Hundreds of new businesses are started every day and unfortunately more than half of them fail within their first two years. Sometimes the original concept was ill conceived or external factors such as a deteriorating economy can sink a new business.
Owning your own home has been part of the “American Dream” for years. Here are some financial issues to consider as you move toward that dream.
A solid credit history can be one of your most useful and powerful financial assets. A record of prudent credit use and prompt payments can enable you to not only qualify for credit when you need it, but it may also enable you to get a lower interest rate on your borrowing.
The internet is awash in expert online banking advice. Brian Krebs, a well-respected security expert, has published his list of the ten best practices for safe online banking. Below we provide our thoughts on some of the more interesting points, but it would be worth your time to consider all of them.
There are several ways to build a savings account. A popular one is the 52-week challenge. The way it works is you save $1 the first week, $2 the second week, $3 the third week, and so on for 52 weeks. We like this because it starts small to get you started. But, here’s a variation of that method.
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last.