The Dangers of the Death of a Beneficiary

The beneficiaries you name in your will to receive your assets after your death or to care for your minor children are more than likely very close to you or even members of your own family. While the death of a beneficiary is a sad time in a family’s life, it is also a time that you have to take an introspective look at your own estate plan. That is the time that you need to update your will kuvubf=g and any beneficiary documents. Most investment companies that manage your Roth IRAs, 401ks, and other investment accounts allow you to name a beneficiary in order for those assets to skip probate court and be distributed directly according to your will. … Read more

What Is Passive Income? Here Are Two Ways To Earn Passive Income

What Is Passive Income?

What is passive income?You can make money while sitting on the couch. You can continue to make money in retirement. What if you could make money without even trying? What if your money could make money for you?

That’s exactly what is passive income and what it means. There are several ways or investments listed below that I have been using to earn a passive stream of income.

What Is Passive Income?


What is passive income? Passive income is making money without having to do anything. Passive income is earning an income on autopilot. Passive income is setting up some investment, job, or system that continues to pay you without you having to do anything. It does not require you to manipulate anything.

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Top 4 Great Benefits of Buying a House You Need to Know

Tips Saving Down Payment and Buying A House With Student Loan Debt

Buying a house is still part of the American Dream. There are several great benefits of buying a house that you should be aware of. While today’s housing market and the significant lack of available credit makes owning a home more difficult, it is not impossible to purchase a home. With good credit and down payment, you can find a mortgage to purchase a new home. Renting should not be your default option when there are so many great benefits of buying a house. Four Great Benefits Of Buying A House Forced Savings One of the greatest benefits of buying a house is that it forces you into a set savings plan. Every payment that you make on your mortgage … Read more

Ten Ways To Inspire Yourself To Save And Invest

To Inspire Yourself To Save And Invest

To Inspire Yourself To Save And InvestYou may have noticed that learning to play the guitar has been on my list of 100 goals to complete before I die. Not only have I been taking guitar lessons from a teacher locally, but I have also really enjoyed the lessons that Nate Savage from GuitarLessons.com puts on his site and on YouTube.

Recently Nate sent out an email to his newsletter subscribers (you can subscribe to the Money Q&A newsletter here) about meeting an incredible guitar player and one of his heroes that inspired him to strive to become a better guitar player. His video (seen here) got me thinking. What inspires you to become a better saver or investor?

You should and need to be inspired. For many people starting to save or starting to invest is a hard proposition. Far too many people think that they simply can’t save for retirement. They face living paycheck to paycheck and feel like they can’t get off of that rut.

But, you can. You can get inspired to save and invest. Starting is often the hardest part. Below are ten great ways to inspire yourself to start saving and investing, and if you are already saving and investing, hopefully these tips will inspire you to keep going and boost your financial wellbeing.

Ten Ways To Inspire Yourself To Save And Invest

Hank Coleman and Gary VaynerchukMeet Someone Famous – Like Nate Savage meeting a famous guitar player, I meet Gary Vaynerchuk at a book signing back when he was promoting his book, “Crush It!“. It was incredibly inspiring to meet him, listen to him talk, and get to ask him a few questions. I was on cloud nine for weeks and weeks, full of aspirations and inspired like never before.

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Does Bad Credit Affect Car Insurance Premiums?

Does Bad Credit Affect Car Insurance Premiums?

For years car insurance companies have used your credit history in order to help them determine the likelihood that you will file a claim on your car insurance. According to studies like the one conducted by the industry group, the Insurance Information Institute, drivers with low credit scores tend to file 40% more insurance claims with their car insurance companies. It is estimated that those with poor credit scores can find themselves paying anywhere between 20% and 50% more for insurance than someone with better credit. How Much Does Bad Credit Affect Car Insurance? No one knows for sure how bad credit affects car insurance premiums for individuals. That is because car insurance companies keep it a secret. While most experts … Read more