Personal Finance

Compound Interest Is Absolutely Critical To Growing Your Wealth – Here’s Why

Albert Einstein once said that compound interest is the eighth wonder of the world yet, sadly, many people do not fully understand the power behind it. If they did, they might make smarter financial choices and see their finances improve almost immediately. In this post, I’ll walk you through the basics of compound interest and show you why you need to start taking advantage of its amazing power.

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How To Stay Ahead Of The Game While Credit Scores Evolve

It seems that in order to live the American dream, you need to be super rich or gave a great credit score. Most people have ups and downs with their finances over their lives, however, and this can lead to a less-than-perfect credit score that can be difficult to fix. Many people speculate, though, that the way our credit is scored might be changing in the future so to be able to stay ahead of the credit game, we need to learn what the changes are going to be and how to keep up. Below are a few of the top predictions that most are making and how they can affect most people’s credit scores in their files.

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What Is the Key To Wealth: Saving & Investing, Hard Work Or Just Plain Luck?

What does it mean to be wealthy to you? For many Americans, it can mean being able to leading a life that is stress free, while having “peace of mind”. Sounds pretty good, right? On the surface, that doesn’t sound too much like money is the focus. However, it could also be said that that same money, or perhaps, a lack of it, can lead to a certain stress factor.

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How To Become A Stock Market Millionaire – Part 1: (The Plan)

Becoming a stock market millionaire is much easier than you think because if you take about an hour or two of your time now to create an investment strategy, you are 95% of the way to becoming a stock market millionaire. So what exactly do you need to know to become a stock market millionaire? I’ve outlined all the steps below to help you build your wealth in the stock market.

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Should You Buy A Home Instead Of Paying Rent?

There's a lot of pressure to buy a home instead of paying rent. While there are some very valid financial arguments for homeownership buying a home isn't the best choice for everyone so, in response to all those friends/acquaintances who say, "Why are you renting a home? You should be buying! Don't you know you're just throwing your money away?" here are 8 retorts for those house-shamers in your life.

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What You Need To Know About Your FICO Score

FICO scores are the most widely used credit scores in the U.S. According to myFICO.com, 90% of the top U.S. lenders access these scores to make important credit decisions. This article presents the 5 factors used to determine your FICO score and where (and at what cost) to get such information.

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8 Types Of Stock Fraud + How To Spot Scams & How To Avoid Them

Claims about guaranteed returns or “can’t miss” opportunities but opportunities that are too good to be true must pass the smell test and, most of the time, if you do your homework, they fail with flying colors. There are many different varieties of stock fraud to recognize, and they all have distinct characteristics that make them unique.

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