It is common for new traders to focus on making money and becoming wealthy as quickly as possible. As a result of this mindset, they learn about various strategies and approaches that come with the promise of making a quick fortune. The majority of these amateurs are unaware of the greatest irony in the exchange market. That is, the more they chase after money, the more … [Read more...]
5 Side Hustles You Might Want to Pursue
Do you need to make a little extra money aside from your primary job? Side hustles are a great way to earn some cash to get you through lean times, overcome a sluggish period in your business or see if something might work for a full-time gig. The pandemic has changed the way people spend their time. Whether their hours were reduced or they simply have the time to start … [Read more...]
What is a Solo 401K Plan?
This plan is meant to help people who are self-employed and who do not have even a single employee get the ability to save for their retirements. The plan helps people, such as independent contractors, freelancers, side-job contractors, and solo entrepreneurs. Most of such people had to rely solely on their work, and as a result, upon retiring, they would not have any … [Read more...]
Life Insurance: What Is It And Do You Need Cover?
We’re all going to live for eternity, right? Wrong! OK, we may not live forever but hopefully, we’ll stay a few more decades to enjoy those retirement life savings we sweated blood for during our heydays. But we can all agree on one thing; retirement isn’t the only thing we plan for in life. What if you don’t make it to that advanced age of 80+? What would be the fate of … [Read more...]
The Impact Of A Covid-19 Vaccine On The Financial Markets
While we may well look back on the coronavirus pandemic as a distinctly human crisis, it’s the socio-economic impact of the virus that may ultimately prove to be most damaging. According to estimates from the International Monetary Fund (IMF), the global economy is projected to contract by 4.4% by the end of 2020, with the average unemployment rate in developed nations … [Read more...]
Tips On How To Deal With Bad Credit
Bad credit may not be a death sentence or foreclosure but it is as bad as it sounds. For anyone who doesn't fully understand it, bad credit is a situation where there is failure to make timely payments on borrowed money which is often an indication that there is a likelihood that payments will not be duly made in the future or even worse, not made at all. This means you are … [Read more...]
All You Need To Know About Auto Loan Rates
Thanks to auto loans and the changes that have taken place in the lending industry over the last decades, you can now own a car without paying for it on the spot. If you know your way around this works, you can potentially secure loans to acquire any car you desire. But as you would expect, the interest rates on these loans are pretty high but you can deal with all of that with … [Read more...]
Are You Ready to Invest? Let’s Find Out
Investing can be an excellent way to grow your money. However, you shouldn’t be doing it if it means that you’re risking the clothes on your back or the roof over your family’s head. Remember, your money used for investing needs to come out of a separate pot – one that isn’t linked to the money you use to pay your mortgage or deal with essential bills. So, how do you know … [Read more...]
4 Financing Hacks That Can Be Used At The Time Of Emergency
Most of us have had some financial emergency in our lives. That could be related to health, education, or even mortgage. We needed some money urgently to pay off our dues, but at the last moment, that cash was hard to come by. Had we made some planned investments, we wouldn’t have gotten into that crisis at all. In this article, we look at some financing hacks that can … [Read more...]
Exploring The Many Ways Of Successful Investments For Any Youngster
Currently, investing is mostly associated with bonds and shares. Most people still think that investing is a risky activity and is suited to only those who are wealthy. However, investing is not just an effortless activity; it can also be done by people having limited funds. Young people can consider investing as an enjoyable activity. There are several ways to invest, and … [Read more...]