September 2019

Top 5 Reasons Why You Need A Last Will And Testament

You need to have a last will and testament

Many people mistakenly think that they do not need a last will and testament when they die. You may think that your valuables will naturally pass to your next of kin without very much fanfare or strife. You may think that you do not have enough assets to warrant the need of a will. You would be wrong. It is not a popular topic around the dinner table to discuss your last days on Earth, but dying without a will can not only cost your heirs time and money, but it can also prevent your final wishes from being carried out correctly. What Is A Last Will And Testament? Having a last will and testament may not be one of the … Read more

3 Tricks You Should Be Aware of When Getting a Loan

by Jennifer Davies

People need money for different purposes and goals, and sometimes being short on money can cause distress and waste opportunities. Not everyone has emergency savings and debtless bank accounts, most people need to borrow money at some point in their lives. Loans are being taken out constantly to cover urgent bills and consolidate their accounts. Taking out a loan has always been a double-edged weapon; it could turn your life around for the better or the worse depending on how you plan your decisions. There are some tricks that you should be aware of before you apply for a loan. We’ll cover the best 3 tips that could help you understand the bigger picture. 1. Identifying the Reasons The first … Read more

Smart Ways to Handle Personal Finances for College Students

by Jennifer Davies

Should You Take Out Private Student Loans for College?

Oh, college. It’s the time where many new adults gain a semblance of independence from their parents. College is synonymous with everything young, with education pretty far down on the list. And, students need to learn personal finance for college students. In many instances, it is the time to make mistakes and form your adult habits that, whether good or bad, tend to carry on into the later years. One aspect about college that is often overlooked is the complete lack of financial responsibility among college students. High schools across the world put an emphasis on classes such as trigonometry and advanced placement literature. Very little of their time and resources are spent giving practical knowledge like how to save … Read more

Debunking 5 Personal Bankruptcy Myths

by Guest Contributor

For most people, the word “bankruptcy” is the scariest term in the financial vocabulary; except perhaps for “Great Recession” or “IRS audit.” Granted, filing for personal bankruptcy is a dramatic step that has significant, far-reaching consequences. It’s not something anyone feels great about. There are no bankruptcy parties, or “congratulations on filing for bankruptcy!” cards (not even the cheesy or sarcastic e-card variety). However, with this being said, there are some enduring myths about personal bankruptcy that prevent some people who should head down that road, from doing so and eventually restoring their financial health. Here are five costly personal bankruptcy myths that you or someone you care about should steer clear of… Myth #1: If you file for bankruptcy, … Read more

CountAbout Review – Easily Keep Track of All Your Finances

by Hank Coleman

When you have multiple credit cards, loans, checking/savings and investment accounts, retirement savings accounts, and bills to keep track of, managing your personal finances without missing deadlines or losing track of transactions can be enormously difficult on your own. Fortunately, there are plenty of hands-off money management strategies, mobile apps, and personal finance software programs available to help consumers more effectively track their spending and saving patterns and maintain their financial well-being. However, few apps and finance software programs can compare to the latest fintech wunderkind: CountAbout, a customizable, easy-to-use, and secure personal finance software. Unlike many personal financial management software programs, CountAbout simply requires an Internet connection (rather than taking up valuable space on your laptop or desktop computers’ … Read more

What Are Modern Day Investments? And Why You Need to Know About Them

by Collaborative Poster

Investments used to be merely depositing large amounts of money into a bank or savings account or maybe buying some shares. However, now, there are many different ways that you can invest some money and hopefully see a significant return on that investment with modern day investments. Of course, as with any investment, it’s best to take some financial advice, I’m an independent financial advisor. Especially if you are thinking of investing a large amount of money. But if you’re going to make an investment, it’s worth looking at all the options that are currently available and discovering new opportunities and modern-day investments that you may not have considered before. Peer-to-peer loans Peer-to-peer loans are a relatively new idea, facilitated … Read more