“Saving” and “investing” are terms that, while related, refer to different actions. Don’t confuse the two, for each can lead to a very different outcome from the other. If you save money when you should be investing it, or vice versa, you could be severely handicapping your ability to reach your financial goals. Think of…
Category: Investing
Best Money Saving Apps and Personal Apps for iPhone, iPad and Android Phones
I only recently bought my first iPhone( yes I am a bit late to the party) and started my search for apps which I can download on the iPhone. Here are the apps which I have zeroed on. Personal Finance apps which can replace your personal finance spreadsheet Mint – The app called Mint from…
How to Lower Your 401k Fees
When’s the last time you checked how much you’re getting charged on your 401k? If you don’t know how much your 401k fees are, you are not alone. 50% of Americans are unaware of how much they’re paying, and many people think that they don’t have any fees at all. But 401k fees do exist,…
Mortgage advisors can save you time, money and stress
Our free service allows you to find a professional UK mortgage advisor in a matter of seconds. All of the mortgage advisors that we connect you to are regulated by the FSA (Financial Services Authority). When you use our service, all you need to do is fill in a simple form and you could benefit…
How to Deal with Uncertainty and Reach Financial Iependence!
An ounce of prevention is worth a pound of cure I like including a quotation at the end of my posts, but today I included one in the title too as a added bonus. You can earn extra credit if you know who said it! I recently wrote about having an emergency fund and while writing…
Mortgage FAQs
Mortgage Frequently Asked Questions What is a Mortgage? A mortgage is a term lending facility offered by a bank or finance house to an eligible applicant to part-finance the acquisition of a residential or Buy to Let property at locations approved by the Bank. The credit product is usually for a long term e.g. 20…
A Guide to Renewing Your Mortgage
Many homeowners suspect they may be spending more than necessary each month on their mortgage repayments and would like to consider making new arrangements. It is certainly worth exploring the options, although renewing your mortgage is not always the best financial solution. If you have decided to investigate the alternative interest rates or other mortgage…
Mastering Disaster with an Emergency Fund
An emergency fund is money that’s put aside in case of an emergency. That was easy wasn’t it? But how big should it be and where should you even keep it? Your answer is likely to be different than mine. But I realized yesterday that I don’t really know why I’m keeping 1 year’s living…
Should You Invest or Pay off Student Debt?
Student loans suck. It’s like taxes. No matter what you do, it’s there…like a giant leech sucking your money – inexorably – out of your bank account. Any debt – whether for a flat screen, a mortgage, or your education – for the most part just means you’re buying something you can’t afford. Some people say…
Setting Goals Will Change Your Life
“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” ~ Jim Rohn Today I’d like to talk about a topic that is near and dear to my heart. Setting goals changed my life, and can change yours as…