Are you too late to buy a home at a bargain price? Home values are going up all over the country and you may be too late! If you are looking for the perfect time to buy a home, you probably missed it. Similar to the stock market, timing the market is difficult if not impossible. Real estate is cyclical and it goes up and down! The best time to buy ...
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6 Financial Apps to Help with Budgeting for 2014
Keeping track of your finances is tough without help. Thanks to your smartphone, and its overflowing app store, your financial life-preserver is a tap away. Check out these 6 financial apps to help you with budgeting for 2014. ...
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5 Frugal Reasons to Ride a Bike
Why I ride a bike? It is fun and it makes me happy! Do you remember how much fun riding a bike was when you were a kid? Guess what, it is still is! Riding a bike is exercise and good for the environment, but it is much more. Why should you bicycle and what is so great about a bike? If you have to ask, you don’t know! If it has been a while since ...
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Why is there income inequality?
Income inequality has grown significantly in the United States! The top 1% increased income and the middle class income has been declining at a much faster rate. Some of the factors that contribute to income inequality are geographical, globalization, race, gender, education, immigration, institutional, taxation and decline of unions. What do you ...
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Teach Kids about Money – A New Approach!
You can’t teach kids about money, unless you make good financial decisions too! Every time, you spend, save, invest or even make decisions about money, you are demonstrating to your children what they should do. By the time they grow up, they have seen you make thousands of transactions and it becomes the only experience they know for them. I still ...
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Let’s Have Lunch for my 100th Birthday!
Yes, I am planning my 100th birthday celebration! It is just thirty two and half (32 ½)) years from now. Planning a birthday celebration this far in advance has its problems! First, I do not know I will be alive or where I may be living. Should I plan a lunch at a restaurant or at home?. Maybe a 100th birthday is important, but is it more ...
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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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Financial Discipline equals Happiness
Financial discipline equals happiness! Yes, I am talking about self discipline. Do you have self discipline when it comes to your personal finances? Do you spend money you do not have? Do you take responsibility for your actions? Do you have a budget? Do you save for retirement? Do you pay your bills on time? Almost all financial problems are a ...
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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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Is Paying Off your Mortgage Early a Good Idea?
Are you paying off your mortgage early? Many personal financial experts suggest prepaying your mortgage or paying extra principal payments to pay less interest over the life of the loan. You can save a great deal of money by just paying few extra dollars in your monthly payment, pay bimonthly, biweekly, or just make an extra payment. Are ...
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