June 2020

How to Add Value to Your Home Before Selling

With lockdown restrictions lifting in States such as California, the property market is beginning to reopen, meaning the delay is over for those who have been patiently waiting to sell their houses. Lifting however does not mean entirely lifted and there are still hoops to jump through to protect the vulnerable from the deadly virus. You can add value to your house. Remote viewings and offers, for instance, and some removals can go ahead as long as they respect official guidelines. There’s further good news for sellers operating in this climate. The lack of movement on the market has forced property prices up indicating that it’s a perfect time to make a move. Further, enhance the value of your property … Read more

Why You Need Disability Insurance

by Hank Coleman

At some point in your career, you are going to get hurt. It is almost inevitable. Over a third of all Americans will eventually find that they disabled at some point during their careers and unable to work for an extended period of time according to the Social Security Administration. How will you pay your bills? How will you support your family while you are disabled? How long will your emergency fund last you and your family? It is estimated that over 70% of American employees are not covered by some type of private long-term disability insurance plan. That is why you need disability insurance. Why You Need Disability Insurance Becoming disabled either through illness or an accident and being … Read more

How to Prioritize Which Bills to Pay When You’re Struggling

by Hank Coleman

Here is the next installment in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on an upcoming week’s blog post. If you’re not familiar with Dave Ramsey’s book, you should run right out and get it. It is one of my the best personal finance books that everyone should read. Now….our reader’s question. If you are in financial trouble and tight on funds, how do you prioritize which bills to pay and which to leave until next month? There eventually may come a … Read more

Top 8 Homeownership Costs Renters Do Not Understand

by Hank Coleman

Millennials and Home Ownership - Do Millennials Need to Buy Homes?

One of the most common parts of the American Dream that millions of people strive for is homeownership, but sometimes it’s not all it’s cracked up to be thanks to homeownership costs. When first-time homebuyers are saving up for a down payment on a home, the other costs related to home ownership that come after you buy the home are oftentimes overlooked because we get so wrapped up in the “saving for a home” part that we fail to adequately prepare for the expenses that come later. The old proverb about the grass being greener on the other side is certainly true when it comes to renting versus homeownership. Rather than focusing almost exclusively on the benefits of homeownership (accumulating … Read more

Why Spread Betting Has Become Popular for Investors

by Guest Contributor

Spread betting involves betting on the price movements in specific financial markets or instruments that enable you to make money. As a spread betting investor, your goal is to speculate on the values of the various instruments, including indices, commodities, stocks, and bonds. Why Spread Betting Has Become Popular Here are some reasons why spread betting has gained in popularity: No Physical Ownership Of The Underlying Asset The best thing about spread betting is that you don’t take physical ownership of the instruments being traded. Instead, all you do is speculate if the asset price will rise or fall and at what price to purchase or sell the asset in the market. Therefore, spread betting, unlike owning underlying assets, is … Read more

The Ultimate Guide on How to Improve Your Financial Health Today!

by Guest Contributor

When it comes to improving the state of your finances, things may seem quite overwhelming. With so many different things to consider, varying challenges and a range of strategies, it is no wonder the average professional is not entirely in control of their finances. However, this ultimate guide to improving your financial health aims to simplify the process of obtaining stable control over your money matters. How to Improve Your Financial Health Whether you are battling with debts, feeling unable to save, or concerned about your retirement, the following steps will help you achieve clarity and start boosting your financial health most simplistically. Divide Your Income Many young professionals make the common mistake of living outside of their means, which … Read more