Paying off debt is not easy. Trust me, I’ve been there. It can be especially hard if it’s credit card debt. Credit card debt can be crippling to you, and your wallet. It also makes it impossible to invest. Think about it, you’re paying 18-20% on credit card debt and you’re also going out and Read more.
Tax season is around the corner. This means you are probably starting to think about the best way to use your refund. We have already discussed five things that you should do with your tax return this season, but what should you not do? Once you get your refund, you may be tempted to spend Read more.
There’s a very easy way to tell the amount of time it will take to double your money and it’s called the Rule of 72. Getting a sense of how compound interest can potentially grow your portfolio is enough to light a fire under you and get you started saving as early as possible. I Read more.
With tax season around the corner, it’s a good idea to start thinking about what are you going to do when the federal government or the state government gives you back some money. For starters, there are some really bad things you can do with your tax refund and there are some really good things Read more.
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 Read more.
As an investor, you need a place to house your money and actually do your investing. That’s where choosing an investment vehicle comes into play. What an investment vehicle? An investment vehicle is simply the method by which you invest your assets and control your money. Phil Town Phil Town is an investment advisor, hedge Read more.
A 401(k) program can be a very important part of saving for retirement. Especially if the company you work for matches you money. Are there any drawbacks to putting your money in a 401(k)? There could be. The main thing to remember is to always be informed of where your money is going and if Read more.
This week on InvestED, we’re breaking down how to invest like the best investors in the world. We’ll cover value investing and how it has changed over the years. We will also share some of our tips on how to avoid becoming overwhelmed by investing. Phil & Danielle On the InvestED podcast, Phil and his Read more.
Frugality can be painful. There are too many articles telling people to take a short, cold shower or skip their Macchiato. I’m not going to tell you how skipping your Starbucks can save you money, because there are bigger and better ways to save while you sip on life’s little luxuries. Phil Town Phil Town Read more.
This week on InvestED, we’re talking about real estate investing and discussing the importance of viewing this type of investment as a business. We’ll share how to avoid common mistakes made by most real estate investors, and the ways you can make a real estate investment profitable. Phil & Danielle On the InvestED podcast, Phil Read more.