Can the Experts Really Help Us Find Good Stocks to Invest In? Let’s See for Ourselves

Financial Pie Chart

One of the most thrilling and scary things you can do with your money is to buy individual stocks.I like to hold a small portion of my investments in individual stocks because I have found it to be a very useful component to my overall plan for financial freedom (my money design as I call it).Plus I’ve been investing for a long time so I have a pretty good idea of what to do.Unlike when you own a mutual fund, you lose the safety and security of owning 100’s of stocks at one time when you buy pick and buy stocks one a time.  (Of course the experts have also said that you really only need 10-12 stocks to be adequately diversified).But then there’s a pretty lucrative up-side to stock investing: Your winners could be unbound!  … [Read more...]

Why Do You Need to Know Your Credit Score?

Credit Score

Why exactly does everyone always say you need to know your credit score?  What is it about it that makes it so important?First things first, you need to understand what it is.  Your credit score is the statistical method that lenders use to determine how likely you are to pay back money borrowed, states, by its nature, is money that you borrow with a set time frame to pay it back. People with a higher, or better, credit rating get better rates on money that is lent out because there is less risk involved in loaning to them.For example, a high credit score will allow you to pay back at a smaller interest rate because you're more likely to pay the money back in the first place.This is an important … [Read more...]

Make Sure You Choose Your Family Health Care Insurance Wisely

Operating Room

For all the millions of people in the world who don’t work, freelance, or are semi self employed, they take on the ultimate responsibility of finding their own family health care insurance.Unfortunately we live in a society nowadays where any and all medical care is somehow influenced by what sort of health insurance you either do or don’t have.If you can afford great insurance, then you have nothing to worry about.  Anything that happens – you’ll be covered.But if you’re looking for insurance on your own, how do you know you’re getting the kind of coverage you should have?  How do you know if you’ve selected a terrible provider?  Choosing poor service could end up costing you thousands of dollars out of pocket … [Read more...]

14 Easy Ways How to Cut Power Bill Expenses During the Winter

Winter house

The winter-time can be a very challenging time for most people.It’s cold.  It’s dark.  And it’s hard to travel.Unfortunately all of those things can make people want to stay indoors during that time.  And that can lead to a big increase in your energy bill.All of the sudden you’re dealing with drafty windows, more hot water treatment, and a whole more electricity usage than you ever would have during the Summer-time.Luckily there are lots of effective ways how to cut power bill costs that are easy to do.  All it just takes a little bit of planning and a few basic things to remember.  Helpful Ways How to Cut Power Bill Costs:Lower the thermostat.  Each degree that you turn down your thermostat will result in 5% … [Read more...]

The Top 5 Tips for Avoiding Inheritance Tax

British Pounds

The United States isn’t the only place in the world where people have to worry about how they will pass on their life-long fortune to their heirs.  The English have similar problems and rules written within their tax codes that can complicate how an inheritance is handled after a loved one passes away.The interesting thing that a lot of people don’t really understand: It doesn't matter whether a person has paid the basic rate of tax for a lifetime.  They will become a higher-rate taxpayer posthumously if their estate is worth more than £325,000 upon death.While that may sound like a high threshold, it means thousands of homeowners in the south of England could be hit by IHT solely because of their ownership of … [Read more...]

Niche Website Update 16 – NS4 is Growing – Plus My Passive Income Report

Ideas to Make Money

Welcome to the March edition of my niche website update. Every month we review the progress of my growing website collection and how they are performing financially.Building these websites and making money from my blogs is a very important part of enhancing my personal finance goals.  This ongoing side hustle is just one of the ways I create passive income streams in addition to my normal working income and becoming financially independent.March was a busy month for us.  We worked really hard to build up my latest (fourth) niche site NS4.  NS4 is a music niche website that will use Amazon as its primary source for monetization.We also did a little maintenance on the old websites and had a few welcomed surprises.Here’s … [Read more...]

5 Things That You Need to Know About Leasing Commercial Real Estate

commerical real estate

Owning a business with any number of employees or inventory is going to require having a large enough building to accommodate it.Leasing commercial real estate is one of the least expensive ways to get set up quickly.  It is less expensive (short-term) than buying and gives you the option to move out quickly if things progress over the next few months or years.With things in the U.S. economy forecast for a positive turn, this can translate into both good and bad opportunities for those with a need for rented space.  For example you may be able to find buildings that haven’t been rented in months and are able to lock into a great price for a reasonable term.  However you could also find yourself stuck with space that is not up to … [Read more...]

Why Is It Important to Save Money Instead of Enjoying It All Now?

Coins Entering Piggybank Shows American Revenues

The life of a child is so simple relative to that of an adult.I realize this over and over again whenever I go out to the store with my; especially my 8-year-old son.  He has a severe problem where the second he gets a dollar, he has to spend it!  It doesn’t really matter on what.  He just has to spend it.“Do you really need it?” I’ll ask him.  “I thought you were saving your money for the bigger one?”He might try to argue.  He may even try to justify making this purchase.  But as his parents we still challenge him because we know that it will be a very important lesson to understand why it’s important to save money for the things we really want later in life.  … [Read more...]