Author: James Paul
One of the major milestones and most exciting times of your life is when you make the decision to buy your first home. However we often get caught up in the status quo, whether it is because your friends are all buying homes, or you have reached the magic age where it is determined you should have one. While you may be eager to find that perfect house and move in, there are a three major things you should consider before buying a home. Are you actually ready for home-ownership? Although it may sound crazy, the first question you should be…
Credit card debt impacts so much more than just your credit score. Yes, credit scores do affect your ability to finance big ticket items like homes and vehicles. And if you are overextended with credit card debt or behind on these bills, your score will be lower than those who pay their bills on time. However, this is not the only way that credit card debt can wreak havoc on you. If you have high credit card debt, it could also hurt your ability to find a job, regardless of what your score is. Fortunately, Freedom Debt Relief could help.…
Forex trades are facilitated by brokers, and as you begin your day trading career, it’s important that you fully understand the different types. In general, Forex brokers fall into two different categories: Dealing desk brokers and no dealing desk brokers. So which one is the best? Well, it depends on your trading style. Each has their own advantages and disadvantages, and they offer different methods for entering and exiting trades. For example, some offer tighter spreads, but charge commission, while others have wider fixed spreads but don’t take a commission on each trade. Each broker will offer the trader an…
You may know about moats if you have read Warren Buffett’s letters to shareholders or you are into investing. Moats and floats are nothing but an investing style which is widely accepted by people all over the globe. These terms were coined by legendary investor Warren Buffett. Let’s understand both Moats and Floats in little detail- Moats A moat simply means competitive advantage which a company enjoys over other firms in the same industry. Moats simply acts as an entry barrier against other firms trying to enter the industry and trying to eat away the market share of the existing…
“No romance without finance, guys!” My Climatology lecturer made it a point to remind us in class every time he could. Maybe he was always reminded of young love and how flaming it looked on the outside whenever he saw couples on campus. He always pointed out that, to keep whatever flame a couple has, it is necessary to occasionally use the ‘paper’ to keep fanning it. Till date, his angle on romance and finance is one of the most interesting ones of I have ever come across Truthfully, he has a point there if we took out his whole…
The US-based Institute for Legal Reform (ILR) published a document containing 11 separate claims against litigation funding within the UK in 2009. The issues raised in this document have caused much discussion in the industry. Litigation funding, which is also known as third party funding; provides financial assistance to mainly big businesses fighting commercial cases, rather than aiding those with consumer or personal injury claims. Its use in the UK is growing. The ILR made a number of misguided comments and attempted to blast the Code of Conduct set out by the Association of Litigation Funders (ALF). All members of…
Are silver coins a good investment and should you buy them? This is a tricky question to answer–especially the second part of it–but there are some genuine reasons that advocate buying and investing in silver coins. So, what are the things that make buying/investing in silver coins a good choice? Let’s find out. Why Investing in Silver Coins Makes Sense Investing in Australian silver coins is a good choice and here’s why: what goes up must come down. This is both the law of nature and the law of gravity. This law also holds true for the physical world and…
Managing a personal budget isn’t easy as there are just so many tantalizing items out there that have to be bought right away. Of course, this is not the case and most things that people buy don’t have to be bought. It can be hard to control these urges, but through a personal budget, as well as the proper management of it, then pennies can be saved and a significant amount of money can be put away for a rainy day. Budget management is a great problem for many people and it even worth being written about in some custom…
When was the last time you visited a bank? Or deposited a check? Or even visited the nearest ATM for money withdrawal? It is surprising that how with the advancement of digital technology, our need for traditional banking facilities has reduced drastically over time. And it’s probably for the good? Online banking does offer an uncontrollable convenience, which has actually made our lives much simpler and stress-free than ever before. Imagine getting off the couch on your weekly off, travel some god for sake kilometers to visit your bank branch, and deposit a minuscule amount and go through all that…
As adults, it’s not always easy to make great financial decisions. Some of this comes from unforeseen circumstances we might face, some of it from unwise decisions or investments, and some of it stems from lack of experience. How many times have you thought about how differently you would have handled your finances if you had only known then what you know now? These lessons that we learn over the course of our lives regarding our finances are ones that we can pass on to our children. Sure, we can’t expect that every bit of advice we give young people…