Category Archives: Income

7 of the Best Free Online Courses to Learn More about Personal Finance

7 of the Best Free Online Courses to Learn More about Personal Finance

No one is born with innate financial knowledge. Unfortunately, this truth means that many Americans will have some major regrets in terms of how they handle their personal finances. On the other hand, individuals today have more tools than ever before to learn about personal finance and possibly avoid some of the most common mistakes.… Continue Reading

6 TED Talks on Personal Finance You Need to Know About

6 TED Talks on Personal Finance You Need to Know About

People who want to learn about personal finance have more tools than ever before with the growing popularity of blogs, podcasts, and more. One of the best resources that individuals can use to learn more about taking control of their finances are TED Talks, a series of presentations providing unique insight on a particular subject… Continue Reading

7 Ways to Change How You Think about Personal Finance

7 Ways to Change How You Think about Personal Finance

People often think that managing personal finances boils down to saving money whenever possible and minimizing spending, but this is a very simplistic point of view. In reality, one’s financial wellbeing is more about mindset than actions. While actions are what get people out of debt and boost their savings, individuals need to take the… Continue Reading

7 Personal Finance Strategies You Need to Know if You Are in Your 40s

7 Personal Finance Strategies You Need to Know if You Are in Your 40s

Once individuals hit their 40s, they need to focus on securing their finances so that they are ready for retirement and other demands. During this time, kids may be preparing to start college and parents may need expensive nursing care. Consequently, our 40s prove extremely stressful in terms of finances, and this makes it extraordinarily… Continue Reading

What You Need to Know about Long-Term Care Insurance

What You Need to Know about Long-Term Care Insurance

One of the most crucial considerations when preparing for retirement remains the forms of insurance that will keep individuals and their nest eggs safe. Recently, high premiums have driven down the sales of long-term care insurance. This form of insurance provides coverage for long-term supports and services—from in-home custodial care to stays in skilled nursing… Continue Reading

Spotlight – Is It Smarter to Save or Invest Your Money?

Spotlight – Is It Smarter to Save or Invest Your Money?

Investors often see their investment activity as a form of saving money, but in reality, these are entirely different processes. Saving and investing have specific purposes, and both should play a role in a person’s overall financial strategy. While investing can help generate wealth, savings provides a safety net that is critically important for everyone,… Continue Reading

5 Simple, Everyday Changes to Jumpstart Your Savings Regime You Need to Know

5 Simple, Everyday Changes to Jumpstart Your Savings Regime You Need to Know

One of the most common misconceptions that people make when trying to save money is thinking that it will be painful. Often, people think that saving money means making drastic cuts in their budget and foregoing the things that they like to do for fun. When individuals approach saving with this mindset, they set themselves… Continue Reading

What Investors Need to Know Before Choosing a Stockbroker

What Investors Need to Know Before Choosing a Stockbroker

To buy and sell stocks, you need to hire a stockbroker. This individual acts as a middleman between investors and the stock market. Brokers act sort of like salesmen to facilitate a sale on behalf of a larger brokerage house, such as Charles Schwab or Merrill Lynch. Once brokers carry out a transaction, they typically… Continue Reading

5 Ways to Be More Proactive with Your Personal Finances

5 Ways to Be More Proactive with Your Personal Finances

When it comes to personal finances, many people take a reactive rather than a proactive approach. A reactive approach to personal finances means that necessities and expenses dictate how one allocates money. In other words, individuals pay the bills as they arrive rather than planning for them ahead of time. This method becomes especially problematic… Continue Reading