personal finance

The ABCs of personal finance and investing; how to invest wisely and grow your wealth.

What Is the Ideal Retirement Account?
Here are the three most common retirement accounts, with their benefits and downsides. But, that’s not it. Along with the info, we also included some tips on how to choose the right account for you.
By FlexInvest4 years ago in Trader
Different types of life insurance: What’s the best fit for you?
If you were to survey millennials about their financial goals, finding the right type of life insurance probably wouldn’t rank high up on their list. Most folks who haven’t purchased life insurance cite the cost of policies, their age, and their current health as reasons for not buying.
By FlexInvest4 years ago in Trader
How To Find The Best CPA or Tax Preparer?
Finding a professional tax preparer can be a tremendous help and relieve a lot of stress if you have complicated taxes (for example, if you're self-employed or have rental properties), or even if you simply hate doing your own taxes.
By kritika4 years ago in Trader
4 Simple Ways to Reduce Financial Anxiety
Our finances are a mess The current state of most people’s finances is scary. Americans owe $1 Trillion in Total Credit Card Debt. Last year they paid more than $104 billion in interest payments on that credit card debt. The Average American Owes $6,375 in Credit Card Debt. It’s estimated that 20 million Americans have a shopping addiction. Nearly twice as many people have a credit card compared to the number of people who have a retirement account. 44% of People couldn’t handle a $400 emergency without borrowing money. 37% of Americans have admitted they have gone to sleep hungry because they didn’t have money. 5% have admitted to having taken half-eaten food out of a garbage can.
By Ben Le Fort4 years ago in Trader
How to Recover Overpaid Taxes
It's possible to pay more tax to HMRC than you owe, even if you have the most precise accounting practises in place. Overpayment of taxes can be caused by a variety of circumstances, ranging from tax code problems to unexpected changes in profits. Here's how to have your overpaid taxes refunded, whatever the cause.
By Amelia4 years ago in Trader
The Psychology of Money
Doing well with money has little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to totally smart people.
By chembarathi4 years ago in Trader
Turning Your Biggest Expenses Into Cash Flow
If you earn a six-figure salary, pat yourself on the back because you are killing it on the income front. Earning $100,000 per year means you earn more than twice what the average American worker earns each year. Earning six-figures would also put you in the top 10% of income earners.
By Ben Le Fort4 years ago in Trader
5 Simple Money Habits That Helped Me Save 3/4 of My Income
Nothing comes overnight. Especially money. Without building long-lasting habits I would never have been able to save almost 75% of my income on my journey to financial freedom and have a blast doing it.
By Sam Dixon Brown4 years ago in Trader
How to avoid Credit Card Frauds in India
Credit card frauds may be extremely harmful, especially as people's dependence on plastic money increases. Credit card fraud occurs when a scammer uses your credit card number and PIN, or a stolen credit card, to process payments from your account without your consent. As technology advanced to make life easier, so did fraudulent methods to cheat credit card customers.
By Garima Mehra4 years ago in Trader
What are the tax implications of my rental income?
Rental income from rental properties must be reported to the Canada Revenue Agency. It depends on how you own your rental property whether you can deduct expenses from your rental income.
By Real Property Management4 years ago in Trader
The Definitive Guide To Making $1 Million Before You’re 30
Nobody wants to wait until they are old to be rich. It’s like saving up all your sex for when you get old — it doesn’t make a lot of sense.
By Bees & Honey Talk4 years ago in Trader
17 Quick and Simple Investing Tips from a Financially Free 30-Something. Top Story - October 2021.
Let's just dive right in, shall we? 1. Don't overthink it Investing does not have to be complicated. Myriad studies have shown that the simplest investment strategies are the most robust and deliver you the best returns.
By Sam Dixon Brown4 years ago in Trader