How to select good tenants? If you ever thought about investing in real estate, renting out your home or a room in your home, you should read this! Earning money from income property can make you rich or cause you a lot of problems! Late rent, bothering other tenants, destroying property in their unit and elsewhere are just some of the problems ...
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How to Save Money – Everywhere
Saving money is my passion! I consider myself a value shopper although I do very little actual shopping. Do I do extreme couponing or camp out at sales? No, that would be a waste of time since I do very little shopping. My grade as a consumer is probably “F”. I am not a minimalist, but I try to maximize value from my purchases with very little ...
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The Best Financial Adviser is You
Do you really need a financial adviser? What do you expect a financial adviser to do for you anyway? You can get a fee only adviser to prepare a financial plan and still fail! A financial plan is just a set of financial goals based on your information! It is just a matter of setting goals and monitoring your progress. Some may call it child's play. ...
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5 Smart Ways to Cut your Expenses
How I cut my expenses may provide some insight how to save money. Some people would call me cheap! Others may say I am frugal! I think of myself as value conscious! I hate to spend more money for something than I need to. My approach may cause you to rethink how you spend your money! Find out how you can live on less without feeling deprived! ...
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What is Personal Finance?
Personal finance is the financial management which an individual or a family unit is required to do to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. Simply said, it is your plan to make, spend and invest money as it relates to you. How will you achieve your ...
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Don’t Shoot the Messenger
In earlier times, the messenger delivered bad news! Don’t blame the person who tells you bad news. Too often, the person delivering bad news is blamed for the news. For many years, I was the messenger! I was the Chief Financial Officer who said profit margins were decreasing or some other performance indicator. As a personal finance blogger, is it ...
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What you can learn from the HENRY’s!
What are the HENRY’s? They are High Earners Not Rich Yet (earn $100-250k annually). They have expensive cars, boats, and houses that make them look rich, but all their money is tied up in these assets. They are living paycheck to paycheck! My first reaction who cares about these people until I found out there are twenty-one (21) million of them. ...
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Money Management Tips for Children
Money management is controlling your personal finances! Money management is the process of budgeting, saving, investing, spending or otherwise in overseeing the cash usage of an individual or group. Do you contribute to your retirement? Do you have a budget? Do you pay your credit card balance every month? If you can answer yes to these ...
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How to Get Rich?
How to get rich? “Being the richest man in the cemetery doesn’t matter to me!” (Steve Jobs) In an interview, Steve Jobs said his goals in life were never to make a lot of money; instead he wanted to leave the world a better place. I know money is important, but at what price? How much money is enough? Does money really make you happy? Everyone ...
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Simple Steps to Buying a Quality Surround Sound System for Your Living Room
Although the factory speakers that came with your high-definition television are somewhat sufficient and acceptable, they simply don’t provide you with the booming bass and overall surround sound experience that you anticipated having within your home when you first purchased the HD TV. Fortunately, there are several simple steps that you can take ...
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