Living with debt is something that everyone tries to avoid.  However, it can be extremely difficult when you are trying to balance a growing family and running a small business.  The key is to not let it bring you down.  Instead, learn how to use debt to your advantage.  As such, here are some tips on how to use debt to your advantage. Tip 1 – Keep it in Perspective There are times when taking on debt is inevitable; examples of this include buying a house or even a car.  While it is noble to save up to pay for […] Read more »

There isn’t a magic number of credit cards you should actually have. If you know where to look though, there are plenty of guidelines out there suggesting how many credit cards are optimal for you to have, in order for you to maintain your best possible credit. Walter Cavanagh, as an extreme example, has 1,497 valid credit cards which amount to a $1.7 million line of credit. He’s the record holder in “Guinness Book of World Records” since 1971, and the book gave him the title “Mr. Plastic Fantastic.” Most suggestions, however, range from a few cards up to a […] Read more »

Many online traders choose to focus solely on technology companies, as the tech industry is among the most dynamic investment sectors in the world. The first stop for most tech traders is the NASDAQ. The NASDAQ consists of leading software developers, online service providers, media outlets, consumer electronics companies, and healthcare firms, all in one massive index, making it the world’s second-largest exchange by market capitalisation, following the New York Stock Exchange. The NASDAQ100 list, however, is made up of only the largest companies, primarily from the technology sector. NASDAQ stands for “National Association of Securities Dealers Automated Quotation”. Founded in 1971, the NASDAQ […] Read more »

Debt is an insidious thing. It creeps up on us, often so slowly that we barely notice we are in debt until it’s too late. A few profligate spending sprees, an unexpected bill or two and some poor decisions are all it takes to saddle us with more debt than we can handle. Royalty Free Photo There are many reasons why we fall into debt. Sometimes, events out of our control happen and there is very little we can do about it other than deal with the consequences, but the main reasons why people end up indebted are: Poor Money […] Read more »

Special occasions like weddings, graduations and baby showers are major milestones in our lives and those of our friends and family. Celebrating these events make for priceless memories, but often times these events come as a surprise. This can wreak havoc on budgets that aren’t prepared to funnel funds for gifting and other related expenses. According to the latest American Express Spending & Saving Tracker report, guests spent between $99 and $127 on wedding gifts in 2016. The National Retail Federation tracked graduation gift spending at an all-time high in 2016, with the average price of adult spending at $106.45. […] Read more »