The prices of vehicles continue to skyrocket. Though the total amount may vary depending on where you live, data from Kelley Blue Book indicates that the average price of a new car or truck sold in the United States is $33,560. This is likely to increase by 2 percent or more in subsequent years. A four-year vehicle loan at this price with a 10 percent interest rate Read More
There is an unbroken connection between saving and investing. These days, a person can hardly talk about one and not the other. But functionally, there is a difference between the two, and as an individual with a prospect for great wealth, you should understand what that is for better financial planning.
The prices of vehicles continue to skyrocket. Though the total amount may vary depending on where you live, data from Kelley Blue Book indicates that the average price of a new car or truck sold in the United States is $33,560. This is likely to increase by 2 percent or more in subsequent years. A..
There is an unbroken connection between saving and investing. These days, a person can hardly talk about one and not the other. But functionally, there is a difference between the two, and as an individual with a prospect for great wealth, you should understand what that is for better financial planning.
If you’re not making enough money, you need to look no further than yourself. In this economy, the quickest way to more money is to maximize your earning potential, which is directly related to your productivity for a company. People pay you based on the value that they receive from you. So, it stands to..
You’re young, obsessed over the idea of becoming successful but feel stuck and don’t know what to do. It could be that you’re unemployed and having difficulty finding a decent job to get things moving in the right direction; you have a job paying minimum wage, but you’re barely making enough to pay the bills…
One of the simplest ways to avoid financial problems is to create a budget or cash flow plan, which is nothing more than mapping out your financial activities before they occur. It makes no difference if you make $30,000 or $300,000 a year. Putting the information on paper or spreadsheet allows you to see the..
If you’re in your twenties, I’m sure that you’ve heard about goal setting, which can cover an array of projects, including personal finance. But have ever set a goal to accomplish something? More importantly, do you know how to set a goal to achieve a specific mission? In this article, you will learn how to..
If you haven’t realized it yet, getting ahead financially is not easy. Earning a college degree, finding the right career, and working hard will not automatically make you wealthy; playing the slot machines at the casino will not do it; and inheriting a great deal of assets from parents or grandparents is less likely to..
These days, it seems that Americans put more value in their FICO score than their bank accounts. Companies such as Experian, Credit Karma, and others are influencing the masses into believing that a good credit score will always be there to provide the means for purchases, despite their inability to save money. But as important..
Saving money has been and will continue to be a challenge for a lot of people, partly because they feel there’s never enough of it to go around. Yet despite the barriers, some do it, though not always for the most important purpose, which is the intent to grow wealth and become financially independent. Instead,..
You have undoubtedly heard over the years that buying a house is a wise financial investment…the first sign of progress or moving up in the world. In some cases, you’ve seen people going through the home-buying process on television and wished you had the means to do the same. But if you’re in your twenties..
Tom Graneau (www.pennies2power.com) is a long-time financial management specialist and the author of Pennies To Power and Renters Win, Homeowners Lose.
