Finance Archives - Page 4 of 12

Low Unemployment Aside – How Will you Stand Out?

May 10, 2019 No Comments

In this Current Events Friday’s Post (CE-Friday’s), I’ll be adding my two cents on the current job market and what it means for you landing that dream job you’re thinking of applying to. Here’s a hint: they aren’t just going to gift it to you… CE-Friday’s – “What you need to know today in less than 500 words” I wrote 2 weeks ago about how the current unemployment rate of 3.8% has kept me up at night. But as with most things in life, there exists a dichotomy. As a small business CEO, hiring can be an incredibly difficult thing to do when you’ve got candidates pouring in. But in the current market, that’s not necessarily the case. Starting out just 2 years ago, it was common to receive at least 20 applicants for an advertised position. Three weeks ago we posted a new […]

Finance

Build Wealth and Ensure a Wealthy Future with these 6 Steps

May 6, 2019 No Comments

This post was originally published on The Money Mix and is republished here with their permission. Adding to that, this is a great guide on how to build wealth and ensure a wealthy future for your family. I am excited to share this with you! (Photo courtesy of Steve W.) You have a great job and make a good income. You’ve paid off your student loans and credit card debt. Now you’re ready to save and invest. But you’re not sure how to invest your money. I have good news. I’m going to introduce you to six basic steps on how to invest your money. It will be unlike many of the other “how to” articles on investing. Before you think about investing a dime, we need to set the foundation. Without it, it will be difficult, if not impossible, to have a successful investment […]

Family, Finance, Personal Development

10 Best Work from Home Jobs for Stay at Home Parents in 2019

May 1, 2019 No Comments

I am very excited to welcome Ben and the team from Dollar Sprout to the blog today for 2 reasons. 1) They’re phenomenal to work with and 2) they know their stuff. So, when they asked to write about the best stay at home jobs, I thought you guys would love to hear what they have to say! Take a look at the 10 best they’ve outlined below and let us know which ones you’ve tried or which you’re stoked to try in the comments section. 10 Legitimate Stay at Home Job Ideas for Parents in 2019 The best part of being a stay-at-home parent is the fact that you have the opportunity to spend more time with your kids and witness more of their developmental milestones first-hand. Still, taking care of your kids and managing the household can definitely seem like a full-time job […]

Finance, Family

Mortgage Free or Huge Investments – Which is Best?

April 24, 2019 No Comments

I am thrilled to welcome back Jon to the blog! He’s written before about non-traditional wireless phone plans, financial resolutions for the new year, and paying off $89,000 in student loans with his wife – and living to tell about it. And today he has another treat in store for us! Jon and Heather (his wife) recently purchased a home, and in the time since that big-ticket buy, they’ve been weighing the pros and cons of paying off the mortgage early vs. investing their extra income (they were debt-free, after all…). In this post, Jon breaks down all the components of which is best – mortgage free… or huge investments? Mortgage Free or Huge Investments – Which is Best? When it comes to getting a mortgage, in the personal finance community I’ve heard everything from: “Pay off your home as early as you can,” all […]

Finance, Personal Development

When you Wake Up to a “Bank Overdraft” Alert

April 17, 2019 No Comments

Worse than sipping a warm coffee by the fire with your wife and 1-year-old daughter right before Christmas time and realizing that I somehow paid my mortgage twice in the month of December is… Waking up April 1 and seeing during the morning status check for our bank accounts that our personal checking account had some lint immediately to the left of the 4-figure number. Wait, what? That “lint” isn’t moving off my phone screen. It was right then when I saw the “Bank Overdraft” alert pop up… Confusion and terror overcame me all at once as I began soul-searching to see how I could’ve sunk to this new (balance) low. And it was a Saturday, which meant that even if I could get to my bank that day and deposit some newly found funds that totaled more than the 4-figure sum… those dollars wouldn’t post […]

Finance

When Student Loan Refinancing Is Your Best Option – and Why

April 10, 2019 No Comments

Travis from Student Loan Planner is with us today to let us know 5 points in life when student loan refinancing may be your best option. (Photo courtesy of Al Emmert) Like many people in the U.S., you might have student loan debt from your time in college. After graduating with the degree of your choice, it’s time to repay your loans and it can be overwhelming. I can’t blame you for feeling this way — I’ve been in your shoes. It’s not easy to know the right approach to paying off your student loans, and you might not even know you have options beyond a standard repayment plan. If you’re like Jon and Heather, who have a plan to pay off student loan debt quickly, that’s great! They have an amazing story and were able to knock out tons of student loan debt in a […]

Finance, Family, Personal Development

So you Want to Teach your Kids About Money but Don’t Know How?

April 5, 2019 No Comments

In this Current Events Friday’s Post (CE-Friday’s), I’ll be letting you know about a brand new way to help parents teach their kids about money – and have fun doing it – with Family Money School. CE-Friday’s – “What you need to know today in less than 500 words” Alright, Team, one thing to mention up front – if you like what you see in the product below and decide to make a purchase through one of the links in this post, I’ll get a small kickback for referring you to the course at no extra cost to you. Why do I mention that? Well, a couple of reasons… I’m next to positive it’s the law, I value your trust and try to be as transparent as possible with all the content on this blog, and I’ve never directly pitched a product on the […]

Finance

What is 5G and should I care?

March 29, 2019 No Comments

In this Current Events Friday’s Post (CE-Friday’s), SC from MissFunctional Money is here to answer the 1.5-year-old question – What is 5G and should I care? CE-Friday’s – “What you need to know today in less than 500 words” (Photo courtesy of MissFunctional Money) So … what is 5G? Currently, 4G is the mobile network that’s predominantly used worldwide. It’s the “data” part of your cell phone plan that allows you to make calls, send text messages and mindlessly scroll on Instagram surf the web when not connected to Wi-Fi. Every decade or so, another “generation” of mobile broadband is rolled out — making 5G about 10 years in the making. So, in theory, 5G will ultimately replace/augment the current 4G LTE connection that you already likely use. Unlike the latest and greatest smartphone which features, like, one tiny upgrade from the previous […]

Personal Development, Finance

How to not Let Cognitive Biases Delay Your Financial Freedom

March 27, 2019 No Comments

Hello, MikedUp Blog readers! My name is Jerry, the creator of Peerless Money Mentor – a personal finance site that is primarily focused on helping people become financially woke, and I’m here to discuss how to not let cognitive biases delay your financial freedom. First of all, I’d like to thank Mike for letting me borrow his digital space. I always find his content very entertaining and highly informative. Today, I will talk about something we all struggle with: cognitive biases. While there are about 20 cognitive biases I can name off the top of my head, I have narrowed the list down to two. We will discuss the sunk-cost fallacy and recency bias. I’ll tell a story of how I have struggled to overcome each one of these biases and provide examples. After covering each cognitive bias, I’ll provide a potential solution for […]

Finance

Back to School: The Importance of Basic Maths Skills

March 23, 2019 No Comments

Today’s guest post explains exactly why you’ll be glad you paid attention back in math class. Maybe it’s true what Mrs. Jones said – “You’ll be using math every day… all the time, in the real world.” Let’s check out some reasons why. Back to School: The Importance of Basic Maths Skills For many adults, the maths lessons that they took in school were the last time they sat down and really seriously thought about applying mathematical skills to a problem. We are always told that ‘math is all around us’ and that it is at work in everything we see and do, but we rarely stop to wonder just how we use it ourselves in everyday life. Here we’re going to take a look at the basic maths skills that get us through some of the most commonplace tasks in adult life and show […]