step you need to take for your business. What’s a … [Read more...] about Does Your Business Need a Commercial Mortgage?
How to Turn Down Family Members Who Keep Asking for Money
A wise person once said, “Most stress is caused by three things: family, money, and family with no money.” Family means the world to a lot of us, but when they start asking for money, that’s when things start to get complicated. A recent study found that over a third of respondents said that money was the primary cause of friction in their relationships, and stress in any relationship can be detrimental. Whether your spouse is bad with money, a family member was hit hard by unexpected financial setbacks or a friend keeps asking you for money … [Read more...] about How to Turn Down Family Members Who Keep Asking for Money
Trading 101: What You Need to Know
The foreign exchange market (shortened to FX or Forex) is similar to a big marketplace where nothing but currency is being traded. It’s believed that it began with the Babylonians, where goods were traded with other forms of goods, gold and silver were the closest two forms to our current currencies. Forex is simply transferring a currency to another, and this process happens on an immense international level, with a turnover of 5 trillion USD of daily trade between governments, corporations, banks, and many others. The forex market never … [Read more...] about Trading 101: What You Need to Know
How Long Will My Retirement Savings Last?
Note - The following post is the 2nd in a series of retirement education blog posts on Money Q&A and sponsored by USAA. Be sure to check out the 1st article, “Am I Saving Enough for Retirement?”. Like always, all opinions are my own. If you’re worried that you’re doomed when it comes to retirement, then you might be surprised by how many options there are for supplementing and stretching your retirement income. Now that you’ve put a great deal of thought and planning into your retirement investing, as you start to look at retirement … [Read more...] about How Long Will My Retirement Savings Last?