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Published: Wed, 25 Apr 2018 21:33:23 -0500


Why Do More and More People Choose Online Payments?

Wed, 25 Apr 2018 20:07:17 -0500

Consumers are used to having instant connections with information, entertainment, other users through text message, social media and products they want to purchase. Since people expect that almost all their needs can immediately be addressed with the help of technology, it is not surprising that they would rather go for online payments and the businesses that accept them. The top reasons why people choose online payments are as follows: They get rid of geographical limits.

Online Bill Pay and How It Works

Wed, 25 Apr 2018 20:06:50 -0500

Online bill pay is fast becoming a popular means of payment among people who want to practice good debt management skills, and save on both time and money in the process. What exactly is online bill pay? Generally, it is a payment method that lets an individual carry out payment instructions to creditors electronically through a computer program.

Online Bill Pay and Its Benefits

Wed, 25 Apr 2018 20:05:57 -0500

For every one of us, there are several bills that are paid on a monthly basis. The list includes rent or mortgage, electricity, credit cards, cell phone, internet and cable, among others. Most people pay an amount in double digits.

How to Transfer Your SBI Savings Account From One Branch to Another Online

Mon, 23 Apr 2018 15:07:51 -0500

Those days are gone when people had to stand in long queues, fill forms, submit innumerable documents and then wait for several weeks to get their savings accounts transferred from one branch to another. With the help of internet, account transfer from one branch to another has become quick and hassle free.

Investment Strategy: The Investor's Creed Revisited

Wed, 18 Apr 2018 07:11:27 -0500

The "Investor's Creed" sums up several basic asset allocation, investment strategy, and investment psychology principles into a fairly clear, personal portfolio management direction statement. Through the application of a few easy to assimilate processes, you can plot a course to an investment portfolio that regularly achieves higher market value highs and higher market value lows while consistently growing both working capital and income... regardless of what is happening in the financial markets. So rather than rejoicing through each new stock market rally or lamenting each inevitable correction, you should be taking actions that enhance both your working capital and its income productivity, while at the same time, pushing you forward toward long term goals and objectives.

What Causes Volatility in the Pakistan Stock Market

Tue, 17 Apr 2018 14:05:57 -0500

For a long time, Pakistan's Stock Market was performing exceptionally well. Over the years of continued stable political and improved security indicator further strengthened the economic activity in the country. All of a sudden, political turmoil gripped the country in wake of Panama Leaks accusing head of the ruling party.

What Is Emotional Spending and Saving?

Mon, 16 Apr 2018 13:13:05 -0500

How you use your money is a reflection of your thoughts and emotions. Another way to say this is that you handle your money according to how you think and how you feel. When your thoughts and emotions are unbalanced or unhealthy, this will show up as unbalanced spending, addictive behaviour or irrational decision making.

The Power of Thrift

Tue, 10 Apr 2018 14:01:27 -0500

If you look up the word "thrift" on the Internet, you'll find that it's generally related to being extremely careful with money. But thrift is much more than that and that it's an extremely powerful way of life that you should give serious consideration to.

How Do Credit Card Companies Make Money?

Fri, 06 Apr 2018 09:23:04 -0500

A number of banks and financial institutions are offering credit cards nowadays. But how do these card issuing companies earn money from their credit card business? While fees and charges help the banks earn, here we will learn about the other ways how they make money from this venture.

Why People Rarely Get Rich Quick

Thu, 29 Mar 2018 20:56:49 -0500

The world seems like a huge ball full of endless opportunities to get rich but still millions, if not billions, of people are stuck in poverty. While some cases may be argued as sheer bad luck or misfortune, most people are simply not becoming rich because of various factors that will be highlighted. Most people don't become rich quick because of the failure to balance the paradoxical process that is full of contradictions, requiring a strategic balance of the various elements.

How Stress Affects Your Wallet

Thu, 29 Mar 2018 20:54:28 -0500

Worry and anxiety are probably the most operative words usable as descriptive vocabularies of the term stress. Do you have fear or anxiety clouding in any sphere of your life? Do you have professional or job-related stress?

5 Ways Being Overweight Costs You Money

Thu, 29 Mar 2018 20:51:57 -0500

Obesity is not only costly to your health, but being overweight also has adverse implications on your finances. Apart from the obvious medical expenses associated with treating health conditions such as diabetes and high blood pressure arising from being obese, here are 5 nonmedical ways being overweight costs you money. Loss of income Lost wages are the earnings an employee does not receive from their employer because they missed work or were unable to work for one reason or the other.

