June 2019

Top 9 Common Mistakes Property Investors Make

Everyone knows that real estate is one of the finer, more profitable, and more long-term investments that you can make. But that doesn’t mean that anyone can just get into the game, and begin making money. Far from it. It’s a business that is notoriously difficult to succeed in. There are many mistakes that property investors often make. Property Investors Mistakes What draws people in is the relatively low entry barrier, and, while many succeed, there is a long list of people who did not. Usually, the failures come down to a handful of mistakes that could have been avoided. Below, we take a look at some of these errors. If you’re thinking of getting into the property game yourself, … Read more

Am I Saving Enough for Retirement? Here’s How to Find Out

by Hank Coleman

Note – The following post is part of a series of retirement education blog posts on Money Q&A and sponsored by USAA. But, like always, all opinions are my own. There’s a lot of doom and gloom reporting these days about Baby Boomers not saving enough for retirement. The lack of savings is only expected to get worse for Millennials, who are saddled with comparatively more student loan debt and struggling with slower rates of wage growth compared to their parents and grandparents’ generations. Whether you’re trying to save for retirement in your 20s or you’re in your late 40s or early 50s and on the verge of retiring within the next decade, the issue of saving enough money for retirement … Read more

What Are Interest Rates and Why Are They So Important?

by Collaborative Poster

Paying Off The Lowest Balance Or Highest Interest Rate Debts First?

Interest rates are spoken about a lot in the finance world. Whether you’re looking to borrow money from a lender or invest it, you’ll need to know about interest rates. If you have a vague idea, then this guide will help solidify your knowledge and bring some sense to the little bits and pieces you’re unsure about. If you have no clue where to begin, then this will be the perfect place to start! What are interest rates? The technical definition is that interest rates are a percentage charged on the overall amount of money that you borrow or save. So, when you borrow money from a bank, the interest rate is a percentage of the total loan that you … Read more

Securing Your Family’s Long-Term Financial Health

by Collaborative Poster

Every parent wants their family to have a fruitful future, in all areas of life, from work to love and happiness. While the details of these things will vary from one family to the next, there’ll be a solid foundation that binds all successful families together: sound financial health. Your Family’s Long-Term Financial Health If your financial future looks rosy, then so will your family’s. That’s just the way it is. But of course, making sure that your family’s financial situation and financial health are looking healthy is easier said than done. Below, we take a look at a few tried and tested tips for making it a reality. Take a read, and make any necessary changes. You’ll be on … Read more

Top 7 Lesser Known and Simple Tips for Saving Money Today

by Guest Contributor

Let’s face it; you work hard for your cash. Unfortunately, it may not be working as hard as it could be for you. You need these tips for saving money. While most of us tell ourselves that we’re doing the best we can with the cash that we have, the truth is that there are plenty of lesser-known ways to save money that could end up placing more of your pennies back into your pocket. If you’ve tried all of the obvious tips for saving money, like tracking your expenses with an online app and making sure that you have a list when you go food shopping, give these ideas a try instead. 1. Make Comparison Sites your Best Friend These … Read more

How to Protect Elderly Family Members from Financial Scams

by Hank Coleman

By some estimates, financial scams targeting seniors cost victims over $2.9 billion per year. In some instances, family members, friends or neighbors are the perpetrators of these scams – also referred to as elder financial abuse – while in other instances, it’s an anonymous cybercriminal casting a wide net to see how many seniors unwittingly take the bait and send money. Perhaps you’ve seen an elderly family member or neighbor fall victim to a financial scam before or you’re growing increasingly concerned about an older loved one’s ability to continue managing their finances. Of course, not all financial scams are alike; here are some common signs to watch out for: These are just some of the many different ways people … Read more