personal finance

The ABCs of personal finance and investing; how to invest wisely and grow your wealth.

Payday Loans Laws by State, Simplified
It is not unknown that the United States of America follows the concept of decentralization, which means that all the power is not held by the central government solely. The federal government too, has its hands full when it comes to making the right decisions for its respective state and fortunately or unfortunately, payday loans come under the law by the state.
By Novlik6 years ago in Trader
Should we change our feelings towards Money?
Ah yes, money. It's one of the things in life that we chase and are influenced by the most, but at what cost? It's the great divide at the dinner table and taboo talk in some friend groups. we just don't talk about money like were supposed to, but is that affecting how much we accumulate?
By TheMillennialsJournal6 years ago in Trader
5 Money Habits I Learned From My Parents
As children we learn from seeing our parents’ behavior as much as we do from what they teach us directly. And that’s especially true when it comes to money. Culturally we don’t really talk to our kids about money but despite that, habits and perspectives are ingrained from a young age.
By Jacob Shaw6 years ago in Trader
Are you thinking of Home loan bank transfer? Here is everything you need to know
Today, home loan process is a boon to those who aspire to buy a house for themselves without having any concrete savings. Purchasing a house is probably the biggest investment people make in their lives. The high property rates and less savings are hurdles in the lives of many. It can be eradicated through the money borrowing process. Many governmental and private lenders are providing lucrative home loan offers to motivate aspiring house owners to come forward. Today, the policies even allow people to transfer their loans from one organization to another.
By Shweta Panwar6 years ago in Trader
Direct Lenders Loans - Online or Conventional
The terminology related to loans can get quite confusing and most books, websites and even vlogs tend to use industry jargons or vague wording to describe most terms. So to start of it, let’s first describe what is referred to, here, when we say “Direct Lender”, “Online Direct Lender” and “Conventional Direct Lender”.
By Novlik6 years ago in Trader
Reverse Mortgages
The majority of reverse mortgages are called HECMs (Home Equity Conversion Mortgages), which are insured by the FHA (Federal Housing Administration). You must be at least 62 years of age to qualify, and similar to a traditional mortgage, your home is used as collateral to obtain the loan.
By Luciana6 years ago in Trader
What Do Lenders Consider Before Approving A First Time Buyer Mortgages
Lenders always look for certain things before deciding to grant a first time buyer of mortgage. They do this to make sure that the buyer will never default the mortgage loan nearly in the future. They look at certain factors to find out whether they should grant a mortgage buyer’s request or not.
By Madelyn6 years ago in Trader
Why I Read This Book Every Year
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That The Poor And Middle Class Do Not! By Robert Kiyosaki Perhaps one of the most criticised and controversial personal finance books, it has become the number one personal finance book of all time. It provides a perspective on how we think about money through a different lens that challenges the traditional education system.
By Billi Fox6 years ago in Trader
Interest Rates
When you take out a loan, you have an option to choose between a variable or fixed interest rate. Having an understanding of the difference between the two and the risks associated with each one can help you make an informed decision and avoid potential consequences down the line. While fixed interest rates remain constant throughout the life of the loan, variable interest rates may fluctuate depending on a variety of factors, such as economic conditions.
By Luciana6 years ago in Trader
How to deal with a debt collector
The doorbell rings and you ask yourself, who will it be? Open and you find yourself face to face with a debt collector at home that is recuperate in charge of the financial company that you have not been able to pay for some time. What can you do or not do? A well-dressed gentleman - debt collector shows up, pulls some papers out of the briefcase (maybe some green envelopes to impress you, like those of the official records) and insists on entering your home and getting your commitment signed installments overdue. Maybe guaranteed by bills.
By Muhammad Siraj6 years ago in Trader
Visa misrepresentation is up during the pandemic
Twirly doo ROUGE, La. (WAFB) - Since the coronavirus shut down the US economy two or three months prior, Fidelity National Information Services, a cheat checking administration for banks, has seen a major hop in endeavored Mastercard tricks.
By kanika 6 years ago in Trader
Why Passive Income is Important
What is Passive Income? Passive Income is generally defined as a stream of income earned with little or no ongoing effort needed from the individual receiving the passive income in order to grow the stream of income. Passive income is income that is not proportional to the time you physically put into acquiring it. Active income (typically one’s regular job or additional part time jobs) is a direct exchange of your time and skills for money.
By Casey Botticello6 years ago in Trader