Tim McMahon, Editor of Your Family Finances

My grandfather lived through the Hyperinflation in Weimar, Germany--to say he was an original “gold bug” would be an understatement. I began reading his “hard money” newsletters at the age of 16 and the dividends from gold stocks helped put me through college. I began publishing the Financial Trend Forecaster paper newsletter in 1995 upon the death of James Moore editor of Your Window into the Future and the creator of the Moore Inflation Predictor©. FTF specializes in trends in the stock market, gold, inflation and bonds. In January of 2003, I began publishing InflationData.com to specialize in all forms of information about the nature of Inflation. In 2009, we added Elliott Wave University to help teach you the principles of Elliott Wave analysis. In January 2013, we began publishing OptioMoney. Connect with Tim on Google+.

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

What to Do When Debt Piles Up

The simple fact is that debt equals stress, especially when that debt keeps growing. Even when you feel that there is no possible solution to your current debt situation, don’t lose hope. Options are available to help you to keep the debt from growing and to get yourself in a better financial position. Here’s what […]

Don’t Panic! 3 Stressful Fiscal Issues That Shouldn’t Blow Your Budget

While many major events can result in unexpected expenses and lost wages, these issues do not have to jeopardize your financial future.  Major life events can wreak havoc on your personal finances and that is why during ordinary times you should be building yourself a safety net. This net should ideally be six months to one year of living expenses. So if you typically average $3,000 per month in expenses (this includes rent/mortgage, food, gas, utilities, entertainment, everything) then you should have an emergency fund of at least $18,000! (6 x $3,000= $18,000) and preferably $36,000. If you don’t have at least the minimum you are at risk if one of the following events hits you.

Unique Ways to Find Extra Cash

If you’re short on money this month, you have options. Here are a few ideas that you can try if you would like to bring in a little bit of extra cash.

Plumbing Problems: 4 Tips for the Amateur DIY Plumber

Being a first-time homeowner can be both exciting and overwhelming. You can take pride in knowing that each payment that you make towards your home loan is helping you build equity in your home. While building equity is something to be proud of, now that you are the homeowner, gone are the days where you can call your landlord if something goes wrong with the plumbing. It’s now your responsibility to pay for the repairs that you need whenever something breaks down. A good way to save on the cost of the repairs is to learn to do it yourself. If you’re starting to notice that something isn’t right with your plumbing, here are some DIY tips:

Getting the Best Deal on a New Car

ar shoppers should keep in mind that American car dealerships are like Persian bazaars, and this means that they should not be afraid to negotiate. Auto shoppers should start their purchase journey online searching for a car model that meets your needs and has a good track record. Once you’ve decided on the model you are interested in you can start looking at the dealership inventory. Using the inventory search and lookup tools, shoppers will have a solid base for negotiation.

How Does Your Debt Compare?

Household debt continues to accumulate but not for the reason you may think. While spending is at an all-time high, so is the true debt builder: Interest. Interest rates vary across different types of loans, but the sheer amount of the loans makes the interest accumulate to staggering amounts.

5 Caveats When Buying Your First Home

Buying a home is probably the largest purchase of your entire lifetime and one single mistake can easily cost you tens of thousands of dollars. The word Caveat means “Let him beware” in Latin and it is important to remember these Caveats when buying your first home.

If you are in the market for your first home, you’re probably excited about the prospect of no long living with relatives or no longer making your landlord rich by paying his mortage. However, there are many other issues that you should consider when selecting a property. For instance, you want to make sure that the house is in a nice area close to things that you like or need. What else should you be looking out for?

Saving on Home Renovations

Renovating your home is often an exciting process but also a stressful one. And one of the most important components of any renovation project is to plan your budget to ensure all the costs are covered. Anyone who has watched any HGTV knows that there are always unexpected surprises that cut into your budget so be sure to allow at least 10% to cover these unexpected expenses. Here are a few tips to help you to save smart and have enough to finish the project properly.