Keeping your money in investment accounts is the key for long-term planning. The stock market will go up and it will go down. If stocks drop at least 10% but less than 20% this called a market correction. When investment accounts decline 20% or more, this is called a full-on bear market. The stock market will…
The main five numbers you need to know are: Monthly Income Monthly Expenses Net Worth Debt- to-Income Ration Invested income When you know these numbers, you know money. Many people go to work each day and don’t have a clue as to what they earn month;y. Do you know your gross monthly income and your…
Here are some wise money moves for you to make: Tithe and donate money to others. God will provide for your needs. Make sure you get a will and a living revocable trust done before the year is out. Make sure you get a good term-life insurance policy. If you have universal, whole life, or…
There are some financial things you should never do. They are: You should never co-sign a loan, not even for a relative or a best friend. You should never live above your means. You should never spend more than you make. You should never use credit cards to cover your shortfalls. You should never carry…
What do I mean by the question, “Are you living for today?” It’s quite simple really. What I am asking is if you are living only in the present financially and forgetting about your financial future. You simply cannot afford to ignore your future. Don’t make financial decisions today that will affect your tomorrows. Let’s…
Do you know the difference between short-term gains vs long-terms gains? A short-term gain means that you purchased and sold the stock within one year. A long-term gain means you bought the stock and held it for more than a year before selling it. Let’s say that in March 2010 you bought 100 shares of…
How many of you wish you were rich? Do you wish you didn’t have to worry about money? Are you intrigued or worse yet seduced by those ads that promise you to show you how to get rich quickly? This ads promise to send free information about how to get rich quick. Have you requested…
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
