Traditional forms of consumer lending exist at the institutional level. You visit a bank branch, apply for a car, personal, or student loan, and await the decision from the underwriters at the centralized office. This kind of lending often shuts out certain borrowers – whether or not bad credit is a factor – as financial industries are wary of any credit risk, regardless of other characteristics. However, with peer-to-peer lending, ...
My retirement journey started as most peoples; on Google, with questions like “how much do I need to retire?” and “how much should I have saved for retirement by age?”.
After weeks of tedious overwhelming research, I decided to share the details of my research in an easily digestible infographic. Retirement savings is a personal journey and strategies can vary widely depending on what stage of life individuals are in. Although ...
This folks, is a good ol’ fashioned blogroll, where I list some of the super rad personal finance blogs out there. Here they are, in no particular order:
Budgets are Sexy
Color Me Frugal
Mo’ Money Mo’ Houses
Getting a Rich Life
Making Money Fast and Slo
Money Watch 101
Retire By 40
Money After Graduation
The Heavy Purse
The Frugal Farmer
Young Adult Money
Fit Is the New Poor
Green Money Stream
Living Rich Cheaply
There are thousands of personal finance books out there and it can become daunting to know what money guru book to buy. I picked of few of my favorites and some that are on all the best seller lists. The books on this ever growing list are well worth the time investment if you are wanting to take control of your finances. There are so many personal finance books that ...
One of the most, if not the most, important formula for growing wealth right here. This is the formula for determining compound interest. I say growing wealth because I’ve already given my opinion on the most important formula in personal finance. Below is the Compound Interest Definition:
R= Interest Rate
N= Compoundings Per Period
T= Number of Periods
If you don’t want to do the math, you can just Google “compound interest ...
I’ve always subscribed to the notion that “mighty oaks from little acorns grow.” I’ve enjoyed the classics of personal finance. To be quite honest, I’m now wondering if my thinking as outdated as Windows 95.
A while back on Living Rich Cheaply, Andrew posted an article asking if personal finance bloggers are “pound foolish.“ In it, he poses a very legitimate question: “Do you think personal finance gurus and bloggers give ...
I recently wrote about zero-effort changes you can make to your lifestyle that will immediately save you money. Number 1 on the ways to save money list was unplugging devices when they’re not in use. “The average U.S. household spends $100 per year to power devices while they are off (or in standby mode).“ So, let’s look and see how to save money on your electric bill and see much those ...
As a personal finance blogger, I usually advocate saving money whenever it’s feasible. I’m always trying to save money because I often think it has a better use elsewhere in my budget. But, in some instances, I believe that it makes sense to spend when you can save. Spend more, even when there are cheaper options available? Blasphemy, I know! What kind of guy who has a website trying to ...
So I do (almost) all of the shopping and cooking in our house. In the spring and summer time we can save a decent amount of money by growing our veggies and some fruit; however, we also need to keep our grocery budget down when fall and winter roll around. Before we embarked on this financial freedom journey, I would essentially drive to the store when I was hungry and ...
Millions of Americans own multiple credit cards. They have major credit cards and store-branded credit cards. In fact, many Americans use their credit cards responsibly by remaining significantly under their available credit line. When they need to make a big purchase, many people pay their balance down before the end of their billing cycle to avoid large interest payments. We are in no way affiliated with Maurices Credit Card Payment services, ...
Posted: Feb 04 2017 @ 1:30 AM
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