Most Popular Personal Finance Posts of 2016
Money management is not an easy task, but we do our best to help you with it. Here are some of our best personal finance guides, tutorials, and explanations of 2016.
Things that cost more when you’re poor
Spend less than you earn, save money and – phew! – Your financial problems are solved. If only it were that easy. Being broke sucks in and of itself, and there are obstacles that make it very difficult for poor people to make their way to financial security. For example, here are some expenses that actually cost the poor more.
The best time to shop throughout the year
A little planning can save you tons of money when it comes to buying throughout the year. Here’s your comprehensive, always up-to-date guide on when is the best time to buy everything this year.
Why the buying and renting debate is completely meaningless
After a lot of savings, I recently bought a house, which took some of my friends by surprise. “I thought you are acting against homeownership,” – they said, because I believe that the rent is underestimated . Even as a homeowner, I still think the rent is undervalued. This does not mean that buying is a bad decision. The disputes between rent and purchase in general are just silly. He ignores the huge gray area that exists between the two options.
Six Essential Facts About Personal Finance: People Are Constantly Wrong
Quite often, the “facts” that people advertise when it comes to personal finance are not facts at all. Sometimes they are simply authoritative opinions based on incorrect information or assumptions. Is it any wonder when such confusion arises, when many financial principles contradict intuition?
This table shows how long it will take to retire, depending on your spending
For some of us, retirement is pretty distant . And it’s better to set smaller milestones for your savings now than focus on the large lump sum you’ll need to retire. However, it’s also interesting to look at the numbers, and this early retirement table shows how long it will take.
Cheap clothes are too expensive: buy quality clothes
Quality clothes last longer for the money you spend, are more comfortable and make you look and feel good while you wear them. Best of all, quality can be found anywhere. It all boils down to buying less mediocre things and spending that money on a few nice things that will last forever.
Money saving habits I gave up because they waste my time
It’s probably safe to assume that no one has ever received rich clipping coupons. However, this does not mean that saving money is a waste of time. Some money saving habits are good and will save you tons of money in the long run . Others just aren’t worth it. Here are some specific habits I’ve given up because they aren’t worth my time and energy (or yours).
The most common money schemes people still fall into
They say that a goof is born every minute, but dubious companies can convince you that you are a genius and not a goof by giving them your money. Many of these organizations prey on people looking to improve their finances, adding insult to injury. You know to stay away from fake IRS collectors and Nigerian princes, but there are a few less obvious, perfectly legal scams that people fall for all the time.
Money Transfer Confrontation: Square Cash vs. Venmo vs. PayPal
With peer-to-peer payment services like Square Cash, Venmo, and PayPal, you no longer have to carry cash with you. With these mobile apps, distributing checks, returning money to friends, and lending money to family members is as easy as the touch of a finger. Let’s take a look at them and decide which one is superior to the others.
These apps are the perfect money saving tool for lazy people like me
I am terrible at saving money, hate studying personal finance, and tend to have a carpe diem mentality when it comes to buying the things I want. Fortunately, several automated savings apps have allowed me to hold my money harder by doing most of the hard stuff for me.
How to overcome fear of negotiation and ask for more
My uncle Danny once helped me buy a new Corolla while I watched in awe. He was a ruthless bargaining beast. He threatened. He acted offended. He sat in silence and looked at the seller. In the end, I paid almost $ 5,000 less than I expected. Negotiation is a powerful tool. As a timid person, this is not easy for me, and it may not be easy for you. Here are some of the best ways to do it, even if you’re afraid of it.
Feeling poor doesn’t stop when you make money
Ever since the day I got my first job as a trolley pusher at Walmart, I’ve lived from paycheck to paycheck for years. I hovered around the poverty line, hoping to hold out until next month’s rent. It seemed normal at the time. It was only after I started making more money that I realized the psychological scars that poor life had left on me.