Personal Finance Archives

Top 10 Good Financial Habits to Start Today

The following is a guest post from Marc, a personal finance blogger at VitalDollar.com. If you’d like to submit a guest post to Money Q&A, check out our Guest Posting Guidelines. Managing your money is a lifelong process, and sometimes it’s difficult to feel like you’re making any headway. If you want to know what you can do today to put yourself in a better financial situation, how about developing some good habits? In this article, we’ll take a look at 10 good financial habits that you should develop, as well as specific things you can do today to start making progress. Top 10 Good Financial Habits and Action Steps 1. Live Within Your Means Regardless of how much money you … Read more

7 Sneaky Simple Ways To Trick Yourself Into Saving Money

by Hank Coleman

Sneaky Ways To Trick Yourself Into Saving Money

The savings rate in America is dismal, and it’s heading in the wrong direction. According to the latest data from the Bureau of Economic Analysis, the personal savings rate in America is 4.5%, down from 5.6% the previous year. But do you know what’s the greatest hindrance to you increasing your savings? You. Your brain is the biggest thing holding you back from saving more, and one of the best ways to combat this is to trick yourself into saving money every day. You have to make savings a game. Here are five sneaky ways to do so. Saving money isn’t easy. Sometimes you have to trick yourself into saving money if you want to get it done at all. You have … Read more

Trying To Manage Your Debt? These Options Are Available In Scotland

by Jeremy

Everyone experiences portions of their lives when they fall on periods of financial hardship, and many of us have no idea what to do when this reality comes to roost in our lives. This guide was put together to suggest some of the most common methods of dealing with indebtedness and how to get the help you need to meet this challenging time. Seek Out Free Debt Advice No, this doesn’t mean you should speak to your friends and relatives about what to do with your financial situation. Aside from being embarrassing, it’s also likely they aren’t trained financial professionals and may give you advice based on rumor and speculation. Instead, use one of the many free debt advice groups … Read more

Financial Preparation Services Launches

by Jeremy

Financial Preparation Services of Irvine, California is dedicated to helping their clients find the best possible loan solution. They understand what it’s like to live with debt, and not all money lenders are honest and want you to be able to pay them back. In fact, recently, there are large-scale loan service providers that have come under fire for unethical actions involving how they treated their clients and actually made it harder for them to pay off their loans. As loan companies make money on interest that borrowers are paying, the longer it takes to pay back the loan, the more money they make on your interest payments. The services offered by the Financial Preparation Services team are 100% dedicated … Read more

Setting Up an Estate Plan – 10 Reasons to Do It Now

by Guest Contributor

Famed pop musician Prince passed away suddenly in April 2016, felled by the opioid epidemic ravaging America. As fans across the world mourned, reports emerged that the “Purple One” had died intestate — without a will outlining his final wishes, nor a trust set up for the benefit of his heirs. Prince’s situation was further complicated by his lack of direct heirs. He had no living children, who’d normally stand to inherit his vast wealth. After months of contentious legal battles, Prince’s several surviving half-siblings walked away with the lion’s share of his fortune, shrunk considerably by legal fees. The whole mess could have been avoided with a comprehensive estate plan. To be fair, most of Prince’s A-list compatriots do … Read more

Why It Just Makes Sense to Have an Online Savings Account

by Guest Contributor

The following is a post from Clint Haynes, a Certified Financial Planner® and Financial Advisor in Kansas City, Missouri. He is also the founder and owner of NextGen Wealth. If you’d like to contribute a guest post, check out Money Q&A’s guest posting guidelines. If you’re reading this, then you probably have some kind of understanding of online conveniences. Maybe you also check your email or shop online. The point is that the virtual world offers some real advantages, even in ways that you might not have considered. Take banking, for instance, and online savings accounts, in particular. You might be thinking: “I already have a savings account. Why do I need another?” I’m about to tell you why and … Read more