We see them everywhere. The numerous articles outlining the majors you should take if you want to earn big. Better yet, those listing the majors you should avoid like a plague if you ever want to make money. Today we dig into the Super Power of an exception to this rule. Meet Erin Lowry. A […] Read more...
Welcome to the second post in my series about things you shouldn’t invest in (but you might anyway!). Today we’ll be talking about classic cars, some of which are now fetching quite the price in auctions worldwide. And I have a confession to make. Those of you who count yourself as militant FI/Frugal readers should look […] Read more...
Time for some therapy. “Hello, I’m DividendLife and I have irrational financial behaviors.” It’s true! I sometimes make less than optimum financial choices and I know it. Yet I’m somehow okay with that. Here are three irrational things that I know I do and why I choose to accept them. How am I irrational? Let […] Read more...
When entering the property market for the first time the biggest hurdle for the most of us is finding lenders willing to give you a chance, this is why understanding what is a 203k loan is importnat. Lenders have little trust for first timers and can be depressingly strict when it comes to the amount […] Read more...
Lenders will examine your credit history, capacity, and collateral. Lenders will verify your employment for the past two years and try to predict how likely it is that you will keep your job. If you’re weak in one area, strength in the other two areas or in a spouse’s bona fides may compensate. Or you […] Read more...
Havingan emergency fund is a key component in attaining victory over yourfinances. As such, it’s important tostart one right away. Why Have An Emergency Fund? There are manybenefits to be gained by having an emergency fund, and no drawbacks. It may feellike a drawback while you’re putting in the extra effort to build the fund, […] Read more...
Sometimes unexpected expenses occur that are larger than your emergency fund. When this happens, you might have to borrow money to pay the bills. Unless you can borrow money from friends or family, chances are, you might have to apply for a personal loan from your bank. Before filling out the loan application, here are […] Read more...
What is Brokerage? If we want to buy or sell bonds or stocks or even keep assets somewhere, we need a broker. Brokerage refers to a company which does these things, which both buyers and sellers use. These transactions seem like a distant dream to us “average folk,” but in the 21st century, more and […] Read more...
We have already explained why having a budget is vital. Among other things, it can: Help you reach long or short-term financial goals Protect you from an economic catastrophe Help you get more necessities by spending less money Allow you to implement essential life changes Help you sleep better at night because you will know […] Read more...
Saving money probably isn’t something you like to think about on a daily basis. It definitely isn’t as satisfying or exciting as shopping for clothes or books. However, with money comes the responsibility, and nothing says irresponsible like debts and overdue credit card bills. Budgets aren’t scary If you are still on the fence with […] Read more...
