The term networking refers to social interactions or interactions with other people. They can be face-to-face, by attending a party or event, or by interacting with friends and neighbors alike. They are typically referred to as network building, due to the nature of its purpose – connecting people who have similar goals, beliefs, and experiences to create stronger relationships that aid in both individual and…
A 401(k) plan is a popular way to save money today. Saving money has never been easier-you can now directly through website or app to set up an account and start contributing to your savings. But does it really help you? Well, it depends. Some say it doesn’t, but I would beg to differ. While there are no guarantees that your employer will allow you…
Auto financing is a great way to get a good value for your car. When you have a low credit score, auto financing can be tough. Most lenders will not approve loans with a higher than fair credit score, making it possible to get a great deal on your car. For example, if you have a $5,000 balance on your loan and a low credit…
opening a savings account is a great way to start investing your money. An easy, cheap way to start investing your money is by opening an automated (i.e., free) savings account at chequ shimmerat bank. By creating a saved-up account for you, making periodic deposits and letting them grow at your request, you will help ensure that your bank will continue to give you favorable…
Long-Term Care (LTC) is a very different market than retirement savings accounts, supplemental insurance, or life insurance. For most people, retirement is full of wonders, and being able to spend time with your loved ones is a beautiful part of that. For those who need assistance in managing their day-to-day lives, the assisted living and home care options are common. Some state-provided programs include occupational…
As the name suggests, micro-investing is the practice of small, frequent investments in companies, funds, and other assets. In fact, the term micro-investment refers to a small amount of money spent on a specific basis. For example, buying fractions of a share at a time means you are going about micro-investing in funds or stocks. The more typical way to invest in this way is…
Credit monitoring is a service that helps determine if someone is in credit trouble. There are many credit monitoring companies that cater to people looking to get more information about their credit report and/or fixing their credit balance or decreasing their debt ratio. Most of these companies rely on data from sources such as Credit Karma, TransUnion, & Experian, which contains details on recent transactions,…
How economic cycles affect personal finance and investing is an important concept to understand in regards to the new financial paradigm. Economic cycles are a normal part of human culture, and as such they impact our investments and Hodl or HODLing as well as trading shares for financial gain. However, because society is always in a state of flux, people must constantly keep abreast of…
Crowdfunding has become a mainstream way to get started and finish up for everyone. It has become so popular that many have coined the term Crowdfund to refer to these modern-day monetary miracles. Crowdfunding has two parts: first, users invest money in hopes of scoring a reward or sale, and second, the user receives the reward if the seller completes their transaction. The rewards are…
Mobile banking has become the new normal way to account for your bills, purchase things, and transfer money. With almost every bank now offering mobile banking, it is up to you to know how to use it! Most banks now offer a digital wallet feature where you can store money in your account and easily transfer it anywhere, making it very convenient to buy things…