Money Guide (Page 25)
The Best Ways to Start Saving for Retirement Today
Saving for retirement is a goal that everyone will need to reach at some point in their lives. Many people like to put off this type of savings as long as possible, but no matter how tempting that is, starting a retirement savings plan as soon as possible.
There are a lot of different ways people can start their retirement savings. However, some methods are more effective than others and can... ❯❯❯
What you need to know about rental property insurance
Home insurance isn’t just for people who own their homes. Even if you rent, you need to have insurance. Rental property insurance covers you for losses due to fine, storms, burglary and more. Read on to find out why you need rental property insurance. Levels of coverage Like most types of insurance, rental property insurance companies offer various levels of coverage. Each level costs more or... ❯❯❯
Mega Ways to Manage Your Money
These days finances are tight, and it’s important to be careful with your money. You need to take steps to manage and stay on top of your finances. Too many people are too carefree with their finances these days. And this can lead to all sorts of financial problems later in life. The best way to start is to try to limit your spending. If you’re awful at regulating spending habits a spreadsheet... ❯❯❯
Advantages of Investing in a Roth IRA
Freedom and flexibility:One of the best aspects of Roth IRAs is the absence of a required minimum distribution (RMD). At 70½,Traditional IRAs require you to calculate all of your RMDs and take them as taxable income. If you miss anyor don’t withdraw enough, it will cost you a 50% penalty on top of your income tax. You also can’tcontribute savings after 70½ to regular IRAs, but Roths have no... ❯❯❯
5 Ways Credit Cards Can Help You if You Use Them Wisely
The appeal of credit cards lies in the fact that it makes it easy to get just about anything you want. Fancy a new wristwatch? Just give your card, and it's all good. Love that new pair of shoes? Here you go. Swipe the card and you walk away with the shoes. All these are possible without spending cash. That is why it is so easy for many people to get into and continue to remain in debt. Your... ❯❯❯
A Self-Managed Super-Fund or a Pension? What's the Best Option for You?
You might think that a traditional pension is your best option for saving for retirement, but is that really the case? If the circumstances are right, you may get better returns by starting a self-managed super-fund. While both pensions and super-funds have the same end goal of providing you with a comfortable retirement, they have very different ways of achieving these outcomes. Here is an... ❯❯❯
Can Equity Release Help Me Pay For Long Term Care?
As we get older and reach retirement age, lots of us have to ask for help at home for ourselves, or for a partner. Whether we chose to access care at home or in a specialist setting, it costs money. Not many people have the income to support long-term care out of their own pocket, and if you're in this situation you might be looking for alternative options. One of these options is equity... ❯❯❯
Bad Credit Isn’t Just About Loans
If you’re like the majority of people in the world, you likely never think about things like your credit score or credit report – at least not unless you’re actively trying to borrow money or buy a house, in which case your every thought probably centers on those two things. Most people think that their credit, good or bad, only impacts their lives when they’re borrowing money in some way – but... ❯❯❯
MBA Programs: What To Keep in Mind before Enrolling For an MBA
Given the high competition in the current job market, earning an MBA is essential for anyone who aims to secure a top management position. A graduate degree increases your marketability and affords you the opportunity to switch careers. Thus, despite the lengthy period that one has to spend in the classroom to earn the degree, the investment made is always worthwhile. In the course of taking an... ❯❯❯
Straight Answers on Paternity Testing
When the paternity of a child is called into question, it can have all kinds of effects on every person involved. There may be pressure on the grandparents, stress on the alleged father, stress on the mother, and even stress on the child involved. Some people might choose to wallow through this stress because even the thought of an actual paternity test seems too expensive. A home paternity test... ❯❯❯
