Thursday , 9 April 2020


Personal Finance

U.S. Consumer Debt Has Jumped To A Record High

Consumer debt – student loans, auto loans, and revolving credit such as credit cards and personal loans - but excluding housing-related debts such as mortgages and HELOCs – jumped...by 4.7% ($187B), to a record $4.2 trillion in the fourth quarter 2019.

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More Reasons You May Not Be A Millionaire – Yet (+3K Views)

Many people assume they aren't rich because they don't earn enough money. If I only earned a little more, I could save and invest better, they say. The problem with that theory is they were probably making exactly the same argument before their last several raises. Becoming a millionaire has less to do with how much you make, it's how you treat money in your daily life. The list of reasons you may not be rich doesn't end at 10. [Here are 10 more.] Words: 842

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10 Signs You Have A Bad Financial Advisor (+3K Views)

There are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients’ assets well, but on gathering assets under management in order to grow their own practices. How do you tell if you’re sitting across from either one of these types of bad advisors in an industry that lacks transparency? [Well, I have done just that with a list of 10 signs that you are working with a bad investment advisor.] Words: 1467

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Is It Time To Fire Your Financial Advisor? (+2K Views)

As more and more investor education and information is freely available online... investors now have an important choice to make. Should you go it alone, stick with your financial advisor, or fire him and find another, perhaps this time a fee-only planner? Words: 740

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These 10 Money Ideas Have the Power to Change Your Life (+9K Views)

Personal finance isn't nuclear physics - just spend less than you earn, save and invest the rest - but knowing what should be done and actually doing it, however, are two different things. Here are 10 money lessons I wish I had known when I was 20 which have the power to change your life if you are willing to embrace them. Words: 1340

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