Actions to Do If You Want Your Personal Finances to Improve

Tue, 27 Mar 2018 09:16:05 -0500

The articles outlines 25 must take steps for people who are passionate about improving their personal finances this year. These steps if properly followed guarantee a boost in the individual's financial life.

How To Find The Right Financial Advisor For You

Sun, 11 Mar 2018 10:15:23 -0500

Finding the right Financial Advisor can be a difficult task. This articled explains 3 things you can do to narrow the search and avoid making mistakes when selecting the best Financial Advisor for you.

How To Save Money? Heres' 25 Money Saving Tips To Work On

Sat, 10 Mar 2018 12:12:55 -0600

How to save money? Probably searched by lots of people on Google, no matter what's his/her financial stature is. Earnings and utility differ from man to man, but there is hardly any person, who's not interested in knowing the ways to save money. Interestingly, it's the human ingenuity that lets him find out the best way to save money out of his own financial position.

Retirement Plan Needs to Address Financial Costs and Burdens of Aging

Thu, 08 Mar 2018 19:54:20 -0600

Late-Boomers and Generation X members should be well on there way to planning for a future successful retirement. One key area should be a plan to safeguard savings from the high cost of Long-Term Care. Longevity results in aging and health issues including memory loss. Caregiving is hard on family and paid care drains assets. Affordable Long-Term Care Insurance safeguards savings while reducing the burden on family members.

6 Financial Investments to Take This New Year

Fri, 02 Mar 2018 08:53:27 -0600

Every New Year usher new hopes, aims, and aspirations which are unique for everyone. When it comes to achieving financial goals, it is never too late to start though it is advised to start as early as possible to get better returns.

Equating Profitability With Cashflows: A Myth in Corporate Financial Performance

Wed, 28 Feb 2018 09:57:38 -0600

A business prime reason for existence is to make profit. But is it possible to make huge profit but have cashflow challenges? Which of this variable - profit or cashflow, is more important in business operations? If you have constantly been equating profitability with cashflows, then you must read this artilce!

Online Banking Has Changed the Way We Manage Our Day-To-Day Finances

Tue, 27 Feb 2018 20:18:14 -0600

The emergence of online banking has definitely changed the way we manage our finances. Online banking has many benefits with convenience touted as the major advantage. There are many more reasons to enjoy the perks of online banking at your financial institution. We have highlighted just a few.

Reinforce Your Business Plan With Sound Financial Projections

Tue, 27 Feb 2018 09:22:34 -0600

Strange as it may sound, the creation of financial projections is far more important and complex, than the actual results. More than merely the figures, it is the planning that matters. Or restated, it is the means to the end that matters here more than the end.

Looking for Money in All the Wrong Pockets

Sat, 24 Feb 2018 18:23:49 -0600

An incident happened this past week in which I am still scratching my head. Have you ever known you had something, but for the life of you could not find it? I will accede to the fact that occasionally, I do have a streak of absent-mindedness running through me. At times, I wish it would just walk. I was fairly certain I had an extra $20 in one of my pant's pockets. It was what I affectionately refer to as my "mad Money." My wife would be mad if she knew I had it. I do not remember where it came from but my real problem was, I could not find those pants. Usually, if I find money in my pants pocket there is only one explanation. I'm wearing somebody's pants, but not mine. The truth is, my pants rarely see any extra money. If there is an occasion when I do have money in my pocket, my pants get all excited and wrinkly.

The Best Financing Options For Consumers

Thu, 22 Feb 2018 06:57:04 -0600

There are many ways in which a consumer's purchasing power can be boosted to have value without many risks. There are different providers that offered different instant credit that can be used as they shop at different stores. In some cases, customers are allowed to get a loan and then pay in installments over a period of time that is predetermined.

My Grandmother's Advice That's Still Relevant Today

Tue, 06 Feb 2018 10:59:18 -0600

Our grandmothers lived at a time when financial security was not taken for granted. Most probably, money was short, job security was not guaranteed, bank loans were not available, credit cards didn't exist, and luxuries were few. We might think that our grandmothers were unsophisticated and that we're big shots now because we have a credit card, an overdraft facility and more expensive tastes. But our grandmothers (who were the ones who generally had to manage the family budget) knew a thing or two that we'd be well advised to learn from.

Understanding "Income Purpose" Investing

Wed, 31 Jan 2018 15:28:12 -0600

The list below describes some important characteristics and concepts involved with investing in income purpose securities. Familiarization with these will aid in the development of valid "performance" expectations. Doing so will also help develop an appreciation of this important (and somehow not too often mentioned) relationship: changing market values (in either direction) rarely have any impact on the income being generated by the security.

