Experts agree, one of the best ways to secure your financial future is by adding as many passive income streams as possible. However, there is a lot of confusion over what is meant by passive income streams, as well as how to go about it. Let’s take a look at the definition of this term [...]
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Understanding Passive Income Streams
November 28th, 2008 — , Income Streams, confusion, earning money, financial future, freelance articles, initial work, making money, money, money roll, outset, page views, passive income, passive income streams, personal finance, savings account, stock purchase from Rich Leverage @ Rich Credit Debt Loan
Educating Children on The Importance of Credit Scores
November 27th, 2008 — , Credit Cards, Kids and Money, Money Management, accurate track, adult life, amount of money, banking, budgeting, credit history, credit karma, credit reports, credit score, credit scores, delayed gratification, denominations, dollar bill, educating children, games, incentives, lifetime, personal finance, piggy bank, savings account, spending habits, teaching young children, withdrawals from Credit Karma @ Credit and Personal Finance Blog | Credit Karma
There are a lot of things that you need to educate your children about as they grow. Teaching them about money, and more importantly, the value of their credit score, is an important part of preparing them for their adult life. This is one of the most important lessons that we could ever pass on [...]
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Save Money by Managing Your Money
November 19th, 2008 — , Managing Money Wisely, Smart Money Ideas, additional income, basic budgeting, bonus money, checking account, decisions, dollar bills, extra income, extra money, investment account, investment accounts, investments, loanio, money, money gifts, money saving tips, personal finance, rebates, saving money, savings account, shopping, tax refunds from Loanio @ Loanio
There are plenty of ways for you to save money simply by managing it. It does not necessarily mean that you have to be frugal, but rather you simply have to be wise in the decisions that you make. Too many people these days are finding that they were never taught how to manage their [...]
Related StoresWhat Are Passive Streams of Income?
November 17th, 2008 — , Income Streams, Investing, banking, certificate of deposit, full time job, hybrid, interest payments, internet business, investments, landlord duties, multiple income streams, part time, passive income, personal finance, phrase, property management company, quality time, rental properties, rewards, risk, savings account, stock, stocks, streams of income, time internet from Rich Leverage @ Rich Credit Debt Loan
If you’re trying to make more money, chances are you’ve heard the phrase, multiple income streams. However, there are two main types of income streams that you can use, and they are quite different. The first is known as active – and as the name implies, this is a type of income that you actually [...]
Related StoresManaging Your Finances and Your Future
November 16th, 2008 — , Financial Planning, accountant, addition and subtraction, bearing, checkbooks, fine tune, goal, how much money, how to manage your finances, investing in your future, little bit, managing your finances, math, personal finance, saving money, savings account, shame from Rich Leverage @ Rich Credit Debt Loan
One of the hardest things for many of us to do is to manage our finances properly. It can be hard if you’ve had no training and you’re used to just spending freely, whenever you want. There are thousands of people out there that can’t balance their checkbooks let alone plan for their future, but [...]
Related StoresDebt Warning Signs and How to Get Out
November 10th, 2008 — , Credit Cards, clue 2, credit counselors, creditors, debt, debt obligations, debt to income ratio, debts, decade, goal, health food, household debt, mid 90s, money, personal finance, personal income, priority, saving, savings account from Rich Leverage @ Rich Credit Debt Loan
Over the past decade, an insane amount of debt has been wracked up. Household debt has significantly eaten up a slice of personal income since around the mid 90s. Here are four clues that you are carrying too much debt:
Clue 1 - Your debt to income ratio is too high. Your debt to income ratio [...]
What Are Safe Investments?
November 4th, 2008 — , Smart Money Ideas, banks, bet, bonds, due diligence, extra income, high yield savings, homework, interest rate, investments, money, personal finances, personal financial adviser, professional broker, rate of return, risk analysis, safety net, savings, savings account, stock, stock market, streams of income from Loanio @ Loanio
If you are trying to accumulate wealth, set aside money for the future or you would just like to have a few more streams of income coming in, investments are usually the first thing people turn to. However, the most common question that many people have is what are safe investments? This is a question [...]
