529 Plan: How to Save Money for College

It’s never too early to start thinking about your children’s college education. The sooner you start saving, the greater the chance your child will have enough money to get through college with no worries. But when considering college savings, many parents are unsure just what they should do with the money. You could stuff it in a sock drawer, but it would have no chance of drawing interest there. A savings account might be slightly better, but any interest earned would be taxed. A 529

Stock Trading Explained

For those who work on Wall Street, stock trading is an everyday occurrence. For many of the rest of us, it is an enigma. It just seems so complex, especially when you don’t have a clue what goes on behind the scenes. Actually, stock trading isn’t terribly difficult to understand. Here are the basics. How Stocks Are Traded The actual trading of stocks takes place at a stock exchange. The most familiar stock exchange for most Americans is the New York Stock Exchange. This is

The ABC’s of Buying Rental Properties — A Hands-On Approach To Success

I love real estate.  However, I respect it at the same time, meaning you must treat this type of investment with care, love and lots of attention to be successful with it.  In my 15 years of experience with investing in real estate, I have learned much. But, perhaps the most important lesson I have learned is that it is not a get rich quick investment, and it is HANDS ON. If you follow some basic rules, you will do very well with real estate. 

Avoiding Credit Card Debt

Credit cards often charge a higher interest rate than other types of credit – the average credit card rate currently stands at around 16-18% (depending on which statistics you look at). This means that over time, your credit card debts could cost you a lot of money in interest unless you clear your balance on time every month. Of course, the best way to avoid credit card debt is to do without credit cards altogether! But that isn’t necessarily the most sensible option. Even if

Benefits of Having Best Rate Credit Cards

Having the best rate credit cards is great because they make spending money and shopping a less painful experience for cardholders. With the credit cards, shoppers do not have to worry about not having enough cash or always needing to get to a automated teller machine for the cash. With best rate credit cards, you get the lowest interest rate of any cash advance or credit card purchase so the interest payments will not be astronomical. If you do not have credit cards, then you

How to pay back debt easily through credit card consolidation

Are you looking for some simple ways to pay back your overwhelmingly large credit card debts? The first obvious step that you require taking is to stop using your credit cards. You may think that it’s silly enough to follow this piece of advice, but you are sure to get the best and fastest results if you do so. If you need to purchase anything, you need to use cash and not your cards. Secondly, you can consolidate your debts through a credit card consolidation

Prepaid Credit Cards Explained

Credit cards offer many benefits. One of the most obvious is that they allow us to enjoy a purchase now and pay for it later, either in full or in payments. In exchange for that, we pay interest on the outstanding balance. But what if we are interested in the other benefits of plastic and don’t want to pay interest? Sometimes we use credit cards as a matter of convenience. They make it possible to go shopping without a wallet full of cash. They also

Ten Tips on How to Pay off a Balance

Credit can be a wonderful thing. But when it gets out of hand, it can wreak havoc on our finances. This is especially true when it comes to credit cards. Charging up a large balance is bad enough, and by the time you add in fees and high interest rates, the debt can be overwhelming. In a perfect world, everyone would use credit wisely and pay off balances within a month or two. But in reality, cardholders often build up a mountain of debt and

The Importance of PIN Numbers

Credit and debit cards are the ultimate in spending convenience. They make it easy for us to buy online, by phone or by mail. They help us reserve cars, hotel rooms, plane tickets and more. They eliminate the need to carry large amounts of cash. And when we need cash but don’t have it, we can take them to the ATM and withdraw money in a snap. Credit and debit card issuers institute certain security measures to prevent cards from unauthorized use. One of the