While every household has some fixed costs, like your mortgage payment and utilities, you do have control over other expenses like your grocery bill. The four biggest expenses for the average American family are housing, transportation, taxes and food. While every household has some fixed costs, like your mortgage payment and utilities, you do have … Read More “Saving Money at the Grocery Store Can Help You Pay down Debt” »
Category: About financial management
Throughout the course of your life, you will find some things to be incredibly easy, one of which is getting into debt. Whether you have student loans, lost the value of your home, or had a medical emergency, debt can pile up in a hurry. Instead of dwelling on the negative, let’s take the positive … Read More “Great Tips To Help You Repair Your Credit” »
In most states retirement accounts and retirement annuities are treated differently for Medicaid purposes. A retirement account will traditionally be considered under the retirement asset rules, and applied to eligibility accordingly. A retirement annuity will traditionally be considered under the annuity rules, and applied to eligibility accordingly. In short, the investment vehicle is first considered, … Read More “Medicaid’s Treatment of IRA Annuities” »
Each year in Canada, billions of dollars in assets are transferred at death. If you plan to transfer all or some of your assets to your heirs, you want to make sure your money goes to the people you selected in the manner you intended. Unfortunately, wealth transfers don’t always occur as planned. Outlined below … Read More “The Importance of Planning for Wealth Transfer” »
Employing a breakout Forex trading system as part of your trading strategy is an excellent way to provide a time efficient and profitable trading approach to your trading day. Breakouts are one of the most popular ways in which to build Forex profits as they offer the potential to build high returns from the market … Read More “How To Day Trade Forex In Ten Minutes Per Day” »
Time is such a valuable commodity that it’s a shame when investors squander it. Yet many investors do, wasting a resource that can’t ever be recovered. Time is an investor’s most valuable ally because returns increase exponentially over time — as close to magic as most of us will ever see. Investment returns increase exponentially … Read More “Investors Must Keep Time on Their Side” »
Lately, many people in the world have been closely watching and reading the news reports concerning the current global economic situation. The European and American debt situation is now going out of control. It’s fueled by all the governments involved, constant deficit spending habits and lack of will to pay the money back. The Central … Read More “Storage Options – For Your Precious Metals” »
For those in “Generation X”—defined as people born between the mid-1960s and the early 1980s—retirement planning sounds like something your parents or other “old people” would do. But guess what? With many “baby boomers” either already in the midst of retirement or viewing it on the horizon, “Generation X” will be the next generation of … Read More “Retirement Planning” »
It all Begins with a Conversation: A wise advisor once said ‘nothing happens in our business until you are sitting face-to-face with a business owner’. And, since you are sitting with this owner, it is presumed that the meeting had a formal or informal agenda but, in any case, a conversation is going to occur … Read More “Mastering the Exit Planning Conversation” »
Investing in an ISA is a way of being able to make tax free investments. People can invest up to the ISA allowance amount each year through cash ISA’s and stocks and shares ISA’s. Up to half the amount can be invested in a cash ISA, but if savers choose they can use 100 per … Read More “What is the ISA Allowance?” »