Rule #1 Finance Blog
financial control
5 Step Money Challenge to Prepare for 2020
It’s important that before you actually start investing on your own, that you get your financial house in order. Many people don’t track their spending and many of us haven’t started saving for retirement. There’s always room for improvement when it comes to what we’re doing with our money, which is why I want to give you a financial challenge… Read more.
InvestED: The Rule #1 Podcast Hits 7 Million Listens!
From stock market basics, to learning how to invest money on your own, to your weekly dose of real-time news, investing tips, and insights… InvestED has covered it all over the past few years. Read more.
Is Your “Side Hustle” Really Making You Money?
Picking up a “side hustle”–a part-time something to earn a little extra money outside of your day job–is becoming all the rage right now. Many people including influencers and self-help gurus talk about side-hustles as a way to make more money, while working even more. Read more.
What Really Causes Recessions?
There’s a lot of speculation that another recession is on the horizon.
You may ask…
Are these speculations true?
Will my family be affected?
What will happen to my stocks and my money? Read more.
5 Financial Regrets (And How to Avoid Them)
Many times in life, regret is unavoidable. When it comes to financial regret though, you really try to avoid it as much as possible.
Regret over money is just the worst… Read more.
Saving $10,000 in a year may seem like a pretty hefty goal, but it’s a lot easier than it sounds…
I’m not talking about saving pennies through couponing, skipping your lattes, or eating ramen every night either. Read more.
4 Bad Investments for the Middle-Class to Avoid
Over 120 million Americans fall into the middle-class.
The American middle class was once thought of as the backbone of the national economy and while the people who make up the middle class are still just as hardworking as ever, some of the things that we thought we’d have – like retirement, a house, a debt-free lifestyle – just aren’t there anymore. Read more.
Investment Risk vs Investment Reward
Does taking more risk when you invest actually yield more rewards? Risk and reward are the yin and yang of investing. Both are always present, though it is certainly possible to reduce your investment risk and increase your reward if you follow the right investing strategy.
Before you can go about reducing risk and increasing reward, though, you first must understand what the risks and rewards are – and what you can do to alter them. Read more.
Understanding The Pros and Cons of Credit Cards
The average United States household now carries more than $16,000 in credit card debt.
Can you relate? Read more.
Start Early With These 5 Tips for Investing in Your 20s
When it comes to investing, the earlier you start the better. Compound interest will help grow your money exponentially, meaning that if you start investing in your 20s, rather than later in life, you can end up with many times the amount you saved as a young person. When it’s time to retire, you will find that a few hundred dollars invested at age 20 has grown into a valuable asset.
If you are in your 20s and want to get a head start on investing, here are a few tips to help you out.