Do you think that it is impossible to build a balanced investment portfolio if you have very little money to invest? Think again. Using very little money, you can spread your investments across the full spectrum of asset classes – stock-based mutual funds and exchange-traded funds, bonds, and even commodities.
Because the world encourages us to seek success so diligently, we almost need to have an entirely different mindset in order to find happiness. Along that line, here are several things every parent should tell their kids – and themselves – about how to find true happiness in life – even if financial success never comes your way.
Technology is changing everything – even the well-worn process of getting a loan through a bank. You can now streamline the whole borrowing process and consolidate your debt with Lending Club. Lending Club is the largest and most well-known of the rising class of direct lending platforms that enable both borrowers and investors to bypass […]
While it’s tempting to believe that wealth is about being lucky, the reality is that it’s mostly about using God-given wisdom and developing the smart money habits. If you can do that, and avoid too many foolish mistakes with your money, there’s a very good chance that you will have more money than you need. And that […]
It’s unfortunate that so many people don’t consider life insurance to be very important. They’re much more concerned with health insurance and auto insurance, since the need for such coverages is usually more immediate. Life insurance doesn’t seem important until it becomes necessary, and then it becomes critical! That’s because you can’t buy life […]
We go to school to learn hands-on skills that will enable us to be better at earning a living. But many of the skills that will make you a success in life have little or nothing to do with earning a living. They’re mostly about living your life, interacting with other people, and improving yourself. And sometimes they even help you earn a living. Here are several things you can learn how to do today that will make you better at the game of life.
The average student owes $35,051. If you owe student loan debt in this range or higher, you may be wasting money by not refinancing. Whether or not you can benefit by refinancing your student loans will depend upon the interest rate that you are paying on your current loans. Private source student loans usually carry […]
When it comes to the wealthy, there’s often a belief that they’re rich because they were born into money. While that’s certainly true for many, it isn’t the case across the board. Many of the wealthy have had to work their way up to being rich and to do so they’ve had to adopt a different set of habits from most other people.
Giving is giving, right? Not if you’re a Christian. There are ways to give – and God wants us to give – and there are ways we shouldn’t give. One way we shouldn’t is giving publicly. As Christians, we’re told to give in secret.
There are all kinds of lists that will proclaim this or that book to be the top financial book available. But we’re going to take a different approach here. Our list is going to focus on the books that are a benefit to you in five fundamental areas: Getting out of debt Changing your attitude […]
Sometimes we’re unhappy, but we don’t know exactly why. Even if our lives seem to be happy and successful on the outside, we may not feel that way deep inside. If you feel that way, it’s likely that there are some things you should stop doing that are stealing your joy. Here are several of them . . . .
As Christians, we never want to get into the legalistic practice of creating “to do lists” that we must follow in order to define ourselves as believers. But at the same time, there certain things every Christian should do every day in order to stay in faith. “But be doers of the word, and not […]
There are bad days, and then there are really bad days, maybe even rising to the level of your worst day. We can probably separate worst days from bad days based on the impact that the day will have on your life. For example, on a bad day the damage is usually limited to today […]
The possibility of a lower monthly house payment would be welcome by any homeowner, but lower payments aren’t always what they seem. And what about those who are not in a position to refinance – are they out of luck?
Many investors are more than a bit intimidated when it comes to getting started. They mistakenly assume that investing needs to be complicated in order to be successful. That belief may even cause them to delay investing, or even to never get on board at all. In truth however, investing can be incredibly simple – […]
Millions of people are on a debt treadmill. It starts the first time you swipe a credit card to cover a shortfall in your budget. Do that enough times, and before long you’re working to pay credit cards and other forms of debt.
This is the most basic question when it comes to retirement planning – how much do you need to retire? You really can’t know if you’re saving enough money for retirement unless you first decide what the target is, and that’s what we’ll show you today. The Biblical view of retirement Interestingly, the Bible is […]
An old-fashioned term for the process of buying a property in foreclosure, buying a house on the courthouse steps is a way to get a real deal on a house – or to get into real trouble.
If you’re new to investing, you’re probably aware that there are literally dozens of asset classes you can invest your money in. To make it easier for you, we’ve selected 10 classes, and broken them down between traditional and nontraditional, with five assets in each category. 5 Traditional Ways to Invest Your Money If you’re […]
There are literally dozens of ways to invest your money – and account types to invest them in – but one stands head and shoulders above the rest. The Roth IRA may very well be the single best investment vehicle available. While other retirement plans are tax deferred, Roth IRAs are tax free. Do we […]