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Keeping your finances in order as a young single person can be difficult. You are young, wild and free! It is important to build strong habits early. This doesn’t mean you have to subsist on ramen for the rest of your life, but you do need a budget. Starting to think about your future now means you can rest easy as you get older. Here are some tips to gain financial security. Create a Budget Start by tracking your spending for a month. Write out a budget. Account for every dollar you make. You can do this by allocating certain percentages...

The stock market is a very volatile investment strategy which turns some people off. The markets can change in the blink of an eye and suddenly, you’ll find that the value of your investment has dropped significantly. This danger is turning people away from the stock market and instead, they’re deciding to keep their money in cash because it’s believed to be safer. But is that really true? While you might think that cash is the safest way to keep your money, but that view is often spread through these myths about cash. It Doesn’t...

Many people don’t see off-shore bank accounts as legitimate ways to store your money, but that’s not true. There are tons of reasons why this is a great choice for you to make, so be sure to keep reading and we’ll tell you why! It takes down on your political risk It’s been shown time and time again that the biggest risks that you face will not come from economic or financial forces. But rather, the biggest risk comes from your own government. More and more governments don’t know how to manage their banking systems to ensure...

Most of the financial missteps that people make all time can be avoided. And there are some that people make without even knowing that they’re bad for them and their finances. Well, it’s time all that changed. You can’t go on any longer without knowing what to do and what not to do when it comes to managing your money. If you’re going to keep your money balanced and ensure that you have a bright financial future, you need to understand the missteps that people often make unknowingly. Here are eight of the most common of them. Read...

We could all do with some financial help sometimes. Even when you think things are going well, something can take you by surprise and change your circumstances. If you’re struggling with money, or you expect that you’re about to, planning your next move can be difficult. You can often find ways to improve your financial situation, but you might be reluctant to take them. This might be a matter of pride for you, or perhaps you don’t want to feel indebted to anyone. Sometimes, you might just be unaware that help is available....

Image Source The idea of investing abroad is as scary and intimidating as it is exciting. Sure, there is a lot of money to be made if you choose correctly, but there are also a lot of pitfalls. It is these potential obstacles which put lots of people off moving their investments in-house to offshore. Well, that’s a mistake because there are plenty of positives and they mainly outweigh the negatives. If you’re still skeptical, below are the reasons why a foreign property is a winner. Experts That Bridge The Gap In the past, investors...

I think part of growing up for all of us is learning a lesson from the mistakes we make. Each of us have a few memories that we would give anything to go back and change. While these mistakes can happen in several different areas of our lives, the bad decisions which affect our credit often come with the biggest consequences. Between my last two years of college and the nine months after graduation that were spent looking for serious work, I had begun racking up a large amount of debt. What started as a loan or two with a small monthly...

Nowadays most people have at least a little debt to their names. Student loans, credit cards, bank overdrafts. Whatever type of debt you might have, it is easy to sweep payment reminders under the carpet and turn a blind eye to final notices. But things needn’t reach this point. Here are some easy ways to taking the first steps towards clearing your debt. Assess your Financial Situation The first step to resolving cash flow issues in your life is to assess your debt. Sit down and make a note of all of the money that you owe out. No...

Different types of Life Insurance allow you to gain a return off of your investment towards your untimely fate on this planet. Seems a little dark to be able to gain tax free benefits while trying to gauge when you are going to kick the bucket. However, if you are going to have to leave this planet; Then you might as well make some cold hard cash. Let us look at two of the better investments you can make towards life insurance and a positive return. Whole life and indexed universal life insurance are two life insurance policies that allow...

Saving money isn’t the easiest thing in the world – but there are ways you can make it easier on yourself to save money in your everyday life… Start Cooking From Fresh Prepackaged and pre-prepared food tend to be a lot more expensive than buying fresh food and cooking it yourself. Of course, homemade birthday cakes tend to end up being extremely expensive once you’ve bought all the ingredients, but sauces and meals are a lot more financially savvy to prepare yourself from scratch. They also end up being a lot healthier...