Finance and Credit Professional

There are many ways to make saving money easy and doable. You don't need a lifestyle change to succeed in saving money. Listed below are helpful tips to make it easier for you to start saving money.Make it a habit to prepare a grocery list. Write down the items that you genuinely need. Be strict [...]

Most people can appreciate the importance of having a good financial plan to build a healthy nest egg for retirement.It's taking action towards making it a reality which is all too often the difficult part. Implementing a savings plan when you trying to make ends meet with mortgage payments, children's expenses, household bills and the [...]

We are a country in debt. Not only is our government in debt, but we, as Americans, are in debt ourselves, and the problem is just getting worse. Recent studies have shown that ninety percent of Americans have at least one credit card, and they are using that card, a lot!The average family [...]

Before you can ever reduce your expenses and increase your savings, you must first know where your money is going to. Many people share the same experience of having no idea where their $5,000 salary went. 'How did I spend so much money?' 'I thought that I should have $1,000 left at the end of [...]

The entire point of having a rewards card is to get paid for what you would spend anyhow. These aren't the right choice for everyone. For example, if you tend to carry a balance and the rewards card carries a higher interest rate than a plain credit card, you may be best off with the [...]

Let me give you an example to illustrate the power of compounding. Let's say we played a game of golf and we made a friendly bet of 10-cent on the first hole, with the bet doubling on each hole. Would you take on this bet? Now, if you were familiar with the game of golf, [...]

There are three major steps that master investors take and they are: 1) identify very good businesses, 2) buy them only at a huge discount and 3) wait for the market to realize its true value or overvalue it.Step 1: Identify Very Good BusinessesAlways remember that when you are buying a stock, you are not [...]

The world's second biggest economy is Japan (behind the good ol' USA). China, India, and Brazil have economies growing at upwards of 10% annually. That's a lot faster then the roughly 2.5% expected US growth over the next year or so (absent a recession, of course). Together those three economies almost equal [...]

Most people have heard of the FICO score, but don't really understand what it is. This is the mysterious score that creditors and lenders talk about in regards to credit approval. What exactly is this score and how is it determined?The FICO score is named after the Fair Isaac Corporation, which is the [...]

Advances in investment theory have dovetailed nicely with ancient wisdom to present investors with a new and exciting paradigm for investing. These advances, known as Modern Portfolio Theory, were developed by primarily by Nobel prize winning economist Harry M. Markowitz. Modern Portfolio theory emphasizes the importance of disciplined investing that focuses on proper [...]