Posts filtered by tags: Personal-finance[x]


What You Should Know about A Reverse Mortgage in 2021

In this era of rapidly rising inflation, reverse mortgages are looking more and more attractive to long-time homeowners aged 62 and older. A recent article states that reverse mortgages are so popular, you often see them being endorsed by popular television stars like Henry Winkler, Tom Selleck, and even celebrities from the popular “Law and Order” series. The job of these familiar faces is to assure you that by taking out a reverse mortgage, you can use the equity in your home to create mo...
Tags: Personal Finance, Marketing, Hud, Federal Trade Commission, Ftc, Fed, FHA, CFPB, U S Department of Housing and Urban Development, Consumer Financial Protection Bureau, Federal Housing Administration, HECM, Henry Winkler Tom Selleck

4 Quickest Ways to Go Broke

Contrary to popular belief, it is an expensive endeavor to stay poor. People are who are financially illiterate, generate debt to make money, and don’t consider their own financial futures. Some people in the world are born into poverty through no fault of their own. But many people create their own financial problems through ignorance […] The post 4 Quickest Ways to Go Broke appeared first on Personal Finance Advice.
Tags: Personal Finance, Education, Small Business, Marketing, Budgeting, Debt, Investing, Making Money

How to create an estate plan for beneficiaries with addictions

Many families today are forced to deal with the problems and pain of a loved one suffering from addiction. The afflicted party may suffer from addiction to drugs, alcohol, or other substances, or they may suffer from behavioral addictions such as gambling, shopping, eating or sex. With any of these addictions, an inheritance of cash or other assets can quickly escalate the problem. While leaving an inheritance to anyone should be carefully planned, leaving an inheritance to a person with addicti...
Tags: Personal Finance, Business, Small Business, California, Sport, UPS, Soccer, Riverside, Teresa J Rhyne

Tips for former addicts, families trying to get finances restored

Addiction presents its ugliness in many forms, such as drug and alcohol abuse, compulsive gambling and over or undereating, just to name a few. While there are a variety of addictions, many of the symptoms of behavioral disorders overlap. Families and the addict are eventually affected financially and emotionally. Sometimes relationships become so severely damaged they cease to exist. Often, family members support the person’s addiction without realizing it. Once aware of the problem, it is impo...
Tags: Personal Finance, Business, Small Business, America, Sport, UPS, Soccer, Addiction, U S Department of Health and Human Services, SAMHSA, TERI, Teri Parker, CAPTRUST

‘Don’t spend the difference’: where to put your money if you can’t buy your own home

Millions of younger Australians will never own their own home. With interest rates at record lows, how else can you safeguard your financial future?If you feel like you’re never going to own a home, you may be right.A May 2020 report from the Australian Housing and Urban Research Institute forecasts that “almost half” of today’s young people will not own property by age 54. In the year since that report was published, Australian house prices have surged record amounts, making an already tricky p...
Tags: Personal Finance, Money, Housing Market, Australia news, Homes, Australian Housing and Urban Research Institute, Australian lifestyle

6 Financial Factors to Consider When Buying a Car

Buying a car is a big step in life. It can be a personal milestone or a rite of passage. Or, it can be nothing more than a necessity, whether to replace an old vehicle or account for an expanding household. Either way, it’s also a major investment — emotionally, financially, and in terms of the time it will take you to find and secure just the right car for you. But it’s the finances we’re concerned with today — so here are a few things you should think about before getting behind the wheel. It’...
Tags: Personal Finance, Marketing, Budgeting, Personal Situation

4 Reasons for Penalty-Free Retirement Fund Withdrawals

You depend on your 401K upon retirement. The money put toward your retirement fund will help you live a happy life once you retire from your current career. Unfortunately, there are times where you may find yourself in need of extra money. When you have nowhere to turn, your retirement fund might be an option. An estimated 32% of Americans have a 401k. The problem, however, is how to get penalty-free retirement fund withdrawals. There are certain situations where a withdrawal from a 401K wou...
Tags: Personal Finance, Retirement, Marketing, Ira, Retirement planning, Irs, Retirement Fund

Cars For Resale: Here’s How To Increase Their Value

Unfortunately or fortunately, sometimes you have to sell your car, a rather simple thing since the internet offers many dedicated sites, but which can be made more effective with a few small tricks. First of all, the photos to be published must be of good quality, taken with the correct light and show the car both in general and in detail. Before publishing the photos, let’s see how to prepare the car. A complete exterior wash must be carried out, also focusing on details such as the front grill...
Tags: Personal Finance, Finance, Marketing, Chrysler Factory

