Want to benefit from a steady flow of income without limiting your financial freedom? Invest in real estate. All you need to set up your real estate business is a rental property at a great location. Keep it top condition, build rapport with your tenants (optional), and you have yourself a reliable source of revenue.…
Like most people during the COVID-19 pandemic, you’re probably stuck at home under social distancing regulations. Even though this is an important step in reducing the number of COVID-19 cases, it doesn’t make it easier to stay in one place. Without regular work hours, the chance to see friends, or simply go out and explore,…
Selling your home during an economic downturn is a tough challenge. The perception is that the market is weak, and there’s a massive chance that it’ll take months or more before someone claims your listing. Most real estate specialists would recommend putting the property up for sale once the market improves, but if you…
COVID-19, or the coronavirus, has forced a near shut-down of many global economies. In the U.S., this means that establishments like restaurants and shops could be closed for seating or in-store service, for a little while longer. Thousands of people have lost their jobs, events have been suspended, and the economy has taken a massive…
Saving money is always an excellent goal. In fact, it should be at the top of your financial priorities. There are so many money-saving hacks out there that claim to help you save every penny possible. However, beware: some of these tips can cost you money instead of helping you save. 6 Money-Saving Mistakes…
If you are currently looking for a new home, it’s not just the asking price you need to worry about. There are many hidden costs that you should prepare for and keep in mind, when buying a home. Before making an offer on a new home Property Taxes Before you make an offer on…
Budgeting gets a bad rap. Many people think that it takes the fun out of spending. However, it accomplishes the exact opposite. Through a budget, you can ensure that all your basics are covered, such as your savings, rent, utilities, and other necessities. These expenses are the most significant source of stress and conflict…
Find out how to retire early with these five expert tips. The mid-60s used to be the default retirement age for most employees, yet recent trends reveal that more individuals are choosing to retire earlier and younger than ever. However, fears about unexpected expenses, lower social security, and running out of savings can keep…
Are you nearing retirement age but still have very little savings? Many people make the mistake of putting off retirement planning, thinking they still have time. Unfortunately, the endless cycle of bills can make it impossible to devote money to your retirement account consistently. While your anxiety about being ill-equipped for retirement is…
Many people look forward to retirement, thinking they can finally leave work behind. However, retirement is so much more than that. If you fail to prepare, you may find yourself struggling instead of relaxing and enjoying your golden years. Achieve financial security for your retirement years by following five essential pieces of advice. 5…