Living within your means is one of the key principles of being financially successful. While it is great to cut expenses from our budgets to save money, there is no way to cut 100% of our expenses out. There will always be something that we need to purchase in order to continue living the quality […]
Earlier this spring, the cost of a gallon of gas was averaging close to $4 in the US. Analysts were predicting $5 gas this summer, followed by the sun burning out and the moon exploding. Ironically, none of this happened. During the early part of summer gas prices were steadily dropping. A barrel of oil […]
There are furious debates going on right now about whether or not the rich pay enough in taxes and how much certain income earners should pay. You hear one person argue that “the rich only pay 15% of their income in taxes†and another person counter-argue that “the rich pay 40% of all taxes paid.†[…]
When it comes to saving money, most people find every way they can to cut little expenses from their budget. This technique has become known as the Latte Factor. Here, you forego your daily coffee and save the $3. Eventually, all those times of saving $3 add up and when you retire, you have a […]
Get ready to pay an online sales tax when shopping online! Congress is moving forward with the “Marketplace Fairness Tax†(H.R 3179, the Marketplace Equity Act of 2011). If signed into law, it will require online retailers to collect a sales tax on your purchases made online at places like Amazon. How Online Sales Work […]
With interest rates continuing to be at all-time lows, now is a great time to buy a home or refinance your existing mortgage. When it comes to home buying or refinancing, closing costs can cost you (no pun intended). Many do not realize that some of the items listed as closing costs can be negotiated. […]
It’s always nice to get a brand new shiny toy, but when it comes to getting the most for your money, there are some things that are better purchased used. Below I list seven things that are better purchased used as opposed to new. Surprisingly, you won’t find cars on this list. While in most […]
I am in the market for a new car purchase. My current car is slowly preparing herself for the car graveyard and I have begun to do my research on what I want. I have narrowed my choices down to two cars: a diesel hatchback and a hybrid hatchback. While the sticker prices for both […]
Inflation affects us every day. Rising food prices, higher gas prices, and higher clothing costs are just a few of the examples of inflation. It’s easy to see these examples because we deal with them in the day to day. The effect inflation has on our investments is another story. While you look at your […]
Investing is supposed to be easy; you take an amount of money, invest it in the market, and let it grow in value over time. If it is so easy, then why do so many people fail at it? Here are 11 reasons why investors fail. Hopefully you aren’t committing all of these mistakes. If […]
