Going Back to School on a Budget as an Adult

Budget

Going back to school isn't just for the little ones.  It can be a time for grown-ups to get anxiety too.  And not just over the work they'll have to do. If you've noticed the job market is saturated with candidates that have bachelor's degrees, you've possibly considered getting a graduate degree to give yourself an edge. But balancing family expenses is hard enough without adding tuition and books.  Plus don't forget all those hours invested in working on projects and studying. You might even convince yourself that paying for a graduate degree and keeping your family afloat is nearly impossible.  But remember - you're not the first adult who's gone back to school while working, parenting, etc. If you're in this boat, here are a … [Read more...]

3 High Risk High Return Investments You Should Get to Know

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When most people talk about investing, their goal is to complete alleviate risk while earning as much money as possible. Although it’s never possible to alleviate risk, it is possible to reduce it if you’re willing to accept a low return.However, what if you’re willing to take on a bit of extra risk for the prospect of a higher return rate? What do you do then? Well, here are 3 high risk high return investments that you can take part in.   Binary Options: When it comes to high risk, high return investment vehicles, binary options happen to be my favorite. With binary options, you’re not purchasing a stock or bond. Instead, it’s up to you to predict whether the value of an asset will rise or fall over the course of a … [Read more...]

How to Reach an IRS Installment Agreement

How to Reach an IRS Installment Agreement

No one intentionally falls behind on their taxes unless they’re taking cues from Thoreau’s Civil Disobedience (which by the way will hardly work in your defense in court). While Thoreau ended up spending a night in jail and getting some material for his book, most of us would prefer to avoid the penalties imposed for tax delinquency. For those who have found themselves unable to meet their tax requirements with the federal government due to a poor financial situation, one viable solution might be figuring out how to reach an IRS installment agreement.   What is an Installment Agreement: Because the IRS would prefer that it receive at least some portion of your prescribed tax obligations, it is often willing to come to a … [Read more...]

How to Remove Disputes from Credit Report History and Get a Higher Score

Credit Report Disputes

It is always a good idea to keep an eye on your credit score and credit report. I have been been doing my homework in this area, and I am thrilled to report that my credit score has risen dramatically due to some simple efforts I made. Here’s what was holding me back. I’m pretty conscientious when it comes to paying my bills on time. But a year ago my wife and I moved to a new city. Though we canceled our utility accounts only after the final balances had been paid, my credit report showed an unpaid partial month. Because we changed addresses twice in 3 months, I guess written confirmation never found me, and we were never notified any other way. I only noticed the negative mark on my credit report when I checked … [Read more...]

Can the Experts Help Us with Investing in Dividend Stocks?  6 Month Update

Investing in Dividend Stocks

What if there was a really simple way for investing in dividend stocks and knowing which ones were going to do better than others over the next year?  What if all you had to do was just read the expert opinions to know how they were going to do? That’s the fun little experiment I started about 6 months ago when I bought my last round of dividend stocks to add to my money design.  Of course this is NOT how I picked my stocks and I would NEVER advise you do this.  There are plenty of other ways to evaluate the assets of a company.  All the same though, I thought it might be fun to note the “expert opinions” for each of the stocks I bought earlier this year and see how they did every 3 months are so. Who knows – could any of these … [Read more...]

How to Double Your Money the Safe and Smart Way

How to Double Your Money

Blackjack.  Hot-pick stocks.  These are the kinds of silly things people usually think about when it comes to doubling their money fast. Unfortunately when it comes to methods like that, the story usually ends with them not only NOT doubling their money but also losing all of their initial investment too. Ever since I was a little boy I’ve been completely fascinated with the legitimate ways that you take one dollar and turn it into two. The truth is that it’s actually pretty easy to do.  There are lots of ways how to double your money without having to take a whole lot of unnecessary risks.  You just need the patience to give it time and let it happen safely. Here’s how that happens:   The Rule of 72 and Doubling Your … [Read more...]

What Size Mortgage Can I Afford and How Can I Figure That Out?

What Size Mortgage Can I Afford

How big is “too big” when you’re thinking price tag on a new house? That’s the question that’s on everyone’s mind when they first go new-home shopping: What size mortgage can I afford? It’s a prudent thing to ask and sensible when it comes to your finances.  Part of the whole Great Recession in 2009 was an issue with home buyers taking on far too high of a mortgage value than they could afford.  (That and getting themselves into mortgage products that were probably not the most ideal for their situation). So to avoid another house buying implosion, a smart consumer will first take a look at their financial situation in the mirror and see what makes the most sense for their situation.  Here’s a few tips to help you decide how much … [Read more...]

Some Unconventional Thoughts on Investing for Your Retirement

Investing for Your Retirement

When I first started in financial planning, this would be back in the 1980’s, investing for your retirement was simple.  When you were young, the theory went, you dutifully started putting away a little bit of your salary each month.  The amount was as high a percentage of your income as you could manage.  It was supposed to be a sacrifice.  Give up something now to have something later. You invested in the stock market, of course.  Equity returns were the way to go and you had plenty of time to ride out cyclical fluctuations.  Your risk return profile indicated a higher acceptance of risk. You also bought a home.  This was more a place to live than a retirement investment.  Still, it increased your net worth. As you got older you … [Read more...]