5 Budgeting Tips for College Students

Freedom! For most college students, this is the time that they start to get out on their own and start handling their own finances. Unfortunately, most college-aged people have almost no idea how to handle money. A mere 40% of student have ever even created a budget, much less stuck to it. If you can relate, read on for some stellar tips that will help you understand budgeting for college students. 1. Calculate Your Income First, you need to know how much money you can count on. If you a...
Tags: Personal Finance, Marketing, Budgeting, College Life, Budgeting Tips for College Students, Budgeting for College Boss Budgeting

“Growing old isn’t for sissies”

“Growing old isn’t for sissies” – my dad has said this for as long as I can remember. And as he and my mom celebrated their 49th wedding anniversary, he said it again. For anyone new, my mom was diagnosed with Lewy Body Dementia and Parkinsons several years ago. Dementia is not unexpected based on our family history. Parkinsons was quite the shock. And we are now seeing both in full effect. My sister and I had fun doing 80s style makeup with my mom when I went to Texas to bring my mom back for...
Tags: Personal Finance, Texas, Marketing, Lewy Body Dementia, Life Experiences

The No. 1 thing keeping women from being money wise

It’s a well-established fact that women are still less comfortable managing money. As my colleague Michelle Herting wrote last week, women “…worry more. They are less likely than men to plan early, engage a financial adviser, or study financial planning topics. Half associate negative words with planning.” Yet, these are the very things that will set women up to become more fiscally aware and to take charge of their finances with confidence. If you are a woman who holds back from taking charge i...
Tags: Personal Finance, Business, Advice, Walmart, Sport, Soccer, Soledad, Patti Cotton, Michelle Herting

Stock close higher, S&P 500 has best week since February

Stocks ended mostly higher Friday, helping the S&P 500 index close out its best week since February. It’s a notable turnaround for the market, which only the previous week had its worst week since February on concerns about inflation. The S&P 500 index closed up 14.21 points, or 0.3%, to 4,280.70. The Dow Jones Industrial Average rose 237.02 points, or 0.7%, to 34,433.84 and the Nasdaq Composite lost 9.32 points, or 0.1%, to 14,360.39. With Friday’s gains, the S&P 500 index ended the week up 2.7...
Tags: Personal Finance, Business, News, Amc, US, Nike, Sport, Economy, Soccer, Gop, Warren Buffett, Federal Reserve, Biden, Federal Aviation Administration, Fed, Commerce Department

Complaints about PayPal, Venmo, other mobile pay apps surge during pandemic

There was cash in the PayPal account — but it mysteriously disappeared. In another account, PayPal put the funds of a small business on hold — for six months — because it mistakenly thought the company was selling weight-loss products. More than $3,000 in a Venmo account was lost in translation between the app and the holder’s bank account. And one anguished user pleaded for government help after Square, which owns CashApp, left the owner unable to access money. “I will possibly be out on the st...
Tags: Personal Finance, Business, Technology, News, Congress, Finance, Wall Street, Berlin, Sport, Joe Biden, Paypal, Soccer, United States, British Columbia, Coinbase, Consumers

Upcoming Comic Book Films Can Guide Your Investing Choices

(Image courtesy SciroKun) It has never been a better time to be a comic book collector. You don’t have to know anything about comic books to make prudent comic book collecting choices. I think you should be a comic book fan. I grew up reading comic books. Understanding comic books, the eras they were published […] The post Upcoming Comic Book Films Can Guide Your Investing Choices appeared first on Personal Finance Advice.
Tags: Personal Finance, Entertainment, Marketing, Investing, Comic Book Collecting

Asia stocks rise after Fed chair says US inflation temporary

By JOE McDONALD BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday after the Federal Reserve chairman said higher U.S. inflation probably is temporary, helping to calm fears central bankers might feel pressure to roll back economic stimulus. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul advanced. Sydney declined. Overnight, Wall Street’s benchmark S&P 500 index rose 0.5% to near last week’s all-time high after Fed chairman Jerome Powell said inflation is most...
Tags: Personal Finance, Asia, Hong Kong, Business, London, News, Congress, US, Sport, Economy, Beijing, Soccer, Sydney, New Zealand, Tokyo, Federal Reserve