What All Should We Know About a Unique Taxpayer Reference Number?

Wed, 31 Jan 2018 10:42:45 -0600

A UTR (Unique Taxpayer Reference) number is a 10 digit number that is remarkable to it is possible that you or your organization. It recognizes you by and by with HMRC for things identified with your duty commitments.

The Stages of a Market Mania

Mon, 22 Jan 2018 14:55:44 -0600

What is a mania? It is defined as mental illness characterized by great excitement, euphoria, delusions and overactivity. In investing, this translates into investment decisions being driven by fear and greed without being tempered with analysis, reason or balance of risk and reward outcomes. The mania is usually running parallel with the business development of the product, but timing can sometimes run askew. The late 90's boom and today's cryptocurrency boom are two examples of how a mania operates in real time. These two events will be highlighted with each stage in this article.

The History of Money Revealed

Tue, 09 Jan 2018 08:32:29 -0600

As we go about our daily activities people all around the world are beginning to discover that our money no longer affords us as much as it once did. And a large majority of society subject themselves to longer hours at work with the thinking that 'making' more money will solve the issues. Unfortunately, efforts such as these will prove to be futile in the long-term.

What Is Ripple and Why Has Its Value Increased So Rapidly?

Sat, 06 Jan 2018 08:16:21 -0600

With a 35, 000 % increase in value in 2017 and a market cap of over $118 billion, Ripple has become a much-debated topic among analysts and investors alike. But, what is Ripple? Is it like other cryptocurrencies? Why has it been on fire lately? Continue reading to get answers to these questions.

TR Binary Options ProOption

Thu, 04 Jan 2018 15:01:16 -0600

TR Binary Options offers one of the most innovative binary option tools on the market: the TR Binary Options ProOption. Learn how to make more money with ProOption now!

American Express Credit Card - Find the Ideal AMEX Credit Card for Your Needs

Thu, 04 Jan 2018 14:43:38 -0600

Did you know that American Express offers 9 credit cards in 7 types, with 3 kind of reward programmes? For a world that thrives on choice, there is something for everyone in the American Express credit card collection, though most of the cards are good for frequent flyers and fans of Singapore Airlines. Let's take a quick look at each card and its benefits.

Ideal Legacy Planning Strategies for Businessmen

Thu, 07 Dec 2017 10:57:39 -0600

Legacy planning is hard, especially for businessmen who want to leave a lasting legacy. Here are a few tips to make the process easier for them.

What Are Your Financial Resolutions For The New Year?

Tue, 05 Dec 2017 21:23:16 -0600

2017 is quickly coming to a close. It's a perfect time to renovate your financial life by making resolutions that can move you closer to financial freedom in 2018. Here are a few tips to get you started.

Focused Money

Mon, 04 Dec 2017 08:54:48 -0600

Money mistakes are the most common cause of financial independence.Learn about making smart decisions with money.

Why You Should Learn to Swing Trade, Even If You Have a Busy Life

Wed, 08 Nov 2017 13:59:36 -0600

I tried day trading once. I tried to fit it in between working 60 hours a week, continuous meetings and phone calls, coaching, volunteering for school, etc. Let's just say it didn't work out.

Traits And Skills of Bank Customer Service

Wed, 08 Nov 2017 09:13:13 -0600

Customer service is one of the most important parts of mobile banking. Banks are actually service based kind of business so many of the activities involve service elements. They do sell financial and banking products, but the tangible product is very little. The service manager's deal with service issues directly, but there are some jobs that have to do with service.

Telephone Banking And Its Popularity

Wed, 08 Nov 2017 09:12:36 -0600

Banks as well as other kinds of financial institutions provide telephone banking. It allows customers to perform different kinds of financial transactions on phone without necessarily going to the bank physically or going to the ATM. For this kind of banking, customers enjoy longer opening times and there are actually institutions that make the service available 24 hours every day. There are restrictions regarding the accounts accessed through this method and amount limits that one can transact.

How to Handle the Effects of Inflation During Pre-Retirement and Post Retirement

Wed, 01 Nov 2017 14:42:36 -0500

We often hear from our parents and grandparents that they used to buy movie tickets for Rs. 5. Milk that we used to buy for Rs. 13 few years back has doubled now. Have you ever thought why such change in price happens? The answer is inflation.

Are You Aware of These 4 Improbable Claims Often Made to Investors?

Tue, 31 Oct 2017 14:58:11 -0500

Buyer Beware "The buyer needs a hundred eyes, the seller but one". This proverb cannot be over emphasized as a buyer needs to be on his guard whenever he or she chooses to make a purchase of goods or services.

