Personal Finance

Your mom hates this blog shares discount and financial tips in personal finance category. Coupons, saving money tips, resume and cover letter templates will be here.

Tips on Setting up Asset Allocation Plan

Tips on Setting up Asset Allocation Plan

Asset allocation is very pivotal for every investor. It is the most important thing an investor must do in order to make the most of his investment. Are you ready to get started investing? Below are some asset allocation tips you need to leverage.

The importance of time

Time is of immense importance in investment. It determines what type of investment you ought to venture into. If you still have great number of years before retirement, you need to investment a greater percentage of your assets into the stock market in order to reap momentous compounded sum at the end of the day.  (more…)

How to Shield Your Finances against Disaster

How to Shield Your Finances against Disaster

Virtually everyone knows the importance of keeping a well-organized budget and of course many people want to do just that but they hardly get it done. The reason is that it is not really easy to keep check of your income and expenses when it comes to budgeting. Balancing checkbooks alone takes much time not to talk of balancing purchases.

Today, it is easy to track expenses with software products and electronic banking and finance. Prior to the amazing evolution of technology in this area, people had to keep lots of receipts and compare them to each other on a regular basis to be able to track their expenses. Software programs and tracking websites like Quicken and Mint respectively, you can easily do these tasks with your computer. (more…)

How to Find an Appropriate Financial Advisor

How to Find an Appropriate Financial Advisor

It is possible to manage your finances when you know how to create a financial plan and are eager to follow the plan. However, in most cases, you may not have the time to do all that or even when you do have the time; the situation may be so complicated that you will need the help of finance professional. You need to know what to look out for and what to avoid in order making sure that you are hiring the right financial professional.

You Need to Understand You’re Needs

It is important to understand what you want from a financial planner before getting out there in search for one. You need to ask yourself a few questions to ascertain what you need. Is it a comprehensive planning advice that you need or is it the review on your retirement portfolio? Do you need to plan your business finances? (more…)

Excuses You Need to Stop Giving to Get a job

Excuses You Need to Stop Giving to Get a job

Failure in job search can be classified into two categories and these include: mistakes and excuses. In view of this, I have titled my book “Cut the Crap, Get a Job”. Many job seekers give lots of excuses which are actually robbing them the opportunity to get a job. There are lots of excuses given by job seekers but I have listed just a few of them below.

–          “There are no jobs available in my field”

Funnily, before some people even start looking for jobs, they assume that there are no jobs in their fields. Such folks are often taken aback when you point out some places they should go looking for jobs in their fields. You could be making your job search too narrow if you are thinking this way.  (more…)

Developing a Good Budget Should not be Difficult

Developing a Good Budget Should not be Difficult

Lots of people think that following a good budget plan implies being stingy and also constantly calculating and documenting lots of numbers. This is close to what a budget is but it does not completely define it. A budget is formed and developed with a strong financial foundation no matter the situation at hand. It will interest you to note that it is not a difficult process contrary to what many people think.

What is a budget?

A budget can be defined as an analysis or itemization and plan with regards to the amount of money coming in to your purse and where they are channeled into. No business can ever succeed if the income and expenses are not tracked. In the same way, to make success in personal finances, you should be able to track your income and expenditures. You need to know the exact place your money comes in from and where it all goes in order to achieve financial success else it will be difficult to achieve.  (more…)

Determining Your Financial Personality

Determining Your Financial Personality

It becomes easier to make more money when you have a perfect understanding of your money temperament. For lots of people, financial decisions constitute emotions and prejudiced desires; they are not only about the dollar or cent. Tope Ganiyah Fajingbesi, a certified public accountant based in Baltimore, Maryland, said that you may be able to make better financial decisions by analyzing your attitudes about saving and spending. She analyzed these attitudes, grouping them into five financial personality types and to make it easily understandable; she assigned a color to each of them. (more…)