How Many Bank Accounts Should I Have?

How Many Bank Accounts Should I Have

How many bank accounts should I have? A question many of us ask ourselves. You can’t answer the question though until you know the types of accounts available, their uses, and which ones fit your goals and needs.

Money Mistakes: Bad Real Estate Deal

Money Mistake Bad Real Estate Deal

We all make money mistakes, even us “pros”. The important part is to learn from our own mistakes and those of others. Read on to learn about the latest blogger to reveal their mistake.

Learning to Tell the Difference Between Wants and Needs

Wants and Needs

Learning how to tell the difference between your wants and needs will help you see through the consumeristic culture and mass marketing campaigns that are desperately trying to separate you from your hard-earned dollars. It will help you become more mindful about your spending, which will help you live a richer life.

10 Best Gig Worker Jobs To Make Extra Money in Your Spare Time

Best Gig Worker Jobs

The diversity of gig worker jobs is enormous – ranging from side hustling a few hours a week to a full-time independent contracting career.

So how can you benefit from the gig economy, and what are the best jobs available to gig workers today?

In this post, we’ll dive into the details to find the best-paying gig worker jobs and help you decide which one would be the best fit for you.

Common Mistakes People Make When Hiring a Financial Advisor

Hiring a Financial Advisor

ost of us seek professional advice and direction when making major life financial decisions in order to make informed judgments that match our unique objectives and needs. That is exactly what expert financial advisors are for. Industry research shows that people who work with a financial advisor feel more at peace about their finances and may have around 1.5 – 3% more money to spend in retirement.

How Old Money is Different than New Money

Old Money

In society, we often see the rich, the wealthy, and those that look like celebrities. These people go around and flaunt their money. That is what we perceive from specific individuals. Many rich people do not flaunt this money. They are part of the older side of wealth.

How Many Credit Cards Should I Have? 5 Things to Consider

How Many Credit Cards Should I Have

Plastic is king and quickly replacing cash in most daily transactions. This shift in the mode through which Americans transact begs the question: How many credit cards should I have? The short answer is that it depends. The long answer is

“Buy the Dip”: Awesome Investment Strategy or Sure Loser?

Buy the Dip

Generally speaking, to “buy the dip” is to buy an asset after its price has dropped or is on a downward trend, expecting a reversal of price. This is founded on the belief that the “dip” is temporary and that soon the asset (normally stock prices) will bounce back up to its original price. It’s kind of like a sort of price arbitrage.

In theory, you can “buy the dip” with any asset class including real estate, gold, and commodities. In reality, though, it’s only really executable on one kind of asset: stocks. No other type of asset gives you such accurate real-time data and allows you to make trades fast enough (can you imagine trying to figure out the price of a property every day, waiting for a drop one day, and then executing the buying process that exact day while the price is still low before the market becomes bullish again).