Most financial wisdom you come across these days strongly advocates for homeownership, but is this really the best financial path forward for some people? We have no problem renting movies, leasing cars, staying in vacation rental homes, and even clothing (thanks to those personalized style subscription services that consumers are flocking to in order to keep their wardrobe fresh) – why do we always assume that owning a home would be a better option than renting? Of course, there are tons of benefits to owning your own home, the most … [Read more...] about 4 Scenarios Renting vs Buying Makes More Sense
There are only so many hours in a day to manage everything from house chores and work to preparing meals, staying in touch with family and friends, and taking care of your kids, pets, plants, etc. When you add in multiple financial management obligations like remembering payment deadlines, allocating funds to the appropriate accounts, tracking your spending and regularly putting money into savings, life can get pretty hectic! Fortunately, there are plenty of new, innovative solutions for simplifying consumers’ busy lives, and I’m not … [Read more...] about PocketGuard Review – Easily Track Your Spending and Create a Budget
According to a Careerbuilder survey, a whopping 56% of workers have never asked for a raise, and women are less likely to ask than men. An analysis by Salary.com found that failing to negotiate could potentially cost you more than a million dollars over the course of your career.
But, how do you ask for a pay raise? There are a couple of techniques that you can use to learn how to ask for a pay raise.
Although unemployment rates are currently at their lowest levels since before 9/11, a major problem for many … [Read more...] about
According to Mother Jones, the median income for Millennials has decreased by 10% since 2000 while average home prices have increased significantly from where they were in 2000. This massive gap is caused by a combination of stagnant (or even deflated) wages and a housing market roaring back to life after the 2008 era crash. It is often preventing many people under 35 from being able to purchase their own homes. Student loan debt isn't helping either. But, should you consider saving for a down payment and buying a house with student … [Read more...] about Can You Save for a Mortgage Down Payment With Student Loan Debt?
Note - This blog post may contain links to affiliates. I earn a small commission if you choose to sign up for some of the services described below. I’ve been blogging for over 12 years now. I often joke that I’ve lived the blogger’s dream. I have had other blogs before Money Q&A, and I sold them. In all honesty, I love writing. I love writing about personal finance, retirement planning, and investing. I don’t always love the behind the scenes aspect of blogging like search engine optimization (SEO), managing affiliates, and the … [Read more...] about My First Blog Income Report – September 2019 ($3,811)
Some of the most common benchmarks in the world of stock investing are the Dow Jones Industrial Average (also referred to as just “the Dow”) and Standard and Poor’s 500 (also referred to as simply “S&P 500”). These stock market indexes are often confused for one another, but they have many differences that are important for investors to understand. The Dow vs S&P 500 Wondering what differentiates the Dow from the S&P 500 index? Here’s what you need to know. Dow Jones Industrial Average The Dow Jones Industrial Average … [Read more...] about The Difference Between the Dow Industrial Average and S&P 500 Index