Statistics from CNBC show that the average American has about $38,000 in personal loan debt. While some people are making progress in paying down this debt, it can still make it tough to get more credit. From a lender’s point of view, adding more debt could lead to defaults. Fortunately, there are ways to still…
Learn to spend wisely and watch your wealth grow! Tax-Free Investing: Use a tax-qualified brokerage account for your transactions. This helps you gain up to 30% more in returns since they are free from capital gains taxes. Doing this yearly can significantly increase your net worth. Play It Safe: Keep a portion of your assets…
Golf’s popularity has soared recently, thanks in large part to stars like Tiger Woods. Major tournaments, including the European Tour, are drawing huge crowds, far beyond what organizers expected. This surge in interest has led to a growing demand for golf properties and courses worldwide, with Belek, Turkey, emerging as a prime destination. If you’re…
There are many rewards credit cards out there, each with its own perks, making it tough to compare them. They offer different types of rewards and have varying rules for earning and redeeming those rewards. Picking the wrong card might mean missing out on benefits and cash rewards. Here are our top 10 recommendations for…
Peer-to-peer (P2P) lending is really popular in online investing right now. However, some potential investors are hesitant because they’re unsure if it’s trustworthy, especially when it comes to money. Despite these concerns, P2P lending is a legitimate way to invest, as many investors around the world have made substantial profits through this system.
A Home Equity Line of Credit (HELOC) is a way for homeowners to borrow money by using the value of their homes as security. Similarly, a home equity loan allows homeowners to take out a fixed amount of money, using their home equity as collateral. Both options depend on your home’s equity but have their…
After the 2008 financial crisis, the economy has been a bit shaky. Investors have been cautious about putting their money back into traditional stocks and bonds, which has slowed down recovery. However, there are still profitable investment opportunities available. Let’s take a look at some of these options. Precious Metals Investing in precious metals might…
Luxury brands like Louis Vuitton have been hit hard by a decrease in consumer spending on luxury goods in China. The company’s CFO, Jean-Jacques Guiony, informed investors that this drop is linked to the recent changes in China’s stock market during July and August. He mentioned that significant asset depreciation, such as the one in…
If you’ve heard of Airbnb, you probably know it’s a great resource for finding good deals when you travel. We’ve used it many times for budget-friendly places to stay. Unlike hotels, Airbnb gives you a unique experience. But there’s more to Airbnb than just lodging. They also offer something called “Airbnb Experiences,” which a friend…
Getting ready for a new baby doesn’t mean you have to break the bank. Buying secondhand items can help you save a lot, but some things, like car seats, need special consideration. **Understanding Car Seats** It’s illegal to sell a car seat that’s been in a crash, but sometimes this happens unintentionally. When buying used…