Most investors only look at the potential upside when they buy new investments. What you might not consider is investment fees you pay to buy or sell an individual stock or ETF. If you make several trades a month, those fees accumulate quickly and reduce your long-term profit potential. Thankfully, these free investing apps let you invest for free so your portfolio can grow quicker. Why Investment Fees Matter? Just a few years ago, free … [Read more...] about 8 Free Investing Apps to Grow Your Money
Real estate investing has been a favorite way to make wealth for millennia and turn ordinary people into millionaires. You might think that the only way to invest in real estate is to become a landlord or flip houses, or at least I did. And if you’re like me, you don’t have the time or money to buy an investment property when you have your own mortgage to pay. What you might not realize, is that you can invest in real estate without being in a … [Read more...] about How to Start Investing in Real Estate Without Buying Property
Have you heard about the magic penny before? What about turning one little penny into over $10 million? No? Well, before we go on to talk about this magical penny, let me ask you a simple question and I want you to answer it honestly. Would you rather have $1 million or one penny doubled every day for 31 days? I'm going to bet that 95% of you are going to pick the million dollars. Heck, that's quite tempting isn't it. To have one million … [Read more...] about Can You Really Turn $0.01 into $10 Million?
The new year is here and I'm sure you're ready to get started on your resolutions. Typically people are focusing on their weight, especially after two holidays of eating good food. I know I could lose a few pounds after this holiday break. More importantly, some are focusing their goals on their finances and I applaud those people. A new year is a great time to look over your finances and see where you can improve. You might even start a nice … [Read more...] about 39 of the Best Financial Tips to Start the New Year
If you are even halfway serious about trying to get out of debt or simply want to spend $100 less a month, one of the first steps you need to take is monitoring your monthly spending. Before you think that the only way to track how much you spend is to pay for a monthly app-- so you go further into debt before getting out of debt-- think again! There several options available that help you monitor your finances for free. Pen and Paper The … [Read more...] about 7 Free Ways to Monitor Your Money
How did your money do when the 2007 -2008 recession hit? It wasn't good for a lot of people. Many had to declare bankruptcy or make very tough financial decisions just to stay afloat. It's not a matter of if a financial recession will strike, it's when it will happen. While nobody can accurately predict when the next recession will finally arrive, there are certain steps you can take to "recession-proof" your finances so you will not have to … [Read more...] about How to Easily Recession-Proof Your Finances