What Can Bring an Economic Boom to India?

Tue, 31 Oct 2017 11:04:02 -0500

How bad is bad? Or for that matter how much sugar is there in sweetness, really? Perhaps we rarely stop to think. Bad or good are more or less absolute to us, and we often refrain from probing further into their causes. Personal health is one area however, which we do not leave to chance. So why should we not do the same about our financial and economic health?

Equity Financing: The Accountants' Perspective

Thu, 26 Oct 2017 09:25:52 -0500

Deciding to finance business could either be by equity or debt is viewed in different ways by different stakeholders in every business. The Accountant also has a perspective on that which I have expressed an opinion on.

The Importance Of Financial Means

Wed, 25 Oct 2017 15:13:22 -0500

They say money can't buy happiness. That is not entirely true. In today's world in America and all around the globe, money is the predominate means to attain the necessities of life.

How Long Is 'Long Term' in Equity?

Wed, 25 Oct 2017 07:45:06 -0500

For someone running the last 100 meters of a 42 Km marathon, one sec can seem to be quite a time. On the other hand, to change a simple habit in your life, a decade may seem quite small. Long Term, therefore, is a relative term in life. But it is not so in equity investments. Whether it is mutual funds or stocks, we can define Long Term quite precisely, clearly and objectively - with logical data points. Let us see how.

Eight Habits That Can Drive You Into Poverty

Mon, 23 Oct 2017 14:19:19 -0500

Many people are driven into poverty not as a result of their circumstances of birth but as a result of their own habits. I have explained here those habits. Pay close attention to this articles. Perhaps it will help you to avoid those habits.

Interest Rates Are Rising in Canada - Should You Be Concerned?

Wed, 18 Oct 2017 19:00:13 -0500

Interest rates have been rising slowly over the past 6 months in Canada. If you have debt, should you be concerned? First of all, if the debt you have is credit card or private debt that carries a high interest rate (20% or higher), the interest rate changes will likely not affect this. For other types of debt, it depends on what it is. There are 2 stages in looking at this.

Universal Basic Income: Visionary or Wishful Thinking

Wed, 18 Oct 2017 15:22:35 -0500

Universal Basic Income, also known as UBI, social credit and Basic Income Guarantee, is not a new concept. However, it is being looked at newly by the State of Hawaii as a solution to how AI (artificial intelligence) is likely to take over many of their jobs.

The Lure of Easy Money: Islamic Finance in the Age of Capitalism

Wed, 18 Oct 2017 14:56:26 -0500

Money. Money makes the world go round, or, well, any direction you want if you own it. So, when it comes to easy money, boy, it makes the world go haywire! Easy money - that is earned without the sweat and toil, normally, required for earning a livelihood. Who wouldn't, at least, be tempted by it? Society and its priorities change with the seconds of the change in time. Whereas morality and integrity were of utmost significance at a time in an obscure past, the priority of society, today, is amassing heaps of wealth. One may question, why not? If, having more zeros after a figure in your bank statement, surely, means having a greater influence and a vaster dominion over the world, then why are you playing the guilty conscience card on us?

Money Advice: 20 Minutes Learning to Help Make You Rich

Tue, 17 Oct 2017 08:47:28 -0500

Money advice: What money advice can you learn in 20 minutes to help you become rich? Here discussed 19 wise money tips to make you rich painlessly but with ironclad willpower. Napoleon Hill wrote: "to become rich consist of doing." Thus, get the wisdom here and act on it. You will become rich.

Benefits of IFSC Bank Codes

Mon, 09 Oct 2017 13:36:22 -0500

With internet banking becoming such a snowballing phenomenon, banks have to ramp up the accuracy and safety of such transactions. One of the ways to do that is by making details such as the IFSC number of the participating banks a mandatory pre-requisite when conducting these digital transactions.

5 Reasons Financial Planning Is Different For Women Than Men

Thu, 05 Oct 2017 11:37:49 -0500

Financial planning saves a lot of stress and anxiety over money. Both men and women - single or married - should take part in planning for their future. But women face a different set of challenges...

Planning and Achieving Financial Fitness in Singapore

Mon, 02 Oct 2017 07:44:51 -0500

This article gives reader a step-by-step overview of how to plan for and achieve financial fitness - from settling debt to investing excess cash flow. Each step is explained, in laymen terms, to ensure that readers grasp the concept at a glance.

How Does the RBI Rate Cut Impact FD Interest Rates?

