Cars are an expensive item to own and operate. The everyday costs of driving and car ownership can have a serious impact on finances, and you should look at whatever you can do to reduce them. However, cars also come with some inherent risk, and these risks can drive you right into debt […]
We don’t wish bad things for anyone. But sadly, some people make huge financial and legal mistakes. This article explains some of these extreme financial mistakes, then explains some best practices for better personal finance results.
Your personal finance priorities may change dramatically over time. In your 20s, for example, you may be paying off student loan debt and saving for a home. If you have children, your financial priorities will change. From there, people in their 40s and 50s typically save more aggressively for retirement. There are some […]
Everyone gets off track at some point. If your personal finances have run off the rails, don’t worry- it happens to just about everybody.
When it comes to a financial statement audit, timing is critically important. Auditors must perform a certain amount of audit procedures, and the timing of those procedures can impact the accuracy of the audit opinion. This article defines a financial statement audit, discusses some key audit procedures and assertions, and explains why timing […]
This sign was on a trail I was hiking last week. My first reaction was: who, exactly, is being hunted? If you’re looking for a get out of debt plan, you may feel that you’re being hunted. It’s stressful, and a plan to get out of debt may seem impossible. Ask yourself a question: […]
Tell your money what you want it to do. If you want to improve your financial situation, make your income go as far as possible. Your wage might be more substantial than you think, if you make some changes to your spending and saving habits. Consider these tips to make your earnings go […]
Nearly everyone makes mistakes with money. You can make a financial mistake simply by being young and uninformed, or later in life by not paying close attention. Not a problem- it happens to everybody (or just about everybody).
Does rebalancing your portfolio really matter? Will portfolio rebalancing increase your rate of return, or reduce risk? Let’s discuss.
So, you go for a night out. You have a fantastic time. Then, you check your bank balance. Somehow, it’s into negative figures, and you’re staring down the barrel of a debt you didn’t see coming. You vow never to go out drinking again. Heck, you couldn’t afford it if you wanted to. […]