Arrest Your Debt

Budgeting is an important part of everyday life, but sadly, many younger generations are not taught the skills needed to budget effectively. Truth be told, the older generations weren’t taught how to budget either.  Unfortunately, this means some will find it all too easy to overspend each month, drawing on additional credit sources and generally applying for a more substantial loan than what they really need.  Technology Brings Financial Challenges The heavily digitized nature of finance exacerbates this situation in the 2020s. For the younger generation, the reality is they rarely see or handle “physical cash.” They haven’t visited their bank or felt their wallet getting lighter at the end of the month.  Instead, money is just numbers on a screen, and it doesn’t hold the same tangible meaning to a financially inexperienced generation.  I know first hand of several young adults in their 20s that live inside their credit card overdraft because it’s “free credit.” This credit i

Paolo Bacigalupi once said, “debts are a heavy burden. Throw them off, and you walk free.” Many today look way older than their age, not because of any ailment, but because of the yoke of debt. More specifically, they are drowning in debt. Almost everyone has been in debt in one phase of their life, but as they say, “it’s not what happens when you fall down that matters, but what you do to get back up.” Follow These Steps If You Are Drowning In Debt If you ever find yourself tangled in an unending web of debt, the following lifehacks listed below will get you out of the situation as long as you are willing to diligently follow the principles and apply them to your daily life and routine — success is not an accident that happens to those who are unwilling to move a muscle. 1. Decide You Want To Remain Debt-Free The first step to leaving a lousy predicament is taking a bold and daring stand to win regardless of the uphill task facing you. Generally speaking,  living debt-free  can

There are many reasons businesses choose to relocate. Whether you want to cut costs , move to a better location, or find a bigger space, relocating can be timely and costly. Yet, with the proper knowledge and planning, you can save time and money when relocating your business. If you are considering moving your business and want to save, then keep reading.  1. DIY Is Not Always The Best Option Getting help with relocating is a must to move your large items, such as furniture, tech, and cars. You may have a lot of expensive equipment you need to move, which can be dangerous if you are not an experienced mover. Most companies have the option to purchase additional insurance for your most valuable possessions, and you can avoid accidentally destroying something of value. Although you will be paying out for this , you will save time by hiring professionals, and there are plenty of affordable and reasonable deals to reduce the stress of moving.  For instance, you can use  Cars Relo  

Passing a rental credit check doesn’t have to be stressful if you prepare in advance. Before applying for a lease, be sure to check your credit report and fix any errors, gather pay stubs or bank statements to verify your income. You can also talk to friends or family to find a willing cosigner, save enough to pay a higher deposit or multiple months rent up front, collect references from previous landlords and, above all else, be honest with your potential landlord. Credit checks are nerve-wracking at the best of times—and if you need to pass a credit check to rent your next apartment, the pressure’s really on. Wondering how to make the grade? Don’t worry. Credit repair , cosigner agreements, bigger deposits and simple honesty can all help you pass a rental credit check.  In this article, we’ll explore those four solutions in a little more detail—and we’ll dive into six other ways you can increase your chances of credit check success. Why Do Landlords Perform Credit Checks? How

More than 43 million people in America pay rent, but you wouldn’t know it to look at their credit reports. In fact, most rent and utility payments are not reported to the credit bureaus, which means you may not be getting credit for bills that you regularly pay. Here’s how to add rent and utility payments to your credit report. >> Learn more: How Rent Can Affect Your Credit Score How Tradelines Work Your creditors—including your credit card issuer, loan issuer, utility provider, and landlord— are not required to report to the credit bureaus. In fact, they have to pay a fee in order to report to the credit bureaus. That’s why many creditors like landlords and utility providers don’t report on-time payments, or will only report to one or two bureaus instead of all three. But if you pay your rent and utilities on time regularly, those payments could be helping you build your credit profile. You just need to convince your creditors to report them to the bureaus. If they’re r

There really is a lot to consider when it comes to your money and achieving financial success in this lifetime. We are not taught about mortgages, interest rates, pensions, and so on while we are at school. Therefore, we are left to our own devices to ensure that we achieve monetary success. Because many of our money decisions are left to trial and error, mistakes are often made. However, you should not punish yourself. By letting the past remain in the past, we can change our path and influence our future financial life in a positive manner. Just because you may have struggled with finances in the past, this doesn’t mean you’re destined to live with money stresses for the rest of your life . Create the future you want by continuing to educate yourself with consistent intentional steps. Learn more about financial terms and educate yourself regarding money matters  As I stated earlier, the best place to begin when it comes to your financial future is with education. One of the bi

Increasing your net worth is easy if you follow the basic fundamental tips of personal finance. Don’t overcomplicate things. Take small actionable steps today that will increase your net worth tomorrow. Starting with the basics “I read your article and it was mostly common sense.” A friend brought this up to me. He commented about how everything about my financial advice seemed so simple. While I agreed with him that most financial advice would seem like common sense, I also acknowledged that he had just complained to me about his finances and how he had no money. You see, we’re all looking for secret hacks when we need to master the boring fundamentals first in order to grow our bank accounts . Let’s look at the boring advice that will get us to the next level with our finances. There are many people looking for hot stock picks and the next big thing that will get them rich. However, there aren’t enough people building their net worth up with the basics (cutting out the crap,

Everyone should be investing in some capacity if they can. Whether it’s through a 401(k), a Roth IRA, real estate with help from Fundrise , or just a personal brokerage account, investing is one of the best things you can do for yourself! If all those fancy numbers and abbreviations (looking at you, Roth IRA) mean nothing to you, don’t worry, we’re breaking down how anyone can get started in this index investing for beginners guide. Before we get started, imagine this for a second… Let’s say when you were born you put $100 in your piggy bank. And every year for your birthday, you were fortunate enough to add $100 to that piggy bank (or your parents added it for you). When you turned 18 and went to withdraw that money, instead of it being $1,800, it was $3,700. Over double the amount you expected! Magic right? Nope, that is the power of investing in the stock market which has historically provided 7% returns every year. So now you’re 18, or 25, or 35, or 55, or however old you a

Before diving into the various liquid investments you can profit from, we need to define and understand what a liquid investment is. Before you invest in anything, you should understand everything about it – from availability to potential risk. The most basic truth to investing: if you can’t explain an investment to a six-year-old, you don’t understand the investment yourself. Liquid Investment Definition In simple terms, a liquid investment, also known as a liquid asset, is any type of investment that can quickly and easily be converted into cash. For example, a money market fund would be considered a liquid investment, or liquid asset, because it makes money from interest, but is still quickly accessible to cash out. Real estate , in comparison, can not be quickly turned into cash because it requires the sale of the property and transfer of ownership, which can take an extended period of time. Understanding Liquid Investments There are various liquid investment vehicles