Living for today - Planning for Tomorrow
Over the past year and a half I’ve been working on increasing my financial stability. I’m happy with where I’m at but I still feel like I could be doing a little more. I find that sharing my financial goals and progress keeps me more accountable. Here is how I’ve been increasing my financial stability one step at a time. Pick Up Extra Jobs While
One aspect of personal finance that I haven’t studied much is taxes. Specifically how to pay as little taxes as possible, better known as tax avoidance. I decided that it was time to change this so I recently read a book about outsmarting the system, written by a former IRS agent who’d performed hundreds of income tax audits. While the book was a short read it
My latest finding among foreclosures in the area is a house listed for $12,000. While it’s not uncommon for foreclosed homes in my area to go for extremely low amounts (decent homes in the $20k – $30k range) homes are usually quite a bit more than $12,000. But I did recently see a much nicer and larger house in a similar area go for $14,000.
It’s not quite spring yet but I feel like I’ve already caught the spring cleaning bug. I’ve tackled my closet getting rid of almost half my clothes. I’ve went through old magazines and paperwork and pitched almost everything. And, now I’m about to start on the toys…. I wouldn’t say I’m a minimalist but I definitely hate clutter. When the house is a mess I
So, as you may know I got a little itch to take some of my money and buy individual stocks. While my picks have widely fluctuated I can’t help but want to put even more of my savings in stocks. This is kind of weird because as of today I’m down about 10 percent. Still. I’m finding it hard to resist the urge. So, before
A couple weeks ago my aunt, who I’m very close with, went to California to visit with a family member. She called me during her trip excited about all of the information she was learning about choosing individual stocks. The family member that she visited is retired and buys and sells individual stocks as a hobby. And, apparently she does pretty well. My aunt got
If you’ve ever thought of purchasing a foreclosed home in your area then you know that you have to jump through hoops to find free listings. When I first took an interest in real estate I thought foreclosed homes would be my ticket to making money. The problem though, was that every time I performed an internet search for foreclosed homes in my area I
Do you want to make money online? Do you want it to be passive income? If you said yes, you’re in luck. We’ve already went over five offline passive income ideas but there are also quite a few ways that you can earn passive income online. However, I cannot stress enough that earning online doesn’t start out passively. It takes a lot of initial work
Passive income. Desired by everyone, achieved by few. When I first started blogging I had this preconceived notion that what I was doing was going to eventually be a form of passive income. Boy was I wrong! Since then I have performed tons of research on ways to actually generate passive income. What I discovered is that to earn significant passive income you need to
After reading The Neatest Little Guide to Stock Market Investing by Jason Kelly I’ve concluded that the two main types of investing are value investing and growth investing. While both of these investment strategies are different they can both work well. Growth investors purchase stocks while the companies are experiencing exponential growth. Value investors also choose stocks they hope to rise, but they look for
