Marketwatch reports American leave over ONE BILLION dollars in gift cards that are unredeemable each year. Now is the time to go through your wallet and organize what you received for the holidays. Use them before you lose them. The numbers tell the story.
Hit Men, Gambling and Hookers- A brief history of lottery winners
It does not matter how much you have if you do not know what to do with it. http://www.businessinsider.com/lottery-winners-who-lost-everything-2013-12#
10 things about credit that you are embarassed to ask about
Excellent post from Learnvest.. http://www.learnvest.com/knowledge-center/10-things-you%e2%80%99re-embarrassed-to-ask-about-credit/
How can you determine how much life insurance you need?
Here is a simple formula but like anything else it can change based on your individual circumstances 1.Multiply your salary X 10 2. Add in the dollar amount of any large future expenses (Ex: College Costs) 3. Add any debt you would like to cover (Ex: mortgage, car loan, home equity loan) 4. Subtract any…
What are the 3 numbers you should absolutely know about your finances?
1. Retirement Savings(401k, IRA’s, etc.) 2. Credit Card Debt(Your current credit card balances and the interest rate you pay) 3. Emergency Fund( What you have in your savings account that you do not use to pay bills.) You have to at least have an idea what these numbers are before you begin planning your…
The horrific returns of the average investor
The numbers do not lie. This is the result of three things: 1. Buying high and selling low 2. Not Diversifying (How did that Gold portfolio work this year/) 3. Leaving all of your money in cash. Be honest and evaluate yourself. If you are guilty of one of these three wealth destroyers.. CHANGE!!
“Don’t be like The Wolf of Wall Street”-Leonardo DiCaprio
Maybe you should have thought of this before you made the movie. Oliver Stone felt the same way about Gordon Gekko when he filmed Wall Street. He did not realize he created the motivating character for the Jordan Belforts of the world. In investing this is called unintended consequences. Like they say those who do…
What is a safe amount to withdraw from your retirement account?
Most would agree 4% is a good rule of thumb. If your money is properly diversified this amount should keep you from running out of money. A little trick to get the most out of this is to withdraw a little more when the market is very positive and withdraw less during negative years. For…
Do you have any of these 7 warning signs of financial trouble?
Not opening your bills is a huge one…. http://www.dailyworth.com/posts/2314-7-financial-red-flags/1
Five reasons you should try to file your taxes early
Check these out. I did not realize it could help cut down the chances of identity theft. Some pretty good stuff here.. http://money.msn.com/tax-tips/post–5-reasons-to-file-your-taxes-early
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The Retirement Pyramid
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