The term “financial plan” can be a little confusing because most people people have never actually seen one. To add to the confusion, there are a lot of misconceptions of what a true financial plan is or isn’t. For example, while there might be some overlap between a budget and a financial plan, it’s important to know that the two are distinctively different. Your monthly … [Read more...]
3 Tips for Staying Updated on Savvy Financial Management
We live in a fast-paced society. If you’ve ever had the feeling your to-do list grows increasingly longer while the days seem to fly by faster than ever, you’re not alone. Even consumers with a goal of learning more about personal finance can find it challenging to stay truly updated. So, what are today’s best sources of savvy financial advice? Consumers will surely have … [Read more...]
The Biggest Benefits of CFD Trading
Trading currencies, commodities, and even stock indices via CFD trading are extremely popular because of all the benefits it gives. If you’re reading this, you’ve probably already gone through some materials on trading. You’ve also probably read a thing or two about CFD trading explained by expert traders. If you have the basic idea about CFD trading but are still a little … [Read more...]
Forex Risk. How to Calculate Your Returns
The forex market, as profitable as it has been for a number of intelligent businessmen, is quite a risky endeavor. In some cases, one small mathematical error can turn your plans and investments upside down. Traders must be constantly aware of the market changes, political climate and economical landscape of the eight big players in the forex market. Therefore, a clear … [Read more...]
Getting Your Finances In Order Before Your Self-employed Journey
It's one of the most exciting times for some people, but at the same time it has plenty of uncertainties which make it utterly scary. Going self-employed, and ultimately making money your own way, is something that everyone craves. However, if your finances aren't in order, it's asking for trouble and a lot of heartache down the road. All of the above is why the following … [Read more...]