Other Finance (Finance)
Wealthy Middle-Class Poor and the Differences in How They Handle Their Money - Mika Hamilton
Believe it or not, middle class people are bigger spendthrifts than their wealthy counterparts, spending more for cars, clothes boats and other big ticket items than the rich. Don't believe it? Well, it's true, according to Thomas J. Stanley, Ph. D. and William D. Danko, Ph. D., who wrote the... Submitted 4 years 23 days ago.
Building Financial Firewalls - Terry Mitchell
None of us can fully protect ourselves from all the possible bad things that could befall us. That's just a sad fact of life. However, we can build personal firewalls to greatly reduce the risk of being hit by some things and delay others for as long as possible. The risk of financial disaster... Submitted 4 years 70 days ago.
Compound Interest Calculation - The Secret Weapon Upon Which All Fortunes Are Built - Charles Hebert
I was always taught to listen closely to people who are much smarter than me. So when Albert Einstein, one of the greatest minds to ever walk planet Earth, is quoted as saying, The most powerful force in the universe is compound interest, I believe him. So what is compound interest, anyway?... Submitted 4 years 164 days ago.
The second quarter estimated tax payment is due in less than two weeks (June 15). Do you know if you need to make estimated tax payments? The federal income tax system is a pay-as-you-go tax system. That means you pay taxes as you earn income throughout the year. If you are an employee of a... Submitted 4 years 251 days ago.
Tipping Guidelines to Make You Look Like a Pro! - Oomo
So you know that when you go to a restaurant you're expected to tip at least 15% to 20%; but what about all of those other services you receive that also "suggest" tipping? Do you know how much you should really tip the skycap, the bellman, the concierge, the maid, and all of those other helpful... Submitted 4 years 270 days ago.
Crisis? What Mortgage Crisis? - Leo Quinn
As I write this there is a crisis in America in the sub-prime lending industry. A sub-prime loan happens when homebuyers with low credit ratings are offered mortgages with high interest rates. Advocates of sub-prime financing tout it as a way for low-income residents to own their first home. This... Submitted 4 years 298 days ago.
Family Limited Partnership-Abusive Tax-Free Wealth Transfer - Rocco Beatrice
Family limited partnerships, one such traditional limited partnership, have been over marketed as wealth transfer devises. Family limited partnerships are red flags for the Internal Revenue Service as abusive tax-free wealth transfers. Family partnerships have been widely propagated as the... Submitted 4 years 323 days ago.
Getting Educated About Inheriting an IRA From Your Parent - Karen Fusco
When my Dad passed away, the lawyers and accountants sorted through his estate determining who got what. I was one of the beneficiaries on his traditional IRA which was held in mutual funds and stocks. Once I took possession of the ‘beneficial' IRA, I got an education. My accountant told me that... Submitted 5 years 15 days ago.
Investing Locally vs. Nationally - Chris Anderson, PhD
You're driving down the street in your hometown when suddenly you see a goldmine sitting in front of you; it is a vacant house, with overgrown weeds and in need of some TLC. It's screaming "buy me cheap," and the wheels start spinning in your head about the 10 to 50 thousand dollars you can make... Submitted 5 years 115 days ago.
Extension of Short Leases on Central London Properties - Nigel Osgood
Facts • The shorter the remaining term of the lease, the more difficult it will be to sell the property or for potential buyers to raise the finance • Potential lenders usually require a minimum term of lease at outset of a mortgage facility and, also, require a 30+ years left on the lease at... Submitted 5 years 208 days ago.
Everything costs something, even money. The price of money is the interest paid. In the case of your “idle" funds (savings account, money market, CDs, savings bonds, etc.), you want to be paid for someone else using them. When you borrow money (mortgages, car loans, credit cards, etc.) the bank... Submitted 5 years 227 days ago.
Funding College Education Through IRA Early Withdrawals - Chip Dahlke
If you are looking for some education money for yourself or your spouse, or your children or your grandchildren, and you have not reached age 59½, consider a withdrawal from either your traditional IRA or your Roth IRA, without having to pay the 10% additional tax penalty on the withdrawal.... Submitted 5 years 234 days ago.
