Author Archives: Wayne

How to Improve Your Budget

Everyone who has been budgeting for a while knows that the perfect technique with budgeting isn’t developed over night. It’s more of a process than people often like to admit. Sure, budgeting may sound simple when we talk about it, but it’s much more complex. It’s not merely a step 1, step 2, and step 3. If budgeting were that simple, we’d all be set for retirement and not be struggling with money because that is what a perfect budget offers: flexibility to buy what you want and enough savings to live off of.Continue Reading

How to Home School Your Children on a Budget

Today, more and more families are pulling their children out of the public school system and teaching them at home. Studies show that home schooling gives more attention to the children, allowing them to learn more things faster. You’ll find a lot of early-start and home-schoolers graduating before they’re allowed to drive. A lot of parent’s think that home schooling is too expensive or requires a lot of their time, but if you strategize correctly, both of these issues are non-existent.Continue Reading

5 of the Best Financial Apps

In this digital age, there are apps for everything. This makes it easier to manage your schedule, finances, and more. Today, we are discussing five of the best financial apps.Continue Reading

Is silver worth investing in?

These days, raising a family is quite costly. It’s important for families to have diverse financial portfolios so that profits from their investments can act as a second source of income, on top of their monthly salaries. Thus, if their finances permit, young parents should consider trading silver if possible.Continue Reading

Home Renovations: When to Pull the Trigger

The time and cost you are willing to spend on a home renovation should be directly tied to the reason behind said renovation. If you want to spruce up your home because you plan on living there the rest of your life then it might make sense to put on an addition to the house. However, if you are thinking about selling your house in the next year or two and only want to make it more marketable then you need to be more mindful about the renovations you undertake. Sadly, there are many renovations that only return pennies on the dollar, and unless it’s a major deterrent to selling the house you never want to spend too much money on an upgrade. Even the best upgrades won’t return 100% of your money.Continue Reading

Fixed Rate Mortgages: Don’t Gamble with Your Home

I’ve never been much of a risk-taker, I tend to gravitate toward tried and true methods for improving my personal financial situation. I have an emergency fund that has a comfortable cushion of 12 months of savings built up. I invest both pre-tax and post-tax money in retirement funds and brokerage accounts, but I earn just a little more than the rate of inflation due to the mix of equities and bonds I employ. Lastly, rates are at record lows, and refinancing seems to be a great idea, but the question is what rate makes sense?Continue Reading

Property ROI: You Can Smell the Money

ROI, or Return on Investment, is the profit you make through any sort of investment. Investopedia describes ROI as a performance measure that is used to calculate the efficiency of an investment. It is also used as a way to compare one investment to another. Different types of investments can provide different levels of ROI; short-term and long-term have some of the largest differences, but buying commercial property versus residential property can have a major impact as well. When looking for investment opportunities that can provide the best ROI available, you’re going to need to do some legwork. Research is your friend when it comes to deciding which property will provide the best ROI you can get. When doing your research, following these tips can help in finding the best possible investment.Continue Reading

Macroeconomics: What Really Drives the Forex Market?

Forex markets aren’t like traditional financial markets. With traditional markets, the market is made up of hundreds, sometimes thousands, of private companies. These companies’ profits are, ultimately, what drives the pricing of the stock of each company and, in turn, the overall price of the market, collectively. But, in the forex market, the market is largely driven by traders, political and economic activities, and by central banking. It’s also driven by:Continue Reading

Investing On Your Own Terms

In the world of banking and investment opportunities there are many directions you can take depending on your personal goals and finances. Finding what best suits you and your investing goals is vital to gaining exponential growth in your numbers.Continue Reading

Money Saving Tips for Families

Ben Franklin understood that money saved is just as good as money earned. Families can expand the quality of their life by spending smart and choosing less expensive and often more satisfying options. Keep in mind that the more money you save, the less time you will have to spend at work. Continue Reading