Category Archives: Budget

The Benefits and Drawbacks of 4 Common Low-Risk Investments

The Benefits and Drawbacks of 4 Common Low-Risk Investments

Some people are comfortable with riskier investments, but others would prefer to keep their savings in a safe investment vehicle, even if it means receiving smaller returns. There are several safe investment vehicles to consider, and you should carefully weigh the pros and cons of each before making a final decision. Some of the most… Continue Reading

5 Easy Ways for College Students to Build Good Credit

5 Easy Ways for College Students to Build Good Credit

While many students begin to focus heavily on improving their credit score after they graduate from college, the truth is that you can lay a solid foundation for great credit while still in school. A number of misconceptions exist in regards to building and maintaining an excellent credit score, particularly among young people. Following are… Continue Reading

6 Important Facts You Need to Know about Interest Rates

6 Important Facts You Need to Know about Interest Rates

In the world of personal finance, people talk about interest rates in relation to everything from credit cards to mortgages. Despite all the discussion about interest rates, many people do not understand the basic facts related to how they work. By learning about how interest rates are calculated in different circumstances and how they affect… Continue Reading

This Is What Everyday Investors Need to Understand about Options

This Is What Everyday Investors Need to Understand about Options

The typical investor’s portfolio consists of stocks, bonds, and mutual funds, but other types of securities are available for increasing diversification. Many sophisticated investors rely on options to create new opportunities within their portfolios. Options are extremely versatile securities that can help investors shift their market position to hedge risk and even engage in speculative… Continue Reading

6 of the Best Side Hustles to Increase Monthly Cash Flow

Individuals may want to increase their monthly income temporarily for a wide variety of different reasons. Some people may want to catch up on retirement savings, while others may want to set money aside for a large purchase or even a vacation. Whatever the reason, individuals today have more options than ever before for making… Continue Reading

6 of the Most Common Mistakes People Make When Saving Money

6 of the Most Common Mistakes People Make When Saving Money

Most people find it difficult to save money for a large purchase, a college education, or retirement. While proper budgeting can make the savings process easier, it is important to learn what mistakes to avoid. Understanding the most common mistakes involved with saving money can help people meet their goals just as much as knowing… Continue Reading

9 Great Programs That Can Help First-Time Homebuyers

9 Great Programs That Can Help First-Time Homebuyers

Purchasing a home is a complicated process that can prove rather stressful. Homebuyers face piles of paperwork, unfamiliar terminology, and a wide range of professionals and their associated fees, which is to say nothing of the financial considerations involved in undertaking a home mortgage. Luckily, however, first-time homebuyers have a number of resources available to… Continue Reading