During these hard economic times, it is not unusual to be in a situation where you are having a hard time handling your mortgage payment. As a matter of fact, there are a lot of people who are either thinking of having a foreclosure or filing for bankruptcy. Since these are commonly the last options available, you should not make it your last hope. There is still the Federal Loan Modification program which you can apply for. But before you begin...more
Saving money may be challenging for you for a variety of reasons. Why do you think that it is more important than ever before to save money?Take a look around you folks. It's no secret that the US economy as well as other global economies have been a state of unpredictability for a year or more. The 4th quarter stock market crash of 2008 is more than evidence of that. Not to mention the fact that the auto and finance industries have been in...more
Anybody who begins forex currency exchange trading hopes to make money. That is why we do it. But the unfortunate fact is that the majority of new traders and some experienced traders see their FX trading funds dwindle and vanish. Why? Because forex trading is risky, and they did not observe the three golden rules of forex currency exchange trading, which are:Rule 1: Lower Your RiskA lot of the advice that you see online will tell you to keep your risk down to a maximum of 5% per trade. What they do not tell you is that with many systems, depending on the profit targets,this is still extremely risky.When you first start out you may have a small account balance and you may be willing to take bigger risks with it in the hope of making it grow fast. For example, if your balance is under $1,000. In that situation 5% may be OK. However, be aware that you could easily lose it all if things go wrong. It is far better to be cautious and grow your trading bank over time like a good wine or cheese and mature it slowly.If your account balance is larger than $1,000, it will become even more important to you to protect it, so you should lower the risked investment on each trade. There is always...more
Many Americans are worrying about their credit card debt, especially now that the economy is not producing jobs. The average US family has a $7 thousand dollar balance on their cards, and a $16,000 debt load if we do not count the home loan.In recent times, most of us have seen our interest rates increase too. Higher interest rates cause a couple...more
Here are ten tips on how to adjust to a debt free lifestyle. If you follow these tips you will be on your way to living debt free.Tip 1 - No excuses. It's always easy to make excuses for why credit cards are necessary "I like to buy things online." "Carrying cash is cumbersome," etc. However, if you are going to really life debt free, you need...more
The advent of the internet has given rise to many opportunities for people to make money. Electronic commerce is a late 20th century concept wherein people can literally transact business through the use of computers and the internet. It has allowed small companies to compete with big companies in a market that is not bound by location or by time zones. It has benefitted consumers as well by enabling them to source very specific products at the best price available to them. Small enterprises can peddle their products and have them purchased through the web. Furthermore, these companies can get feedback from their consumers enabling these vendors to further improve their services. This is important as these companies become more competitive by adapting to the needs of their consumers.The stock market industry has even benefitted from them as companies have now enabled their customers to avail of their services by making the information about the market available to them 24/7. By giving the customers the necessary information right at their fingertips, they enable the customers to make their choice of investments. Gone are the days when the customer only relies on the urging of the...more
Your kids are headed towards college. How will you pay for it all? You're losing sleep over that question. You're not rich by any stretch of the imagination, but you think you have far too much money to qualify for financial aid. Here's a tip: ...more
What are the advantages of retirement annuities?We buy lots of types of insurance over the course of our lives. We buy insurance policies for houses, autos, etc. Annuities, actually insurance company products, are used to make sure we do not live...more
Surprisingly, US Real Estate Legislation is not as troublesome to deal with as it is with other countries. The US government has not much of a barrier for foreign investors interested in US real estate which makes it safe to assume they are...more
For pet lovers out there who consider their pets as part of family, there's no worry anymore when you take your pet out on the park. You can breathe fresh air, exercise or just take in the scenery while your pet luxuriously goes into the comfort of...more
It is an obvious fact that your life will be changed when you have kids. You should change your style to face the new responsibilities and to find the time for your partner too.As a matter of fact, thousands of people already figured out that the...more
Forex market is an unregulated over the counter market. As compared to the futures market that is highly regulated, there is very little regulation in the currency market. You see, in the futures market, there is a clearing house that enforces the...more