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Money Management

How Bond Investing Works

Looking To Invest? Bonds To Consider

Investing / By

When you decide to invest money, it’s important to commit to doing the appropriate research that will protect your financial investment. When you think of saving you generally think of a bank. And when you think of investing generally you think of either stocks or bonds. Stocks are a form of ownership while bonds are a form of debt. So if you buy a stock you participate in the good fortune of a company but you also can participate in its losses. Bonds on the other hand are you loaning money to a company. You don’t participate in any appreciation you are simply paid interest for using your money. You also don’t have the risk of the company value decreasing. Even if a company goes bankrupt bondholders are ahead of stockholders in getting their money back. For this reason bonds normally have a lower yield than stocks, but also a lower risk.  There are several different types of bonds and bond funds. Typically the difference is based on the type of issuer but differences also come from how the bond is structured.

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Credit Score 720

Going from Zero to 720 Credit Score in One Year

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your credit score can have a big impact on many different areas of your life. If you have little or no credit history merchants don’t know if they can trust you or not so they charge you big deposits for everything including getting a cell phone, renting a car, renting an apartment or getting the electricity turned on. These deposits can be several thousand dollars! But if you had a good credit rating they would waive these deposits altogether.

If your credit score is not the best at the moment, you could be thinking about taking steps to improve it, but might not know the best ways to do so. Below are some of the things you should think about when it comes to your credit score.

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Stocks vs Bonds

Retirement Reasoning: 3 Investments To Consider Now

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Saving for retirement should be a part of your investment strategy as soon as you begin your adult employment. The actions you take today will help you manage the money you make during your working years, to invest for a time when you can relax and enjoy the benefits of your labor. Finding the right investment venues is not difficult. However, it does require some time and investigation to understand the benefits of each type. Here are 3 investment vehicles that have a record of providing income for your retirement years.

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Party on a Budget

Budget Bash: Throw Your Holiday Parties for Less

Frugality / By

A holiday party is a fun way to bring people you care about together, whether it’s your friends and family or employees at your business. The problem is that by the time you pay for the space, the food, the drinks and any entertainment, you could be in for an expensive end-of-the-year bill. Fortunately, there are some easy ways to keep your holiday parties within a budget, no matter how many people you’re inviting and how much you can spend. Here are three tips to throw a holiday party on the cheap.

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Get past living Paycheck to paycheck

How Young Families Can Move Past the Living Paycheck-to-Paycheck Phase

Frugality / By

When first starting out, many families get in over their heads, in their rush to buy a home and get established. This often results in a lack of savings for emergencies and living “paycheck to paycheck”.
When you live paycheck to paycheck, it can seem like you are struggling to get by. You may regularly wonder what would happen if you got severely sick or seriously injured. Financial concerns may keep you up at night, and you may not feel like you can afford to take a vacation or even a random day off when you feel run down. If you are tired of living this type of lifestyle, there are a few steps that you can take.

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Selling Luxury Real Estate

5 Facts that Demystify Selling a Large Home

Real Estate / By

Larger homes not only have a limited market due to cost, but each tends to be unique in its own way. They can stay on the market longer because they need just the right buyer. Many luxury home sellers tend to get impatient and let their property go for much less than its true value. Here are some facts to keep in mind when it’s time to sell your larger home.

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Consignment Shopping

Not Saving Enough?

Saving / By

If you are concerned about your current savings account balance, the first step is to actually seriously commit to saving more. There is an old saying which says “Nothing Changes Until You Do”.  Your savings won’t increase until YOU change the way you do things and the priority you give to savings.  Those people without any savings if they want to do something fun and the vast majority will be able to find the money to do it, so it’s not that they don’t have the money to save… it’s just not a high priority. So the first step in increasing your emergency fund, your savings account or your retirement fund is to make it a priority. Once you’ve done that you can look for places where you can save money to redirect into those savings accounts. Here are a few effective ways to save money that you may not currently be using.

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Save on Vacation

Frugal Living 101

Frugality / By

Family expenses can run high, and it may seem challenging at times to stay on budget. After all, there are often home repairs, car repairs, medical bills and more that seem to develop out of the blue. To better plan and budget for unexpected expenses and to continue to live successfully on a tight budget, you need to strategically keep your regular expenses as low as possible. These tips can help you to more successfully accomplish your financial goals.

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Teaching Children to Use Money Intelligently

Money Management / By

The world is a magical place for kids. It’s a place of astronauts, princesses, and wonderful adventures. To them, money is just a thing that Moms and Dads use when it’s time to go out for ice cream. That’s all well and good, there’s no need for kids to know how to refinance a home (yet), but kids are smart, and it’s important that they know how to use money wisely. The best way to show them, is by showing them how money works in their life.

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