Tue, 05 Sep 2017 14:02:25 -0500

RBI lends money to banks at a specific rate of interest which is known as the repo rate. Whenever RBI cuts the repo rate, banks reduce FD interest rates as they can now borrow from the Reserve Bank at lower rates. Banks take some time to implement rate cuts. It is this window that investors should utilise to invest in fixed deposits that offer higher interest rates. Before investing, investors should use FD calculators to find out the maturity amount and interest they would get on investments.

Will RoboAdvisors Inadvertently Cause Artificial Intelligent Market Makers?

Wed, 30 Aug 2017 06:47:07 -0500

Due to over regulation in the Financial Planning Sector most CFP (Certified Financial Planners) cannot afford to take clients who have less than $500,000 in net worth. This now leaves a huge gap in the market and means most in the Middle Class are left in the cold. To fill this gap financial firms have developed RoboAdvisors which uses artificial intelligence to help people determine how best to invest their money and develop their financial retirement portfolio based on their income, risk aversion, lifestyle, and time until retirement. On the surface this sounds like a sound solution, but it's not without its own set of challenges - one of which I'd like to discuss here today.

The Ultimate Savings Apps for Non-Savers

Tue, 29 Aug 2017 10:51:10 -0500

Nearly 50% of the American population has no savings set aside for retirement. Why? The reasons vary, however, for most, it is simply a lack of discipline. The apps covered in this article make saving completely hands-free.

The Importance of Knowing Your Break Even Point - BeP

Fri, 25 Aug 2017 11:40:08 -0500

BeP or Break Even Points are at the very core of what determines success for your business; they determine one of the most basic aspects of a trucking business - the hauling rate. The reason why so many trucking firms fail is because they don't factor in operational costs when establish hauling rates.

4 Problems That Legacy Planning Addresses

Tue, 15 Aug 2017 09:52:51 -0500

Legacy planning addresses many of the financial and familial concerns that one may have when leaving behind an estate. This article talks about a few of them here.

Three Lessons Learned on the Red Clay of Kay County

Mon, 14 Aug 2017 13:32:23 -0500

Mentors are incredibly valuable. This article is about the impact my grandpa had on my life and the three most valuable pieces of advice he gave me.

Five Common Ways People Lose Their Retirement Savings

Wed, 09 Aug 2017 11:02:31 -0500

When you've saved your whole life, you want to protect your assets at all costs. Regardless of whether you are nearing retirement or already there, you desire to preserve what you have diligently worked for. But did you know that there are certain behaviors that could cause you to lose your retirement savings?

Don't Squander Your Income

Thu, 03 Aug 2017 11:53:23 -0500

Today's world is brutal for anyone trying to get ahead. The expense of everything makes it hard to save and the cost of living is rising daily. Jobs are also hard to get and people falling through the cracks are now living on the streets in many cities.

Success in Retirement Planning May Start With the "B" Word

Mon, 31 Jul 2017 14:19:01 -0500

When the subject of conversation turns to budgeting folks begin to squirm in their seats, their eyes glaze over and one can almost read their thoughts; "I'm going to have to give up life as I know it!" That is not and should not be the outcome.

5 Benefits of a Multi-Generational Advisory Firm and What It Means For You

Mon, 31 Jul 2017 10:46:18 -0500

Many clients of financial advisors share a common concern and fear. Because the process of finding an individual to trust with their money is not something to be taken lightly, this concern can be magnified. Clients wonder what happens to them if their financial advisor retires or unexpectedly dies. Now what... ? Is your financial advisory firm prepared to deal with these what if scenarios? This commonly voiced concern is why advisory firms and the financial industry have begun focusing more on succession planning and multi-generational advisory teams. If multi-generational has you thinking "Big Deal" or "Who Cares?"... here are 5 benefits of a multi-generational advisory team and what it means for you.

One Dollar

Mon, 31 Jul 2017 09:39:23 -0500

Each of us wants to get ahead. And many are struggling to survive. The Nobel Prize winner, Doctor Albert Schweitzer, was asked: "what's wrong with men today?" He thought for a while. Then answered, "men simply do not think."

Scrap the Paper and Go Paperless

Tue, 25 Jul 2017 07:00:04 -0500

What are the benefits of a paperless lifestyle? Collecting bank statements, invoices, receipts, can cause unnecessary stress. It is important to streamline your life by going paperless and the payoff will be great. There are many benefits and methods of going paperless which are highlighted in this article. You will save time, money and will reduce your environmental impact. Say yes to paperless!

Living by Our Heartfelt Intentions

Thu, 20 Jul 2017 09:57:53 -0500

Let's look at what "Purposeful Spending" really means. It means, you get crystal clear on what you want and need in life and every time you spend, it is in full alignment with what you said you wanted and needed.

