Timing the Market – Should You Ever Do it?

Timing the Market – Should You Ever Do it?

Timing the market is a controversial idea in the world of finance, particularly in the world of financial planning. On one hand it offers the opportunity for higher returns than the market, on the other it brings about the risk of lagging the market should you fail. At the most basic level, everyone times the market. Finance is all about how money moves through time. If you invest today, you think that there is a good chance that the market will be worth more at some time in the future, a time when you need the money for retirement, college expenses, or major purchases like a home.Continue Reading

3 Marketable Skills that are Easy to Learn

3 Marketable Skills that are Easy to Learn

Getting a job can be quite difficult these days. My organization is currently hiring a new person and in the matter of one week, we’ve received over 50 applicants for this new position. To say that the job market is competitive would be an understatement. Learning new skills is there not only important to help you stand out, but essential.Continue Reading

How to Eat Cheap and Healthy

How to Eat Cheap and Healthy

I’ve been off the post-collegiate fast food diet (mostly) for a couple of years now. I used to think that I was saving money from my frequent trips to Wendy’s and Taco Bell. Usually my meal would only cost $3 or $4 because I ordered off the dollar menu. Sure this wasn’t healthy, I knew that. But turns out it wasn’t cheap either.Continue Reading

Frugal Fun With Friends

Frugal Fun With Friends

Going out with friend’s costs money, a lot of money. If you just factor in dinner and drinks you are looking at close to $100 per person. How can you still go out and have fun with your friends without breaking the bank? Here are 4 frugally fun tips when spending time with friends.Continue Reading

The Most Accurate Way to Calculate How Much House You Can Afford

The Most Accurate Way to Calculate How Much House You Can Afford

If you are buying your first home, you have to be careful about buying too big of a house. Buying too much house is not only common these days, but also disastrous for your finances. Financial experts know and understand this reality – and in an effort to help, they’ve come up with simple calculations to determine how much house you can afford. Let’s take a look at these calculations, before I offer my own solution.Continue Reading

Best Way to Track Your Net Worth

Best Way to Track Your Net Worth

I USED to think that tracking your net worth was for rich people. It was just something that older people did, or even people who were older and closer to retirement. I thought it was just one of those things that people with a large net worth used to brag. My opinion changed when I started to understand what a net worth measures that other things do not. I started to track my net worth, but my process has improved over the years. Find out how to track your net worth efficiently.Continue Reading

I’ve Been Turned Down for Life Insurance. Now What?

I’ve Been Turned Down for Life Insurance. Now What?

There are many reasons a person can be turned down for a life insurance policy, and not all of them are related to health. Of course, various health conditions as well as a history of drug or alcohol abuse can be factors that can lead to a rejected application. But life insurance companies also look at an applicant’s finances and background, too.Continue Reading