Friday , 29 March 2024

Personal Finance

Founding Fathers’ Financial Advice Stand the Test of Time

To help you in your personal finances, consider what 6 of the founders of the United States of America - Benjamin Franklin, Thomas Jefferson, Alexander Hamilton, John Hancock, John Adams and George Washington had to say on the subject. They definitely stand the test of time.

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Recessions: It’s All About Weathering the Storm – Here’s How

Inflation is at a 40-year high, with gas prices hitting $5 a gallon and everyday purchases becoming more and more expensive. Interest rates are rising. The stock market is taking us on a rollercoaster ride right now, terrifying drops included. Crypto is crashing, too. Some economists are saying the U.S. could soon be in a recession, if it isn’t already. I’m not sure about you, but it’s making me a little anxious.

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Universal Basic Income: Common Myths Debunked

One of the proposed solutions to the unprecedented economic crisis that has gripped most of the globe in the last 2 years is a universal guaranteed basic income program - a “minimum living stipend” in which a person need not necessarily be unemployed to receive the benefit. There are those that say that such a program would be an unfair, complicated, and costly way to eliminate poverty but we challenge those assertions. 

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The 8 Best-selling Financial Books Of All Time

If you’re like most people, you’re always looking for ways to improve your financial literacy and, whether you’re trying to get a better understanding of personal finance or seeking strategies for growing your business, there’s no shortage of great financial books to choose from.

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Reverse Mortgages: 20 Things You Need To Know

Get a large wad of cash! Never make a mortgage payment again! Stay in your home as long as you want! Sounds like a great deal, right? Well, for some older homeowners, a reverse mortgage can be.  For others, it's more perilous than promising. If you’re considering a reverse mortgage, there’s a lot you need to know before signing on the dotted line.  Here’s 10 things you need to know about reverse mortgages. 

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6 “Retirement Killers” To Avoid For A Stress-free Old Age

...According to the Employee Benefit Research Institute’s 2020 Retirement Confidence Survey, 61% of respondents said that preparing for retirement made them feel stressed. [If that is you then planning for retirement will be much easier if you avoid the following 6 "retirement killers".]

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Here’s How to Store Your Precious Metals

If you want to protect your finances from economic instability or just need to shore up your investment portfolio with a time-honored hedge against inflation, buying precious metals could be for you. But you can’t just stuff your gold and silver bullion under your mattress. No, you need to store your precious metals safely, here are some options.

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Wealth: Don’t Get Discouraged (Chapter 1)

Wealth provides independence and security. For our purposes, wealth is a relative thing; something you define, in reasonable terms, for your situation. I approach wealth in terms you can understand and achieve. Words: 572

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