Personal Finance

6 Common Scams to Avoid When Selling Your Car

Selling Your Car

While selling your car privately may get you more money, it also exposes you to a great deal of risk. The days of popping an ad in your local paper are no more, and while the internet gives us some great ways to sell our cars, it also exposes us to more scams. Use this guide to avoid getting caught ...

Read More »

Using Opportunity Cost Analysis to Increase Savings

investing in Rare Coins

Generally speaking, people look at savings as a simple matter of putting away as much money as possible. It’s the money that one has right now that’s the core of the issue – how much of it needs to be spent versus how much of it can be put away for later. This is certainly one way to save money, ...

Read More »

Property vs. Gold vs. Stocks: Investment strategies

Investment strategies

Today, there are a number of investment options including property, gold, and stocks. Regardless of which option you choose, you must know how to make money from your investment. With the right investment strategy, you will be able to make money from your investment and get rich. Following is how you can make money from property, gold and stocks. Gold ...

Read More »

Higher Interest Rates Could Hurt the Fragile Consumer Driven Economy

Higher Interest Rates

In March 2017, the Federal Reserve raised the interest rate once again. This is the third time the Feds upped the rate since the 2008 financial debacle. According to Fed Chairman Janet Yellen, more hikes are coming. Higher interest rates mean it cost more for companies to borrow money, and it cost more to expand their business ventures. Consumers pay ...

Read More »

How to Choose Between SIPP and Stakeholder Pension Plans

retirement plan

Pensions are becoming an ever more important topic, even among people at the start of their working lives. With fears that some of us are not putting enough money aside for future retirement, it would seem the best option is to invest for as long as you can, and to make sure that this investment is the best plan for ...

Read More »

Making the Most Out of Your Family Vehicle

Your Family Vehicle

The family vehicle is both a functional and sentimental item for the household. It takes the family to work, school and extracurricular activities. With new vehicles costing $20,000 or more, it’s critical to take good care of your car for as long as possible. Take a look at how you can make the most out of your family vehicle. Driving ...

Read More »

How to Teach your Children about Money

Teach your Children about Money

Teaching our children about money is not something we should leave up to the schools. Although some financial content is covered in classes, many children leave school with a lack of understanding about mortgages, credit ratings and personal debt. One major problem with this is that by not understanding debt, younger generations quickly accumulate credit which they spend recklessly, and ...

Read More »