finance Archives - Page 6 of 6

Feb262018 by David KollerNo Comments

3 Things That Could Be Compromising Your Financial Flexibility

Finance

Many people live from paycheck to paycheck, finding it difficult to survive in general and discovering it’s impossible to pay for unforeseen expenses. If this sounds familiar, you may be able to exert greater control over your financial Flexibility. Achieving that goal is often possible once you understand the things that could be making it harder to manage your finances effectively. A Lower-Than-Average Salary If you consistently work hard but find you hardly ever have enough income to pay the bills, it’s a good idea to do research and see if perhaps your employer is paying you less than it should for a hard day’s work. Determining that information could be difficult since people don’t usually like to discuss their salaries. Because of that reality, you may have trouble ge...

Aug272017 by adminNo Comments

Is Running a Rental Business Right for You?

Real Estate

You’ve been thinking of dipping your toes in the rental business for a while, but the idea of investing in real estate for the first time can be a bit daunting. And if you plan on being the landlord for said property, that can be even more intimidating. Alternatively, this can be a very rewarding gig or side gig—financial and otherwise. So is running a rental business right for you? Do You Enjoy Home Improvement? Sure, you can outsource work on your rental property but, again, keep in mind that’s more cash out the door. If you’re a DIYer and actually enjoy puttering around the yard and making improvements to the house, this could very well be a dream gig for you. And the thing is you need to do these tasks to get what’s called “sweat equity”. As Trent Hamm of The Simple Dollar no...

Aug152017 by Paul LinusNo Comments

How To Manage You Finance Intelligently

Finance

Financial independence is not something great or tough to achieve. It is simply the intelligence on how you manage your finance efficiently. Do take note that accumulated wealth does not make an individual rich, but what matters here are information, knowledge, wisdom and know-how. Below are couple of cool suggestions how you can stand strong on financial grounds: Plan monthly budget It is true rising income is not an easy task, but you can easily reduce your expenses. Certain expenses are voluntary in nature and so you can easily control those. It is recommended to cut down your expenses to certain percentage like about one-tenth of the total and invest in long term equity mutual funds. You will see over the period of say 20 or 25 years it will yield you huge. Treat the investme...

Aug32017 by adminNo Comments

Achieving Financial Success: How to Straighten out Your Finances

Finance

We all aspire for financial freedom. Money is a critical aspect of our lives. Over a third of American investors define financial success as being debt free. It is also defined as the ability to save money for long term goals like education and retirement. Financial hardships have a negative impart on our lives. Lack of money creates stress, anxiety and disagreements in our lives. In fact, it ruins marriages, tears families apart and keeps people from achieving their dreams. We all need to have money to live. How to achieve a financial breakthrough Achieving financial freedom involves taking several steps. You must change your financial habits, make good decisions about the resources you have and live positively. Regardless of your income or age it is critical to have a personal f...

Apr182017 by adminNo Comments

6 Ways to Keep Your Financial Information Private

Finance

The world is now revolving online. You can pay bills, buy groceries and trade stocks – carry out just about any type of financial transaction you want – while lying on your favorite couch at home, using your laptop or smartphone. However, identity theft is also a real threat, and keeping your financial data private requires that you take a proactive stand in how you approach your own online security. Whether you are someone who files your hard-copy bank statements and loan depot review information routinely or only carries out your transactions online, there are ways of minimizing the risk of your information landing in the wrong hands. Here are six ways of keeping your financial information as it should be – private. Get a Shredder If possible, you should always limit the amount of p...

Apr52017 by Paul LinusNo Comments

Tips To Improve Financial Skills

Finance

Keeping a balanced financial situation for your company should be the call for every entrepreneur. A perfect balance sheet reveals good health of an organization. It attracts more investors in short term and as an aftermath paves the way towards better growth. Learn from experts Harvard Business School professor Richard Ruback says one should be very conversant on the subject even though he or she is not updated with finance like an expert. Discussing more with others will be better. It is well said if one speaks the language of money, success will follow you. Overcome fears Finance is not something like rocket science. It is as simple as counting balls and strikes in baseball. It is not complicated. Accounting is simple and mostly equipped with additions and subtractions. ...