Despite the harsh lessons that were taught to us by the Great Recession, it seems that we haven’t quite gotten the message about the dangers of overleveraging – spending beyond one’s means. U.S. consumers began
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Carpooling Etiquette: 10 Ground Rules To Keep Your Sanity
The following is a guest post from Alex Kelly. Thanks Alex! Whether it’s rising gas prices, the cost of parking or just the frustration that can come with the daily commute, there are many reasons
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Do You Have What It Takes To Be Debt Free And Financially Successful?
No. You probably don’t. You see there’s a reason that the majority of people are in debt. There’s a reason why the average amount of credit card debt per household is $15,956. There’s a reason
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The Difference Between Passive Income and Residual Income
I came across a podcast the other day called Residual Income Life. It sounded like something up my alley. I like residual income. So I started listening to it and come to find that it’s
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5 Reasons To Keep Your Credit Report Up To Date
Many people think that their credit reports reflect only up-to-date, accurate information, but unfortunately many people would be wrong. About 79 percent of reports contain some type of error, with 25 percent containing errors serious
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Top Personal Finance Posts Of The Week – Facebook IPO Post Mortem Analysis Edition
So…Facebook’s IPO was on Friday…and it was one of the least exciting IPOs I’ve ever seen. The hype leading up to it was off the charts. This was supposed to be one of the biggest
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Financial Spread Betting Explained
For those with an appetite for risk, there are a wide variety of derivatives that you can trade. When traded as a speculative investment, rather than as a hedge, they can be extremely high risk.
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My Search for Residual Income
Over the last 5 years I have constantly had a number of side projects to earn an extra income. In most cases it wasn’t much, maybe a couple hundred per month. There have been a
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How Much Life Insurance Should You Have?
What would happen to your family’s finances if your died today? Would they be able to pay the bills without your income? If you have someone who is depending in your income to eat, then
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The Horrors of Being a Landlord
For 2 1/2 years I worked for a property management company. Going into it, I thought it was a great job. You see, I love real estate as an investment. I had this plan to
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