Category Archives: Budget

5 Ways You Can Avoid Anxiety When Investing in Stocks

5 Ways You Can Avoid Anxiety When Investing in Stocks

In the United States, stocks remain the most popular risky asset class because they have the potential for a big payoff. However, because big rewards come with big risks, investing in stocks generates a great deal of anxiety. This means that people may face some serious adverse effects to their mental health when they decide… Continue Reading

How Options Can Mitigate the Risk of Investing in Stocks

How Options Can Mitigate the Risk of Investing in Stocks

Many investors rely on options to round out their portfolios. While options have traditionally been considered risky investments, investors who understand these risks can use them to accomplish a number of financial goals. As with futures, options can be used to hedge against declines in the market and to minimize losses, as well as to… Continue Reading

3 of the Best Software Programs for Managing Personal Finances

3 of the Best Software Programs for Managing Personal Finances

While financial apps have made everything from budgeting to tracking investments easier, sometimes people need something a little more robust to achieve their particular goals. When one’s financial needs exceed what apps can offer, individuals should consider using some of the wonderful software options now available for improving financial tracking and organization. The best option… Continue Reading

9 Personal Finance Blogs That You Should Be Reading

9 Personal Finance Blogs That You Should Be Reading

In today’s busy world, people often want information delivered to them in small, digestible chunks. For this reason, short-form media such as podcasts and blogs have become one of the leading sources of insight on a wide variety of topics, including personal finance. When it comes to a subject as complicated as personal finance, obtaining… Continue Reading

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