It may seem like there is a lot to personal finance. And in one sense there is. There are thousands of different approaches to personal finance. And this can get overwhelming. It may seem so overwhelming that you feel paralyzed at square one. But it doesn't have to be. There are a handful of things that are critical in personal finance. All the rest is splitting hairs. So go through each of these items one at a time and make an improvement in each area. . . .
In response to the guest infographic, 67 Insane Facts About Bitcoin, reader Marty J wrote, "it is my understanding that each transaction takes hours to process on the block-chain (unless one pays a $30 premium to get to the head of the line) and uses an enormous amount of electricity. With these constraints, I can’t see myself ever really using bitcoin as a currency. So if it is simply an . . .
With Bitcoin all over the news lately, and other cryptic currencies gaining traction (including this one by Kodak, of all people), I think this infographic from BitcoinPlay is worth sharing. . . .
We are all creatures of habits. Good habits are critical to success. Master these habits and you'll be well on your way towards financial success. Yes, I know as we move into the New Year, the last thing you want is yet another goal or resolution. So don't try and tackle all of these at once, but rather work on each one separately until you have it down, and then move on to the next one. 1- . . .
I didn't do well in physics class in high school. But for some reason, I remember the concept of inertia. Basically if an object is at rest, its tendency is to continue to be at rest. If the object is in motion, it will continue in the same direction unless redirected by something else. It's a concept we observe all the time in our surroundings. But we also find inertia in personal . . .
About 6 months ago, my wife and I decided to start a cafe and especially during the last 3 or 4 months, we've had our heads buried in starting up said venture. If you've followed this blog for a while, you may have noticed my sudden and mysterious absence. This was due entirely to starting up the business. Now that life has more or less returned to normal, or as normal as life will ever be while . . .
Last week when J. Money went looking for recruits to dole out some $100s from the Rockstar Finance Community Fund, I gladly raised my hand. Because who doesn't like being Santa Clause? The rules were simple. Rockstar Finance gave me $100 that I could use however I wanted, as long as I was DOING GOOD. Secondly, I had to share the story as an inspiration to others. I decided to attempt to be a . . .
Christmas is less than 20 days away. If you're really on top of your game, you've already finished your Christmas shopping, or at least most of it. However, if you're like most people, panic is probably starting to kick in as you realize that you only have about 2 weeks to buy presents for everyone. As you shop, tho, there are several mistakes that you should avoid, lest you finish up this . . .
Buying a house is a big step in life (although arguably not for everyone). Most likely, when you decide to buy a home, you'll need to finance your purchase. You'll be confronted with several types of mortgages to choose from. The most common type of mortgage is the 30-year fixed rate mortgage. However, don't just assume that this one is the best kind for you. The Big Bad Balloon Hopefully your . . .
A lot of personal finance focuses on savings: saving for retirement, saving for an emergency, saving up for a car or house, all in addition to the smaller savings goals that you may have set for yourself. The problem is, it's a lot easier to tell ourselves that we need to save than to actually stash away the money. Whether you're currently saving nothing at all, or just not as much as you know . . .
This is a paid post written by me on behalf of Discover Personal Loans. All opinions are my own The average American household credit card debt is now $16,883, with overall U.S. household debt increasing by 11% in the past decade. More people may be finding it more difficult to meet their monthly bills due to rising medical, housing and other costs, and find themselves in debt now more than in . . .