Sell Your Property FAST - With an Owner-Financed Mortgage Note

Wed, 19 Jul 2017 14:08:01 -0500

Find scores of buyers for your property with owner-financing. Create a mortgage note on your terms and then sell it for cash.

Money Transfer Threatens - Beware!

Mon, 17 Jul 2017 08:02:18 -0500

Would you trust anyone to babysit your child or care for your dog while you are away, without checking their credentials? Most certainly not, right? At least that's how we hope you would respond.

Saving Money to Save

Thu, 13 Jul 2017 09:40:18 -0500

Most of the personal finance books and blogs talk of saving money by being a smart and frugal shopper by using coupons, buying one get one free, perusing sales circulars or checking in to the merchants phone apps; but I have yet to read any advice on what to actually do with the amount of money that you save. If I just merely acknowledged that I saved half-off retail price on a pair of sneakers which is about a $40 savings then that's one thing, but that just keeps the balance on my checking account higher by $40. I would probably just find another item to spend that $40 on since it is technically free right? Get more retail bang for my buck so to speak. Instead my hack strategy recommendation is to discipline yourself to sweep that $40 you save into your savings account.

3 Mistakes Most Investors Make

Mon, 10 Jul 2017 11:13:05 -0500

Most investors make the same mistake by scattering their "eggs" in different "baskets". You don't have to make this mistake any more!

Five Practical Ways to Have More Money in an Economic Recession

Mon, 10 Jul 2017 08:18:28 -0500

You will agree with me that there is somebody you know who seems to always have more money than you, and you have been wondering what is his/her secret. Now listen up let me tell you how to HAVE MORE IN LESS. This is what am applying in my life and it is working

The 10 Most Common Sales Tricks

Wed, 28 Jun 2017 08:46:41 -0500

What is really happening when someone is trying to sell something to you? Here we reveal just 10 of over 100 tricks and techniques salespeople are taught to use when selling to us.

Top 5 Benefits of Outsourcing Your Bookkeeping Operations

Mon, 26 Jun 2017 10:38:45 -0500

Nowadays doing online business has made us more connected to each other, moreover it has become an important tool in bringing people closer in doing day to day work as well as backend business. Online community has made a difference in bookkeeping. It is like a tedious task which no one wants to do but avoiding it can produce serious repercussions. Thus the business owners want to hire someone who could do bookkeeping for them. Instead of doing it by themselves or doing it in house, business owners are finding it more advantageous by outsourcing it. Below mentioned are its top five benefits:

The Benefits of Donating IRA Distributions to Charity

Sun, 25 Jun 2017 10:45:10 -0500

If you've accumulated a significant amount of money in traditional and rollover individual retirement accounts (IRAs), you may want to consider tax-efficient strategies that can reduce your tax burden and benefit your favored charities. IRAs, while an effective tool for retirement savings, may also create tax challenges when you start taking distributions, which are subject to income tax. So how can you turn your IRA distributions into charitable donations and reduce your tax burden?

Financial Considerations for High-Income, High-Debt Professionals

Sat, 24 Jun 2017 09:34:48 -0500

Doctors, lawyers and other highly-trained professionals often have their sights on lucrative salaries once they complete their courses of study - but many are also saddled with a less pleasant graduation gift: outstanding student loans. For those who've landed a well-paying job in their desired fields, the dual reality of commanding a big salary while being encumbered with debt can lead to financial mistakes. But, as with many complexities in life, having a plan in place can help.

Create a Cash Cushion - Level III to Financial Freedom

Wed, 21 Jun 2017 10:50:31 -0500

After you have completed Level II of the game to Financial Freedom and started a Retirement Plan, it's time for Level III - creating a Cash Cushion. What's it going to take to win this level? You need to have an emergency fund. That's right, you need to set up a simple savings account and start putting away at least 3 months of expenses. Sounds pretty easy, right?

Florida Online Deed Sales - 2017

Tue, 20 Jun 2017 08:02:50 -0500

The reason that there are so many tax deed sales throughout the year in Florida, instead of just one county tax sale each year, is that Florida is really a tax lien state. As long as you do your due diligence on the tax sale properties and only bid on good properties, you won't have to worry about getting the property.

5 Harmful Credit Report Myths

Sun, 11 Jun 2017 10:36:14 -0500

Requests for credit reports from American credit reporting agencies have skyrocketed in recent years. Given the importance of credit, here are five of the most pernicious credit report myths, along with the facts about maintaining your good credit score and history.

Four Simple Tips to Save and Manage Your Money

Fri, 09 Jun 2017 13:25:34 -0500

Saving is great but to actually start saving is easier said than done. One of the biggest obstacles to saving is getting started. Motivation is hard to come by when it comes to saving especially if you are just starting out.

