Contracts

Investments always come with risk. The subprime mortgage crisis in 2008 for example played a huge role in the recession that devastated many families across America and throughout the world. The Street notes how the crisis was brought about by loan companies taking advantage of vulnerable U.S. clients willing to invest in real estate. This goes to show how important it is to properly examine investment contracts before agreeing to them.

This article will discuss the steps to take in making a thorough review of any investment contract that comes your way in order to avoid risk or scams.

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Here’s What It’s Really Like to Be Rich

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Most people want to be rich (however you define it). Many people have thought about what they’d do if they suddenly won the lottery or got a big inheritance or landed their high-paying dream job. It’d be exciting — for sure. Having plenty of money to save, spend and invest would certainly change your life. As you […]

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Highlights from LinkedIn’s Personal Finance Bloggers

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For the past 10 years, I’ve been the administrator of the Personal Finance Bloggers group on LinkedIn — a group dedicated to sharing personal finance posts, tips for bloggers, and general financial news. It’s not something I’ve ever highlighted here — and that’s about to change. Starting this week, we’ll be sharing some of the […]

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Running Late on Payments? Here’s How to Catch Up

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Paying off your debt is one of the most difficult — and important — pieces of achieving financial freedom. Until you are completely debt-free, someone else is going to own something that you think is yours. The number one way to pay off your debt is to automate your payments. Set it, forget it and […]

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3 Steps to Deal With a Pay Cut at Work

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At the height of the Great Recession, I received word at my work that everyone in the company would be getting a 10% pay cut. It wasn’t fun. Senior management wasn’t happy that they needed to cut everyone’s salaries. Clearly, everyone who worked with me wasn’t happy either (though they were happy to still have a […]

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If Your Financial Plan Isn’t Working, Do This

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Managing your money — and working toward a financial goal — is never as easy as it sounds. Even if you have a guide (like our 17 Days to Financial Freedom), there’s no guarantee that everything will go according to plan. You could lose your job. The stock market could crash, right before you’re about […]

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Here’s Why You Don’t Wait for a Recession to Start Investing

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Buy low, sell high. It seems like sound logic, right? The cheaper you get something and the more expensive you sell something for, the more money you make. But it doesn’t work in investing quite like that. The theory does, of course — but not the execution of that theory.

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Making More Money When You Already Have A Full-Time Job

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It can be tedious reading post after post listing ways to make extra cash that just never seem to work. From filling out surveys that won’t give you a payout for months, to taking on a second job that you just don’t have the time or flexibility for, it can be exhausting going from idea […]

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A Quick Guide To Paying Off Your Debt

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We all try and live our lives without debt, but unfortunately it’s not something that all of us are quite as successful in avoiding as we might like to be. While payday loan lenders allow for short-term lending in the case of a financial emergency, understanding how best to go about paying off all debts […]

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Don’t Go Into Debt For Credit Card Rewards. Seriously.

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No one gets rich from credit card rewards. We always recommend spending with a debit card (I literally just wrote about this), but I understand the appeal in using a credit card to get rewards … if you pay it off each month. Unfortunately, it doesn’t look like most people are. In fact, nearly 40% […]

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Why Do Rich People Use Credit Cards?

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Reasonable people can have a reasonable dialogue about whether or not credit cards have value. We’ve preached that using a debit card is the best way to spend, but fair arguments can be made that if you pay off your balance every month with the right card, you can accrue extra benefits for your normal […]

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How Should I Invest for a Newborn?

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Having a baby is one of the biggest life-changing situations you can experience. It’s no longer just about you — it’s about this new person you’re bringing home from the hospital to be a part of your family. With the additional responsibilities are, of course, additional costs. It’s not cheap to raise children — everything […]

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What Industry is Worth Investing in Over the Next 10 Years?

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Over on Quora, I was asked to respond to a question about investing over the next decade … In the next 10 years, what new industry will be worthy of our investment? It’s a great question, and one that’s not ridiculous to ask. (And trust me, some of the questions on Quora are ridiculous.) But […]

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