Buying a property as an investment is a big step – you need to make absolutely sure you’re getting a return for the amount of risk that you take. Your rental income is a business, like any other, and you should run it that way. Constantly looking for ways to make small improvements […]
Managing your finances when you have a regular income can still be tough, but as long as you budget properly and don’t rely on borrowing, you should be fine. But what if you lose your job and that income suddenly disappears? People think that it’s never going to happen to them, because they’re doing […]
The unexpected can be frustrating. We’ve all been there, life’s moving along just fine and then- out of nowhere- the washing machine breaks, the car needs major repair work, and you’re left trying to find the money to cover the cost. Meanwhile, there’s the added stress of the fast-growing mountain of laundry to […]
After decades of living as a salaried employee, retirement marks a significant change in how you manage your money. When living on a fixed income, it’s more important than ever to follow a budget and keep expenses predictable. If you’re nearing retirement and starting to plan your financial future, these are four tips you need […]
A health problem may require you to do two things at once: follow your Doctor’s advice, and monitor your finances. You can’t balance these two important tasks alone, and you need the help of other people, and a plan. Always Have a Plan in Place The first step is to prepare in […]
When it comes to growing your money, there’s not always a one-size fits all answer. The most common form of investing is stocks and bonds, but other people take more risk by day trading, or investing in commodities. Another option is real estate and buying property, and you need to understand the risks […]
To build wealth, you need to plan and use self-discipline. Successful investors take steps to create a budget, monitor spending, build a saving balance, and to consistently invest. Use these tips to improve your personal finances. Short Term Check your accounts regularly While it might seem like a hindrance, checking your accounts regularly […]
To build wealth over time, you need to invest. Before you invest, you need to make an honest assessment about the risks of investing, and the potential rewards. Here are three rules for making sensible investment decisions. Be Willing to Change Successful investing requires a willingness to change. The reason that […]
Buying your first home is exciting, but the costs can add up quickly. When it comes to purchasing property, the price is often much higher than you expect, because there are many hidden costs that can sneak up on you, causing unnecessary stress. To create an accurate budget, here are some costs you’ll […]
Taking charge of your money is critical, if you want to build wealth over time. It’s important to have good money management habits, and create a monthly budget. Think carefully about what it takes to balance your finances, and to build a savings balance. Working toward stress-free financial management can make a huge […]