Where Should I Put My Savings? Different Types of Investment Accounts - Emma Snow
In the big world of investing, it seems we hear a lot about what securities to invest in, but not as much about what types of accounts to invest in. There are so many different types of investment accounts, each covering a different purpose, and new types of accounts seem to be created weekly.... Submitted 5 years 273 days ago.
Should the New Vantage Score be Considered Reliable? - Kimberly Kellish
Anyone who has monitored their credit report in the past will be aware of the difference that can be on each credit bureaus credit report versus FICO. They may even have the exact same information on all three credit bureaus credit report and have a wide range of credit scores. Now the three... Submitted 5 years 297 days ago.
Asset Protection—How to Avoid Losing Your Fortune to A Lame Lawsuit - Carlos Lee
Just about everyone is a potential target for a lawsuit these days. Here are just a few facts about the legal climate we live in today. Over 19 million lawsuits are filed in the U.S. each year. That’s one lawsuit every thirty seconds. The U.S. Submitted 5 years 299 days ago.
Instant Lottery Tickets - How To Make Money With Losing Lottery Tickets - Robert Benjamin
Buying and scratching instant lottery tickets is something that almost everyone has done at one time or another. For some folks it's probably something they do too often. I guess for me, the bad buying habit is junk food. If I had spent my extra money on instant lottery tickets over the... Submitted 5 years 331 days ago.
Five More Unusual Ways To Make Money - Steve Gillman
There are a lot of ways to make money if you have money. You don't have to turn to complicated businesses or ordinary ways like bank C.D.'s. And you don't even have to use your money. If you have credit cards, for example, you can get cash advances, and make money with the cash. These are ways... Submitted 5 years 346 days ago.
A Simple Real Estate Investment Plan To Make A Million Dollars or More! - Dave Schneider
Copyright 2006 David Schneider This is a very simple Real Estate Investment Plan that anyone can do. In fact, because it’s so simple most people won’t do it. There are only three simple steps. > > STEP 1. Go out and borrow one million dollars. > > STEP 2. Use the million dollars and buy one... Submitted 5 years 352 days ago.
Top 5 Overlooked Tax Deductions - kamckinley
Copyright 2006 Kristine McKinley How many times have you done your taxes, and a week or a month later realized you forgot a deduction? The tax law is very complicated, so it’s easy to miss a deduction or two. In my experience, these are the top 5 missed deductions. 1. Non-Cash Donations Did you... Submitted 5 years 361 days ago.
Credit Repair Myths Exposed - Jim Eastman
If you’ve done any searching on the Internet for information pertaining to “Credit Repair,” you’ve no doubt found that there’s a great deal available. Unfortunately, there’s also a lot of misinformation as well. Let’s take a look at some of the most common misstatements you’ll come across and... Submitted 6 years 23 days ago.
Can Forbearance Benefit You? - homebizguy
Forbearance means that a lender agrees to let you delay your payments to them for a short period of time. That doesn't mean the lender has forgiven the debt, but just allowed you to pay what you owe at a later date. Forbearance can be a good option to someone that is experiencing temporary... Submitted 6 years 73 days ago.
You are a Recent College Graduate, Have a Job and Now What? - Pete Glocker
Plan your financial future after college, through your twenties and beyond. By Pete Glocker DMCC Submitted 6 years 87 days ago.
- Daniel Nicolosi1. Reverse Mortgages never have a monthly mortgage payment! You cannot default on the loan, and your home can never be foreclosed on for any reason relating to your Reverse Mortgage. 2. The Reverse Mortgage is 100% federally regulated. The Department of Housing and Urban Development (HUD) and... Submitted 341 days 17 hours ago.
Banks Found Guilty Of Foreclosure Fraud – Part 2 - Sharyce Arciaga
As discussed in part 1 of this article, as a Result Of The Recent Investigation Launched By The Florida Attorney General’s Office, Bank Of America, GMAC Bank, JP Morgan Chase, and others, have all been found guilty of foreclosure fraud. Depositions by the banks employees revealed that... Submitted 1 year 1 day ago.
Money Management for Singles - Shayna Rattler
How to Beat Your Impulsive Streaks "The individual most accountable for your future financial welfare is the one you see in the mirror today." - Kemberly Wardlaw Singles have the advantage of having no one to tell them what to do and no one to mess up their plan. Sounds great, doesn't... Submitted 1 year 32 days ago.