How Artificial Intelligence (AI) Is Disrupting Financial Services

Fri, 09 Jun 2017 13:23:56 -0500

With big data software companies and cloud providers using up a large amount of data, there has been a substantial increase in the practical application of AI. Artificial intelligence is already being applied in a lot of fields to perform a specific task such as medical diagnosis, remote sensing, electronic trading and robot control. Financial institutions have longed used an artificial neural network to detect system changes and abnormal claims while alerting and flagging them for human to investigate.

Best US Binary Option Brokers in 2017

Thu, 08 Jun 2017 09:26:07 -0500

Binary option trading has been a bit of a controversial issue in the US for a while now, at least for those who do not understand the differences between the broker business models allowed in the US and the EU. From the point of view of US financial authorities though, the issue isn't murky at all: only exchanges licensed by regulators like the CFTC (Commodities and Futures Trading Commission) are allowed to operate.

Small Savings Can Make a Big Difference

Wed, 07 Jun 2017 20:54:07 -0500

It can be easy to overlook the importance of saving for retirement, especially when you're focused on shorter-term financial priorities such as buying a new car or saving for college. However, it's crucial to consider your long-term financial security and make saving for retirement a priority. If you start early and save regularly, even small sums can grow into significant retirement savings.

Take a Fresh Look at Your Finances

Wed, 07 Jun 2017 20:43:27 -0500

Remember those financial resolutions you committed to at the beginning of the year? If they seem like a distant memory, the start of summer can be a great time for a reset. Follow the tips below to refocus on your financial goals during the dog days of summer.

How Do Binary Option Brokers Make Their Money?

Wed, 07 Jun 2017 11:18:36 -0500

At face-value, this question is a very simple one to answer: whenever a trader closes a trade out of the money, the broker picks up his/her investment and keeps it. While indeed true, this brief statement doesn't even begin to describe the intricacies of the binary option industry, and the often unpleasant backstage truths. The real answer would be that there are several, honest- as well as underhanded ways for brokers to make money. What's etched in stone about all this though is that being a binary option broker is indeed very profitable.

Investment S&P 500

Wed, 07 Jun 2017 09:56:44 -0500

The S&P 500 is just one of many different indices that Brokers Binary Options offers for use in binary options trades. This is an extremely active market index in terms of trade volume and because of this it can be quite volatile at times. This type of price action actually makes it an excellent selection for binary options traders.

Why You Need to Review Your Insurance Portfolio

Tue, 06 Jun 2017 13:33:07 -0500

Consumers of insurance are often unaware that their insurance needs are constantly changing. While there may be numerous circumstances and events that may lead to this. It is only logical to conclude that you should reevaluate your insurance coverage as years roll by.

From Great Recession to Grand Illusion

Sat, 03 Jun 2017 08:24:01 -0500

From the Great Recession to the Grand Illusion of recovery, growing household debt and the number of families struggling to make ends meet is the story left behind the curtain. Only a few leaders, authors and bloggers expose the underbelly reality hoping for strength in the numbers of those who wake up to the window dressing. As Charles Hugh-Smith puts it, "Welcome to debt-serfdom, the only possible output of the soaring cost of living for the unprotected many who are ruled by a hubris-soaked, subsidized Protected Elite."

7 Levels to Win Financial Freedom

Fri, 02 Jun 2017 14:22:50 -0500

What does financial freedom mean? It's when your income is higher than your expenses. When you can get your money to make enough money to cover your expenses, you've reached financial freedom. It's like running a gauntlet, but it can be accomplished by going through several levels!

5 Amazing Ways Banking Apps Are Enhancing User Experiences

Thu, 01 Jun 2017 07:50:59 -0500

This article throws light on utility of using mobile banking apps for managing financial transactions easier and faster. There has been a rapid increase in the number of people who manage their money via online these days, which, certainly emphasise importance of banking apps.

The 6 Habits of Financial Health

Thu, 18 May 2017 10:16:41 -0500

From the moment you wake up to when you go to sleep, you make constant choices. Should I eat the salad instead of the burger? Should I go jogging after work? And much much more. Over time we form habits, good and bad ones. Every day, we constantly try to implement more good habits in our daily routine. "Running on Tuesday, Friday, and Sunday; High-Intensity Interval Training (HIIT) on Monday and Thursday", those are mine with few "Should I go and grab a coffee with a friend and skip the HIIT for today?". Of course, the better your lifestyle is the better your physical fitness will be. Financial fitness, like physical fitness, is mostly about good habits. Here are the 6 habits to adopt for better financial health.