How much to pay yourself as a SaaS founder

“If you’re the founder of a seed-stage [company and] you’re worried about your electricity staying on this month, then your salary is too low. If you’re saving $10,000/mo, then your salary is probably higher than necessary,” investor Leo Polovets wrote in a Twitter thread. Ultimately, a good test is to ask how you’ll feel if your startup fails: Will you wonder if your salary contributed to its fall? Or will you regret sacrificing more than you can recover? This tweet is just o...
Tags: Personal Finance, Startups, Funding, Tech, Compensation, Fundraising, SaaS, Blossom Street Ventures, EC Cloud and Enterprise Infrastructure, EC How To, Leo Polovets, Chris Sosnowski

Racial disparities have reduced Black life expectancy and left more than 3 million Black families in the US with a negative net worth, warns a new McKinsey report

Black Americans continue to face a disproportionately harsh economic situation, according to a new study from McKinsey & Co. Willie B. Thomas/Getty Images A study released by McKinsey & Co. illustrates the harsh economic reality faced by Black Americans. More than 3 million Black American households were found to have a negative net worth. One key cause is that Black Americans command single-digit shares of high paying jobs. See more stories on Insider's business page. On the eve of th...
Tags: Personal Finance, Jobs, News, US, Careers, America, Trends, Georgia, United States, Pacific, Pew Research Center, Black, Mckinsey, McKinsey Co, Texas Florida, Black America

Time: The Most Important Financial Variable

For those of you who haven’t had as many financial plans and projects fail as I have, I’d like to share with you the most important variable in all of your plans, and that is Time (no not the magazine, the passing of moments). Time is the most important financial variable , unfortunately. Time will fix many things, but assuming you can do things quickly is usually the problem that trips up most plans and projects. Typically a repayment plan will be quite simple: Payment p...
Tags: Personal Finance, Time, Marketing, Financial Planning, Pmt, Plan, Financial Literacy

The Ultimate Guide on Choosing the Right Life Insurance

Have you been looking to sign up for insurance, but you’re overwhelmed by the variety? Choosing the right insurance can be a challenging task emotionally and physically. While life insurance is there as protection when death comes, it forces people to think about something they don’t want to occur. Having to consider this is difficult for some persons. However, there are many options when it comes to choosing the right life insurance, some of which will involve additional costs. A new st...
Tags: Personal Finance, Marketing, Insurance, Life Insurance, Term Life Insurance, Insurance Planning, Permanent Life Insurance, Right Life Insurance

Affirm lets you pay off large online purchases over time - here are 60+ stores across home, fashion, and travel that accept it

If you buy through our links, we may earn money from affiliate partners. Learn more. Affirm It's now easier and more convenient to buy the things you need, when you need them, with microloan providers like Affirm. Affirm lets you pay for online purchases over a period of time (usually three, six, or 12 months). Annual percentage rates (APR) range from 0-30% and Affirm does not charge any additional fees. It's available at 60+ of our favorite online retailers, including mattress...
Tags: Travel, Reviews, Personal Finance, Kitchen, Home, Style, Trends, Gifts, Brooklyn, Retail, Mother's Day, APR, Gifts For Kids, Gifts For Men, Gifts For Her, Connie Chen

Is 2021 The Year Of The Personal Loan?

2021 has been an interesting year. When it comes to finances, it has been great for some, and not so great or others, with a variety of different situations for each individual and opinions on the matter. Personal loans are a potential way to cover large, one-off expenses upfront. These can be things like cars, weddings, holidays, or major home improvements. They’re also useful for consolidating your other debts into a single monthly repayment, which can prove to be helpful if you’ve got severa...
Tags: Personal Finance, UK, Marketing

5 Things You (Probably) Didn’t Know About Crypto Mining

Bitcoin is the most well-known cryptocurrency platform in the world, but there are certain facts about it that you may not be aware of. Let us look at some Bitcoin facts and numbers to have a better understanding of this famous blockchain-based cryptocurrency. There are many profitable cryptocurrencies but the most profitable crypto to mine remains bitcoin no doubt.    What is bitcoin? Bitcoin is a worldwide payment system and encrypted digital money, sometimes known as a cryptocurren...
Tags: Personal Finance, Europe, Finance, Marketing, Bitcoin, Ireland, Serbia, Croatia, Satoshi Nakamoto, CME, Liberland, Jedlicka, Santoshi, Liberia Liberland, Processing Capacity Mining