Related StoresOur Early Retirement Plan: Where We Are Now (Part 1)
November 3rd, 2008 — , Retirement, investment property, necessary expenses, savings account, start up business from Lazy Man @ Lazy Man and Money
If you are just starting this, I suggest you start at The Introduction - Part 0
You can’t figure out where you are going if you don’t know where you are…
My wife and I are each 32 years old. To some degree our finances are separate - we never felt the need to combine them [...]
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Continue reading → Our Early Retirement Plan: Where We Are Now (Part 1)
How to Put Together an Emergency Fund
October 23rd, 2008 — , Smart Money Ideas, amount of money, back yard, business hours, checks, debit card, emergency account, emergency fund, emergency funds, enough money, how much money, losing your job, money, personal finance, rainy day, safety net, satisfaction, savings account, six months, three months from Loanio @ Loanio
If you are concerned about the state of your finances, your job or if you would just like to have a safety net that will be there to catch you if something goes wrong, an emergency fund is a very powerful tool to have in your financial arsenal. Emergency funds can be used for just [...]
Related StoresStaying Solvent in Bad Economic Times
October 21st, 2008 — , Financial Security, Investing, budget, consolidation, cost of living, debt, debt to income ratio, debts, economic times, emergency fund, frugality, gas prices, great time, high interest rates, investments, natural disasters, necessities, personal crisis, personal finance, personal financial advisor, real estate, saving money, savings account, savings accounts, smart decision, stock market from Rich Leverage @ Rich Credit Debt Loan
Every day, the news about the economy seems to be getting worse and people across the world are concerned that they will be personally affected by the changes. In many cases, they already are when you consider how the cost of living has gone up, gas prices that seem to have no ceiling and continued [...]
Related Stores5 Ways to Save Money Without Even Trying
September 11th, 2008 — , Credit Cards, banking, basic principle, cans, checking account, credit card debt, credit rating, emergency fund, feeling the pinch, few minutes, high interest, interest credit card, introductory rate, little time, money, out of sight, personal finance, pinching pennies, rate changes, rebates, saving money, savings account, shopping, wiggle room from Rich Leverage @ Rich Credit Debt Loan
The whole process of saving money is usually associated with pinching pennies until they scream for mercy, living on food from dented cans and basically giving up everything for a future goal. While this will indeed help you put more money away, saving does not need to mean hardship. We rounded up some of the [...]
Related StoresAll About Emergency Funds
September 3rd, 2008 — , Financial Security, Insurance, Long Term, Standard of Living, auto repairs, breathing room, credit card, emergency fund, few days, financial ruin, health insurance, heartbreaking stories, high interest rates, how much money, lifesaver, looking for a job, money, mortgage payment, personal finance, salary, savings account, three months, unemployment from Rich Leverage @ Rich Credit Debt Loan
The news is full of heartbreaking stories about people losing their homes, going bankrupt and facing financial ruin. If you don’t want to be among them, it is time to take a hard look at some steps that you can take to insure yourself against financial ruin. One of the best things that anyone can [...]
Related StoresHow to Start Saving More Right Now
August 28th, 2008 — , Income Streams, Retirement, banking, bottom line, checking account, disposable income, enough money, getting a loan, habit, interest rate, interest rates, money, odds, personal finance, safe deposit box, saving money, savings account, thousands of dollars, ways to make more money from Rich Leverage @ Rich Credit Debt Loan
For many of us, saving is something that we always plan to do, but never quite get around to it. The bottom line is, if you don’t have a savings account and a regular plan for putting money aside, you may regret it in the future, especially as you get closer to retirement. A savings [...]
Related StoresManaging Your Bills in Today’s Economy
July 21st, 2008 — , Insurance, Standard of Living, budget, car payment, economy, expenditures, gas prices, groceries, gum, investments, money, paycheck, personal finance, rough patch, savings account from Rich Leverage @ Rich Credit Debt Loan
Right now, it has never been more important to manage your bills and get your finances under control. The economy is going through a particularly rough patch, food and gas prices are going up and it can be pretty hard to make your paycheck stretch each month. If you’re finding it difficult to keep up, [...]
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