Ever wonder why you have no money? What’s the difference between rich people and people who have no money? It’s not the money part. It’s just habits. Becoming rich requires valuing money as a tool that will maintain your financial independence, and not as a way to just gain something in the short run. There […]
There are many wealthy professionals and business owners who put off estate planning. Unfortunately, the only beneficiaries of this procrastination are the courts and lawyers. Inaction is the most significant estate planning error, but there are several other major mistakes that may occur. Below are four common errors that can prove to be disastrous. Failure […]
Thinking of buying a franchise? Starting a new business is a risky endeavor. There is absolutely no guarantee of success or profit. Many new businesses barely make enough money to break even against expenses. More than one in five businesses fail within a year. Well over half of all businesses fail after five years in […]
When it comes to buying a car, you can get ripped off easily. The average cost of a new car is $40,000. That means more Americans are opting to buy used cars. And just because the typical used car costs half that of a new car won’t make getting ripped off hurt any less. Here […]
The stock market constantly moves in cycles. Over its history, the tendency of the stock market is to move upward. However, there have been many periods that it will trend lower. Sometimes for days, but other times it can be weeks. Most retail investors look at a falling market as scary rather than an opportunity […]
Life is full of unexpected expenses and financial obligations that may require additional funds beyond our immediate reach. In such situations, a personal loan can provide a valuable lifeline to help you bridge the gap. However, securing a personal loan requires careful planning and consideration. In this blog post, we’ll guide you through the essential […]
Death is unavoidable. We spend most of our lives fearing it and trying not to think about it. However, as a spouse or head of a household, it’s your responsibility to think about death when making any life decisions. Whenever we buy life or health insurance or make a will, we do so because we […]
Bonds are a popular investment option for those seeking to earn a fixed rate of return on their money. Buying bonds directly from the U.S. Treasury is a straightforward process that can provide investors with a safe and stable source of income. By understanding the different types of bonds sold by the Treasury, investors can […]
Suppose you are considering withdrawing funds from your retirement accounts. In that case, it’s important to develop a strategy that ensures that your funds will last for a lifetime, are used efficiently, and will not be diminished by heavy taxes. The first step in creating a retirement withdrawal strategy is identifying all your retirement income […]
A car donation to charity can provide significant tax savings if you include it in your charitable contribution deduction. However, you should do a little planning to maximize the tax savings associated with your donation. Many charitable causes will accept cars and other motor vehicles as donations, as there is no tax law that prohibits […]
