Trusts are also somewhat of an enigma which often tends to scare people into inactivity, causing even more problems in the long run. So let’s dispel some of the myths about trusts and delve into the eight main reasons why they are beneficial and even necessary.
Tag Archives: Financial Literacy
Lies about the S&P 500 That Nobody Tells You
When it comes to the S&P 500, often people take a different stance, assuming and spouting about how it is such a safe investment. Perhaps. But be aware that there are still risks before blindly buying into what others say about the S&P 500.
The Crystal Ball of Stock Picking Doesn’t Exist
IF you ask anyone in what one stock you should invest your money in, you should get more questions rather than the name of one particular stock. My answer to this question about what stock to invest in is more questions. I am here to teach people about the stock market, so each person can be successful and that is my crystal ball.
How to Invest During a Recession
First, don’t panic. That is exactly what gets many people into financial trouble. Let’s walk through this together, so you may gain a sense of understanding and, hopefully, the resolve you will need to make wise decisions with your money.
Do I Need a Financial Advisor?
Investing is one of those areas where you can acquire the necessary tools and information, so you can be the “expert” in YOUR investing and save money that is unnecessary to spend. So when people ask me whether or not they need a financial advisor, I would say you DO NOT, but you DO need to understand some things and educate yourself on some of the basics before deciding to take on this task alone.
Can I REALLY Earn 10% In The Market?
Many people question how much they can earn investing in the stock market, and some question if they can earn 10%. You have to be careful making assumptions with the stock market and fully understand it for all of its nuances and intricacies. Investing in the stock market IS a good investment, but you haveContinue reading “Can I REALLY Earn 10% In The Market?”
Whole Life Insurance Vs. Term Life Insurance : Which Fits My Needs?
It is necessary to know the difference between the two most common types of life insurance: whole life and term life. They are similar in some ways but very different in others. Following are the basics between the two that may help you decide which is best for your needs. Life insurance is a must if there are other people who depend on you for your income.
Credit Cards -the Good, the Bad, and the Truth
Credit cards can be okay when used correctly and managed properly. However, most people do not do that, so they are not fine or good! Credit cards are one of the easiest ways to get into a financial situation that spirals out of control really fast. So let’s take a look at the types of credit cards and the practicality of actually having one.
Have Fun Without Wrecking Your Budget!
Spring has Sprung! Yes, it is finally spring, and most of us are ready to get outside and enjoy going places and doing things. It is also a time for many celebrations such as weddings. BUT – and it is always the proverbial BUT – we also just went through tax season. So, you eitherContinue reading “Have Fun Without Wrecking Your Budget!”
4 Tips to Avoid The Consumerism Trap
We are consumed with and by STUFF. Most of the stuff we have, we don’t need. But advertisers tell us we do, and we buy into their ads and gimmicks. All too quickly we are spending money, often money we don’t REALLY have, on the latest and greatest of whatever new item they are selling. Continue reading “4 Tips to Avoid The Consumerism Trap”