Where To Find Upcoming Real Estate Auctions

I am a fan of Jon Cryer’s Lex Luthor on the CW’s Supergirl. Yes, the show is campy and corny, but I enjoy it. Cryer’s Luthor exudes a campy, evil capitalist bent that is entertaining to watch but also perversely mirrors the real world of finance. In one episode, Luthor admonished another character for not […] The post Where To Find Upcoming Real Estate Auctions appeared first on Personal Finance Advice.
Tags: Personal Finance, Housing, Marketing, Investing, Cw, Lex Luthor, Luthor, Cryer, Jon Cryer, Real Estate Auctions

Bad Credit Tips When Buying Your First Car

Your credit score can play a huge role in your chances of approval for a car loan or finance. Typically, the better your credit rating, the better your chances are of finding the best deals, so it may be wise to try and improve your rating before applying. However, there are still options available for those with poor credit. In this post, we will detail some tips to find the best bad credit car loans to help you get behind the wheel. 1. Check Current Interest Rates You should be able to check...
Tags: Personal Finance, Marketing, Fca, Money Advice Service

White-knuckle thriller for AMC as it sells stock into frenzy

By MICHELLE CHAPMAN and STAN CHOE Got your popcorn? The wild ride for the summer’s blockbuster stock, AMC Entertainment, got even crazier on Thursday. The movie-theater company’s stock plunged nearly 40% in the morning after it announced plans to sell 11.6 million shares to raise cash, while warning buyers they could lose all their investment. But it erased the loss in just a few hours. After the stock sale was complete, it climbed above the record closing price it had set a day earlier, only to...
Tags: Personal Finance, Business, News, Wall Street, Amc, Sport, Economy, Soccer, Reddit, Federal Reserve, Gamestop, Ma, AutoZone, Stan Choe, National News, MICHELLE CHAPMAN

Truebill raises $45 million for its personal finance app

Personal finance startup Truebill has raised a $45 million Series D funding round led by Accel. This comes just a few months after the company raised a $17 million Series C. Overall, the startup has raised $85 million since its creation. Existing investors Bessemer Venture Partners, Cota Capital and Eldridge Industries are also participating in today’s funding round. Truebill offers several tools to help people living in the U.S. take control of their finances. One of the app’s key features is t...
Tags: Personal Finance, Fundings & Exits, Startups, Finance, Tech, Fintech, Accel, Truebill, Haroon Mokhtarzada

Penfold closes $8.5M to provide a full stack pension in an app aimed at freelancers

Penfold, a startup that offers a full stack pension in a smartphone app, has closed a $8.5 million (£6m) funding round, $4M of which was from a crowdfunding campaign. The company is now approved by the FCA to operate a pension itself rather than relying on third parties, and is aimed at freelancers who rarely save. The round was led by Bridford Group, the Family Office of Jorg Mohaupt, allegedly the only Angel investor in Adyen. Alan Morgan of MMC Ventures also invested. Penfold says it built th...
Tags: Personal Finance, TC, Europe, Tech, Hmrc, London Stock Exchange, Banking, Ceo, Smartphone, Fca, Aviva, Adyen, Ifa, KYC, MMC Ventures, The Family

How My Partner and I Stopped Fighting About Money

Studies have shown that money is the number one reason couples fight, and my partner and I are no exception. I’m a natural saver while my other half is a bit of a spender. This caused quite a few disagreements when it came time to combine our finances.  But after a lot of communication and compromise, we’ve come up with a financial plan we’re both happy with. Here’s how we stopped the money fights and came to an agreement about our budget.  We Compromised On Discretionary Spending My ...
Tags: Personal Finance, Budget, Money, Relationships, Marketing, America, Netflix

How Much Interest You Actually Pay, Based on Your Credit Score

Your credit score is important to lenders, as it helps them assess you as a credit risk, but it’s important to you, too, because it ultimately determines the interest rates you pay on credit cards and loans. While I knew this in my early twenties, the significance didn’t really sink in until I thought of it in terms…Read more...
Tags: Personal Finance, Money, Finance, Interest Rates, Economy, Credit, Lifehacks, Loan, Credit Score, Subprime Mortgage Crisis, Business Finance, Subprime Lending, Credit History, Alt A

Why You Shouldn't Close a Credit Card Account (and the Few Times You Should)

If you have an old credit card that you never use, you might be tempted to scrap it. After all, debt is bad right? Well, cancelling your card has some consequences related to your credit score, so you’ll want to consider all of your options first. Here’s what you need to know.Read more...
Tags: Personal Finance, Money, Finance, Economy, Netflix, Credit, Credit Card, Lifehacks, Credit Score, Line of Credit, Employment Discrimination, Credit History, Payment Systems, Ted Rossman, Credit Score In The United States