I don’t see how a person making minimum wage can ever become financially independent. It’s basically impossible.
It’s far from impossible. It’s just a matter of priorities.
Let’s say you’re single and live in Washington state, where minimum wage is $9…
“Debt n. – An ingenious substitute for the chain and whip of the slavedriver.”
Debt is an enslaver. All who are under debt experience the chains of stress as due dates approach and the lashes of pressure to pay them off. There are compassionate loan agencies, such as Platinum Direct, who are eager to help with debts, but at the end of the day, the only person who can solve the problem of debt is you…
I’m always surprised when I see otherwise confident, capable, and brilliant people cower at the prospect of a little friendly negotiating. When it comes time to buy a car, hire a service, or pick up a second-hand coffee table, we shy away from haggling…
Back in my college days I had several friends that seemed to have access to all the money in the world as they went to school. One friend in particular spent all kinds of money on off roading vehicles and modifications, and that was just one of his expensive hobbies. I was a bit jealous to see him and all the amazing things he purchased and did…
All of our sites seem to have gotten attacked on or around the same day at the beginning of this month…
You know the old saying, “You don’t know where you’re going, unless you know where you’ve been”? I’ve concluded whoever came up with that phrase must have been drunk, or high, or drunk and high. If you look at my career progression, I don’t think anyone would have guessed I’d be where I am today…
However, investing can still get expensive. If you pay relatively high investing costs, usually due to fees, commissions, expense ratios, and taxes, you could see lower overall returns…
(Guest post by Dalene Heck of HeckticTravels.com)
6 weeks in Manhattan in a luxurious 2-storey brownstone.
3 weeks in London in a multi-million dollar home in the heart of Kentish Town.
6 months on the tropical island of Roatan, Honduras in a new 3-bedroom house with amazing views of the Caribbean Sea…
My coworker shuddered. “I don’t “do” online banking. It’s not safe! I don’t want my banking information out there for everyone to see”…
Managing your finances well means paying attention to where every single dollar goes.
So, it’s time to ask yourself: how much money are you losing to hidden fees?
Cell Phone Service
Purchasing a new cell phone these days is a very complex process, especially if you care about what you’re being charged for every month…
Whether you want to retire at 35, 45, 55, 65, or 75, when you break it down to the basic components, retiring (no longer working for an income) is pretty simple: to retire, you need to save enough money or own enough income-producing assets so that you can live off of the resulting income and withdrawals…
Withholding tax is the amount that the bank is required to submit to the CRA on your behalf…
Extended long-term care could be needed.
Your parents may require assistance.
Children may still need help.
You may have unexpected travel plans.
Inflation will sap your purchasing power for decades after retirement.
Moving costs could be a big expense in retirement…
Often with overwhelming debt, people choose not to even deal with it. They let bills pile up and may not even realize how much they owe and try to ignore it…