No matter what your attitude is toward money, the one thing that we all have in common is the need for financial security. The safest approach is to start a savings account, but that won't get you too far when it comes to big life events like buying a home, raising a family or getting ready for retirement. While it's important to accumulate cash for emergency liquidity, it's equally important to devise a smart investment strategy to grow your wealth. You have to make sure that it's flexible enough to change as your life circumstances … [Read more...] about Tweaking Your Life Stage Investment Strategy
The following is a guest post. If you would like to write an article for Money Q&A, please visit our Guest Posting Guidelines page and then send me an email. Could you imagine a hobby that would enhance your appreciation of art, while expanding your knowledge in politics, history, and geography? You should consider coin collecting. This would help you gain and strengthen organizational skills, which means you'd have better opportunities socializing with other people who have the same interest. If the answer is yes, then … [Read more...] about What’s in Your Pocket Change? How To Start Coin Collecting
Have you struggled saving for a house deposit in the UK? You may have heard about the helping hand that first time home buyers are getting in the UK from the government, with the Help to Buy scheme and Help to Buy ISA. Unfortunately in the US, we don’t have anything similar. And, saving for a house deposit can be extremely difficult for people looking to buy their first homes. Here are some tips for saving for a house deposit. Tips for Saving for a House Deposit On A Budget If you’re struggling with saving for a house deposit which … [Read more...] about Saving for a House Deposit When You’re Already On a Budget
There is a new acronym floating around Wall Street and investing circles. FANG stocks - Facebook, Amazon, Netflix, or Google. Of course, Google recently changed its name to Alphabet, but FANA doesn’t have the same bite as FANG. But, what are FANG stocks? And, more importantly, should you invest in them. I’m here to tell you that you should stay away from buying these four stocks individually. You probably already own them and don’t even realize it. What Are FANG Stocks? What are the FANG stocks? And, why are they so hot on Wall Street … [Read more...] about Do Not Invest In FANG Stocks!
Finding a home that you want to buy is a long and drawn out process that has obvious rewards. A vital part of getting the price on the home that you want is finding the best mortgage lender in your area to deal with. Generally, you will have a variety of different lenders to choose from, so you will need to put a lot of thought in to this decision. You need to sit down and figure out what you need from a mortgage lender and then go out and find a company that fits the criteria. The following are a few of things that you need to look for … [Read more...] about Things to Look For in a Toronto Mortgage Lender
As a parent, you want only the best for your kids, which includes a college education. While they are likely stressing about SAT scores and college essays, you have to worry about finding the money to send them off to college. Today’s cost of higher education can be a financial drain on even the best-off families. The key is to start your financial planning for college early so when the time comes with these college financial planning tips, you will be prepared. The following tips will help you plan for your kid’s college costs, without having … [Read more...] about College Financial Planning Tips For Parents