Have you been waiting to get started in investing because you think it’s confusing? Do you think that too much money is required to start, or financial advisors are too expensive? It doesn’t have to be that way. A new investment method called robo advisors has been changing the financial landscape recently. And, it’s something that you may want to consider. What Is A Robo Advisor? A robo advisor is an online wealth management service that provides automated, algorithm-based investment portfolio management advice without the use of … [Read more...] about The Pros and Cons of Using Robo Advisors to Invest
If you’re looking for simple ways to make money, then investing small amounts into a growth-driven portfolio is one of the best ways to plant the seeds for a successful financial future. This is the key factor behind the personal finance app, Acorns, which is designed to round up any purchases made with your synced cards and deposit that spare change into an investment portfolio. Here is our Acorns review. Acorns Review Whether you’re just getting started in investing or you’ve been looking for new ways to invest beyond your traditional … [Read more...] about Acorns Review – Invest Your Spare Change Automatically
For those of you living under a rock, the Dow Jones Industry Average lost a lot of points recently in a massive sell-off. But, do you know what I’m doing with my money and investments? Absolutely nothing! I have a financial plan, and I am sticking to it. Having a plan helps you weather the storm and gives you the confidence you need to stay the course. Now is not the time to be selling your investments. Just like the recession that rocked the stock market in 2008, selling in a down market when you do not need your investment proceeds is … [Read more...] about Three Reason You Should Have A Financial Plan
Earnings Per Share Growth is used to determine the profitability of a company by determining how much is the profit of the company per share of common stock outstanding after taking into account important stock dividends paid out during that particular year. In simple words, Earnings Per Share Ratio measures the amount of a company earns allocated on a per share basis. A company with higher earnings per share growth indicates that it has more profit for investors besides if you have funds you can invest it back into your business for … [Read more...] about How to Calculate Earnings Per Share Growth Easily?
Credit scoring models and factors that do/don’t influence your credit score are confusing concepts for many consumers, especially with recent changes to scoring practices (e.g., medical debt no longer factoring into credit scores). You probably already know of the major factors influencing your credit score – low credit utilization, on-time payment history, etc. – but what about the little-known factors that could also hurt or improve your score? Let’s take a closer look at 7 surprising things that can affect your credit score for better or … [Read more...] about Top 7 Surprising Things that Can Significantly Impact Your Credit Score
Note - I'm an affiliate of Tally. While all of the opinions are my own (like always), but I'll receive a small commission if you slick on a link and choose to sign up. These commissions help keep Money Q&A going. Wouldn’t it be great if there was a magical calculator that told you exactly how much you needed to pay towards what cards/loans in order to stretch your dollar furthest? Surprise: it already exists in the form of an automated debt management app called Tally. Commonly described as a “robo-advisor for credit card debt,” … [Read more...] about Tally Review – An Automated Debt Manager in a Smartphone App