Complex money issues? Make it easy with Iban Wallet

No one is a stranger to financial challenges and problems. They tend to happen with people in different degrees and at separate points in time for that matter. We can unanimously agree that we need money to achieve many of our goals but also for financial independence at the same time. When we refer to financial independence, it means that a person reaches a phase in life where money can work for … [Read more...]

Six Tips for Financing Investment Property

Investing in rental properties can be both profitable and worthwhile when done right. In today’s market, a rental property can provide a consistent cash flow now and serve as a valuable long-term investment down the road.  However, deciding to take the leap and buy a rental property is just the beginning. Novice real estate investors may be surprised to learn that many mortgage programs they are … [Read more...]

Price Action with Binary Options

Price action is used in binary options to trade with current price behavior while placing less emphasis on past prices. You save more time using price action and see more trading opportunities There are hundreds of trading strategies available that advertise their performance, how accurate their market readings are and what you should do to get your hands on them. Yet, time and time again, the one … [Read more...]

How to Select Good Tenants

How to select good tenants? If you ever thought about investing in real estate, renting out your home or a room in your home, you should read this!  Earning money from income property can make you rich or cause you a lot of problems!  Late rent, bothering other tenants, destroying property in their unit and elsewhere are just some of the problems you can avoid! So take it seriously! Details, … [Read more...]

Recovering from a Massive Trading Loss

The most important element of successful trading is the ability to manage risk and maintain composure. Even the best traders in the world lose on a regular basis.  Success in trading therefore is not about avoiding losses.  In contrast, we must embrace the process of losing and learn to lose gracefully.  The best traders are also the best losers.  We learn that losing is simply a part of trading … [Read more...]

Thinking of Buying a Rental Property in a College Town? Do Your Research First

If you have kids in college, or kids about to go away to college and you’ve looked at the price of on-campus housing these days, you may have thought to yourself, “boy that’s expensive.” Then, the investment side of your brain kicks in and you start to wonder about the potential return on buying a house near the college and renting it out to your daughter and five of her friends. If you’ve mulled … [Read more...]

4 Ways to Make Money through Online Marketing and Save It

You can find several ways to make money online. One of the best ways to make money online is through online marketing. Below are some ways that you could make money through online marketing. Do affiliate marketing Affiliate marketing involves marketing and promoting other peoples products in order to earn a small commission on the sale of products that you manage to direct people to buy. You can … [Read more...]

10 Things You Don’t Know about Money

You use money every day, yet you know very little about how to use it effectively! It should be no surprise that rich successful people spent the time and effort to learn about money. They do this without the benefit of a formal class or education. How do they do it? Simply said, they make an effort to learn about money. Here are 10 things you don’t know about money Credit cards are not evil … [Read more...]

Teaching Financial Literacy to Kids

Since this is National Financial Literacy Month, I thought I would start with a definition.  “Financial Literacy is the ability to make informed judgments and effective decisions regarding the use and management of money”.  Too many Americans are insufficiently educated about their personal finances.Why is it important and when should you learn it? Financial Literacy is a basic skill that is … [Read more...]

What’s your Retirement IQ?

What is your retirement IQ? IQ is short for intelligence quotient! IQ testing was popular for many years because it was a way of assessing your intelligence and potential. Unfortunately, it also measured parental social status. It was used as a predictor of educational achievement, job performance, income and special needs. Saving for retirement does not take a high IQ or even much money. How is … [Read more...]

What You Can Learn from Kids

I love to watch kids play!  They are so willing to take chances and push boundaries.  It is fascinating to watch how they seem to discover a toy or something for the first time.  Have you ever watched a child interact with a dog?  They will pet the dog and laugh.  Then it goes further until the dog signals he/she has had enough.  Children are naturally curious! Children are great sales people! If … [Read more...]

Never Pay Full Price for Anything

Who pays full price for a car?  No one!  Yet there are stories of people paying over list price for high demand vehicles such as Toyota Prius.  Do you negotiate prices in every purchase?  Of course not, that would be too much trouble.  So when would it be worth it?  There are two (2) categories of purchases that would be worth negotiating a better price.  The first is a large purchase such as … [Read more...]

Budgets and Diets Are a Waste of Time!

Budgets and diets are a waste of time! Most, if not all personal finance (PF) bloggers are probably surprised I would say that. A budget or diet is not the answer for overspending or overeating. If these things worked for everyone, there would be no debt or overweight people. A budget or diet is intended to help us reach a financial or personal goal. Do budgets or diets even work? I spent my … [Read more...]