Even though money is such a huge part of the adult world, it’s often up to parents to teach kids what (little) they know about money, how it works, and how to make it. But don’t panic! Giving your kid a solid grounding of financial knowledge and igniting that entrepreneurial spark isn’t actually that difficult;...
When companies are looking to downsize but would rather not lay off workers, they often offer a corporate pension buy-out (for companies in the private sector) or civil pension buyouts (for those in the governmental sector). Buyouts typically do not offer as much money as early retirement options, but they can still be invaluable to...
Although the legislation empowering the Consumer Financial Protection division of the federal government won’t formally take effect until the third week of July, the largest corporations issuing credit card debt accounts have already started making changes to their policies in anticipation of the coming industry-wide upheaval. Thus far, while waiting for their formal mandate to...
Statistics suggest that US auto sales dipped in May by about .4% over the same month last year and by more than 5% over April. Sales on the retail market were down by about 50,000 vehicles over the previous month, suggesting continued softness in the economy and supply chain woes continue to take their toll....
Every parent knows the mixture of feelings that occur when children leave home. There is happiness that they are independent adults and perhaps a little sadness as well. After all, your life has revolved around them for so long. Now though, you are free to do what you want. With the financial burden lifted, you...
The UK economy appears to have finally escaped the spectra of recession, but growth remains low. The latest snapshot from the National Institute for GDP indicates a slowdown in month-on-month growth, which it said showed a “picture of continued weakness in the UK economy”. Austerity cuts, increasing energy bills, and higher fuel costs are all...
If forex traders were told that there exists a 100% profitable trading strategy, most of them would treat this information quite skeptically. However, such kind of strategy really exists, and it is called martingale. It was devised for gambling chiefly. As far as gambling is concerned, martingale refers to any gambling system in which the...
The process of probate is a complex one, and something that many people worry about. There are a lot of possible probate fees to worry about, and the probate cost can be crippling to many people, especially considering that the issue of probate is something that only comes up during an incredibly traumatic time. What...
With the current demand for rental properties being high and each available home having around 5 tenants competing for each one, the potential investment for landlords has also increased. Many people are struggling to get together a mortgage and even when they do, there just aren’t any decent properties around. Therefore, people will rent before...
Five out of six major credit card providers in the US have reported further reductions in credit card debt. Overall credit card debt stood at $785 billion at the end of March, according to the Federal Reserve. Figures for April show only Bank of America with increasing debt balances with approximately 1 in 12 in...