Critical Decisions in Your Retirement Planning

Tue, 16 May 2017 13:44:49 -0500

Retirement Planning may be looked at as having two distinct phases; the Accumulation Phase and the Distribution Phase. Let's take a look at both. The Accumulation Phase is the period of time between starting your working career and your ultimate retirement.

Tips For Saving Money Fast Even If You Are A Spendthrift

Wed, 03 May 2017 06:59:49 -0500

Do you feel that you are spending more than you should? Are you finding it difficult to make both ends meet? Are you still not able to take your family to the exotic locations you like for your annual vacations? Then, it is is high time you must think of ways to save money. In fact, these ways can help you save money quickly as well. Not only that, you need not struggle very hard for adopting these ways. Let us have a look.

7 Essential Ingredients for Your Best Financial Recipe

Wed, 26 Apr 2017 10:55:20 -0500

Do you know the essential ingredients to create your well thought out financial plan? Learn the seven critical steps all financial plans require, and don't make the same mistake my mother did.

Will You Transition The Legacy You Intended To Transition?

Wed, 26 Apr 2017 10:55:09 -0500

When we die, we are going to pass to our loved ones a lasting legacy of who we are. Does your estate plan intentionally pass the legacy you have planned for? We can leave a legacy of angst and frustration, or one of information and understanding. Which one will your's be?

Write It Down As If Your Life Depended On It

Wed, 26 Apr 2017 10:54:08 -0500

Information is critical, especially when one is unable to convey it himself. By writing down your wishes, not only are you protecting your legacy, but you are giving peace to your family.

Not All Dividends Are Created Equal

Sun, 23 Apr 2017 21:42:43 -0500

The word "dividend" is often thrown around so loosely that its meaning gets confusing. Thus it is important to note the difference between Life Insurance Policy dividends and Investment dividends.

My Solution For People's Spending And Views On Negative Interest Rate Alternatives

Fri, 21 Apr 2017 11:10:30 -0500

Never Have Negative Interest Rates. Economic activity is not dependent on the decision of interest rate. The above statement has to be understood deeply by all the people across the world Economic activity is dependent on three dilute principles

How to Protect Your Retirement Accounts

Mon, 17 Apr 2017 10:28:51 -0500

A new move by President Donald Trump which delays and reconsiders the Department of Labor's fiduciary rule, scheduled to go into effect in April, may mean higher costs for individual investors and retirement plans, especially 401(k)s offered by small businesses. Fortunately, the threat of the regulation had already started to change the way financial institutions do business. Some firms have moved away from their higher-cost products and toward making their fees easier to explain to clients.

How To Manage Personal Finances

Fri, 31 Mar 2017 15:01:34 -0500

Usually managing personal finances for many people is a very difficult and stressful thing and it leads many into deeper debts. One needs to understand his or her finances better. Know how to get and make money, how to prudently spend it and how to invest and save it better.

5 Common Retirement Planning Mistakes And How To Avoid Them

Thu, 30 Mar 2017 07:54:05 -0500

At some point, each of us will wonder when we will be able to stop working. If we are smart and begin our retirement planning early and strategically, that day may come sooner than we would initially expect. Unfortunately, too many people commit major mistakes when it comes to planning for the future. Young folks are particularly short-sighted when it comes to setting money aside for the years down the road. There are a few common mistakes that serve as a good warning. Take a look at the following financial what-not-to-dos:

How to Pay Off Your Home Loan Sooner

Sun, 12 Mar 2017 21:10:49 -0500

Are you looking for ways to save on your home loan? Following these simple tips will put you on the path to paying off your loan sooner or if your goal is to purchase an investment property, creating equity from which you can draw on.

Federal Employees, Are You Financially Ready to Retire?

Mon, 06 Mar 2017 15:33:34 -0600

As a Federal Employee it is critical to know where you stand with your retirement. Do you know when you can retire, what age and years service you need to retire with full benefits? Do you know how to best position you Benefits? Are you contributing to much to your TSP? Are you paying to much into FEGLI? Have you compared your Retirement income to your current income?

Planning Considerations for Those Close to Retirement

Fri, 03 Mar 2017 07:45:08 -0600

For those that are a few years away from retirement, the planning objectives start to shift away from accumulation and growth to income planning and capital preservation. There is simply not a "one size fits all" approach mainly because each set of facts and circumstances is different. For example - those that are bringing debt into retirement must consider ways to pay down that debt prior to retirement. Those that are planning to work part-time must consider the tax implications of their earnings and strategize the most efficient way to take social security benefits.