Browsing Category Personal Finance

Is There a Lesser Evil Between Buying and Renting?


Tuesday, May 10, 2016

Most people are excited to move out of their parents' home and gain a little independence. The only major downside is having to pay a mortgage or monthly rent. The big question is whether to buy or rent. No matter which you go for, the rule of thumb is always to keep your housing costs ...

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Not All 401k’s Are Alike: How to Recognize and Fix a Bad 401k


Tuesday, May 3, 2016

Most people believe that a 401k is beneficial. This type of investment can provide the same percentage of a retired person's income that pensions once provided. However, there are millions of people haven't a clue whether their 401k plan is a good one. Many have inadequate funding options and excessive fees. It could end up causing ...

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Is Your Money Flying Out the Window?


Tuesday, April 19, 2016

Most people will tell you that they find it odd that they cannot seem to grow money in their savings account enough though they strategically ensure ways to cut spending their money. You are not the only one that feels this way. It’s the most common issue that people struggle with today. People can start to ...

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Now that Minimum Wage is Rising, Is America Truly Doing Better?


Thursday, April 14, 2016

Bankrate conducted a survey and discovered that over 60% of people in the US do not have enough funds to handle even $500 worth in a financial setback. Nearly 50% of those that were part of the study, and make a minimum of $75,000 each year said they had inadequate funds if they were ever ...

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Peer to Peer Lending Are Giving Banks a Run For Their Money


Tuesday, March 29, 2016

People usually think of going to bank when they need to take out a loan. Banks may give people who are already their customers certain discounts on interest rates, which is a major factor we look at when choosing a lender so that we can go with them. Banks are usually hesitant to give small business ...

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