personal finance
The ABCs of personal finance and investing; how to invest wisely and grow your wealth.
Keeping Financially Afloat During the Pandemic
The world seemed to tilt out of position quickly this year. Many of us were unprepared for COVID-19 and what it would mean for our jobs and our lives in general. Even as steps are taken to contain the pandemic and search for solutions, many people are figuring out how to maintain at least some semblance of normalcy. If you find yourself wondering what to do, how to do it, and even if it would be possible to find coronavirus loans to help with financial needs, here are some tips that might help.
By Michael Thomas5 years ago in Trader
Financial Security and What it Means for Your Future
Financial Security – what does this mean? First we have to look at what financial security is. How many of us live paycheck to about 4 days before paycheck? How many of us worry about where our next meal will come from or if we are going to have enough money to pay that electric bill? Financial security is simply a reference to that peace of mind you feel when you don’t have to worry about if there is enough money to pay the bills and buy for for the children. It’s a peace of mind that comes from knowing you got it all covered and knowing that you even have enough set back in case of emergencies. Many of us Americans are struggling with this area of our lives. We find that there isn’t enough pay but we work long hours. I find that the problem is that most of us don’t really know how to become financially secure because we don’t know how to budget or what the necessities actually are. We all go about things as a “just jump in” method. Probably not really the best idea. For me, I have found that the first step in becoming financially secure is learning what are priorities and what are not. For example, a vehicle. Yes, a means of transportation is very important for things like getting to work, doctor appointments, WORK.......BUT, do we really NEED a 2019 fully loaded Cadillac Escalade? Do you need those name brand shoes that cost $150 when you only make $10 an hour and have 2 kids to feed? Probably not. Many of us try to tie a need and a want together not realizing that you are burning your state of finance to the ground. “I NEED a vehicle so I can get to work so while I am buying a vehicle I am going to buy something super nice!” I need shoes and I really like these Nikes. I have $400 in my bank account and I need to pay rent but I want THESE shoes so it’s ok if my rent is a little late.” Many people have that mind frame and that is the frame of mind we need to change in order to become more financially stable and secure.So, the bottom line is, financial security is that feeling of relaxation and that peace of mind knowing that you have money in savings, your bills are paid, and you are not in a state of financial chaos.
By Stacey Owens5 years ago in Trader
Future Proof: Setting Up Automated Payments for Your Loans
Future Proof: Setting Up Automated Payments for Your Loans DEBT October 17, 2018 / One Big Happy Life In a perfect world, you’d have it all together all of the time. You’d pay your bills the second they hit your mailbox–weeks ahead of the due date–and late fees wouldn’t exist anymore because no one ever missed a payment deadline. Well, while abolishing late fees may be a bit of a pipe dream, automating your loan payments is an easy way to make the other parts of that perfect world a reality.
By Akale Mandundu5 years ago in Trader
5 Types Of Business Loans Available For Small Business Owners
At various times, a small business needs extra capital in addition to incoming cash flows to ensure the smooth running of the business. During an unexpected emergency, a requirement for new equipment or a cash flow crunch, many small business owners decide to take a business loan.
By Diksha Sharma5 years ago in Trader
Why Should I Pay for Financial Coaching?
The number one question from everyone out there is: Why should I pay you to coach me on my finances? If someone finds themselves in a financial pinch, I can see how it might seem counterintuitive to spend money on a service with no guarantees.
By Leister Solutions5 years ago in Trader
