When you continue to rack up more debt and see no end in sight, it can be frustrating, upsetting, and stressful. You may worry about your future and may fear that you’ll never get to live the life that you have in mind. If you’re sick of being in debt and want to get help, you may be considering utilizing credit counseling services. These companies help so many people in different situations change their life for the better.…
Read More »The world felt shocked when the coronavirus pandemic yielded a global oil collapse. Among some investors, the decision to take a speculative chance on the energy market. Many prescribed to the theory the crashed oil prices would rebound, opening a “Buy low, sell high” opportunity. While that represents a common assumption, no one knows what will happen with oil prices. Investments focused on the oil market remain speculative. Can the “…
Read More »Whether you’re experiencing a temporary income reduction due to a leave of absence from work or you feel like your income has permanently decreased, you can still take steps to efficiently manage your wealth. It’s possible to continue to build and manage your wealth even with a lower income. Keep reading to learn a few tips for superb wealth management after a reduction in your income. 1. Redetermine Your Eligibility for Contributing to Certain Accounts…
Read More »Building a business takes a lot of time, money, and work. It also requires a lot of skills. While you can learn many skills on your own and grow individually alongside your brand, some skills are better to leave to the pros. If you’re struggling with your business financials, you may be wondering if you need to hire a business accountant. Keep reading to better decide if it’s time for your business to hire an accountant: …
Read More »Most people can agree that planning for their financial future is a must. But, some may wonder if it’s really necessary to hire a financial advisor or if they can take care of their needs all on their own. While it’s possible to handle your finances on your own, financial advisors have industry experience and knowledge. They can help you save and earn more money over the years with proper investing and financial choices.…
Read More »A broker-dealer is something in the financial industry that sounds odd but actually is fairly common. You’ll see everything from an individually-run boutique firm that caters to the ultra-wealthy, to a national broker-dealer consultant company that has an online trading system. Understandably, that can leave potential customers feeling a tad confused. It can be helpful to learn a bit about the responsibilities of a broker-dealer so you can decide whether working with one is right for you.…
Read More »If financial planning simply isn’t your thing, you might have wondered what a DST 1031 property is. DST stands for Delaware Statutory Trust. This investment trust has at least one property, and those who invest in the DST can have some ownership of it. Each person may own a small fraction of the property involved. Read on to learn more about DST 1031 properties. What Properties Are Held in DSTs?…
Read More »The goal is to plan for retirement as soon as you begin your career, but unfortunately, life doesn’t always allow room for this scenario. If you’ve been forced to start planning for your retirement in your 50s, you are behind the curve, but you do have an opportunity for success. 1. Fortify Your Place in the Workforce Now is not the time to lose or quit your job. Since you have gotten such a late start with retirement planning, you need to do everything you can to retain or maximize your income so that you can save and invest.…
Read More »Your credit report plays a big factor in many areas of your life. If you hope to get a loan for a home, car, school, or any other reason, your credit score and your credit history will be examined. If you have poor credit or have made bad decisions in the past, it can make life more challenging for you. The good news is credit repair services exist to help people in your situation.…
Read More »It’s important to start planning for your retirement as early as possible. However, if your employer doesn’t offer you a 401(k) or SEP IRA to help jumpstart your retirement, you may be wondering what you should be doing. You do have the option to contribute to an IRA on your own, with there being two types of IRAs to pick from. Here is what you should know about deciding between a Roth IRA and a traditional IRA.…
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