Enemy of Debt

  Price action trading strategy is one of the most effective ways to make a profit in the Forex market. You can use the same concept of price action trading strategy to trade the major stock market. However, many price action traders often get confused about this strategy since they lose a big portion of their investment. Many novice traders often say a price action trading system is nothing but a waste of money. If you want to make some big progress, make sure you are not trading the market just like the losers. Let’s learn about the most common […] Read more »

Wherever you look nowadays, it’s hard to escape media stories of the rising cost of living and people acquiring larger quantities of debt. It can seem that the majority of people are finding themselves with ever-increasing amounts of the month left at the end of their money. A stark change from decades gone by. Debt as a Short-Term Solution To make their money last longer, people are regularly turning to debt to plug the hole in their cashflow. This can be problematic, particularly in the long term. Martin Lewis, the legendary Money Saving Expert, regularly states that “debt is not […] Read more »

Loans of any kind are debts by default, so it’s wise to do the due research before taking money from the first creditor you find. Out of the many considerations, the interest rate charged on the loan amount deserves special attention, as that’s what will determine how much you end up paying at the end of the tenure. Royalty Free Photo The Various Factors Which Affect Interest Rates The rate of interest charged will vary. Depending on the lender, the loan type, the borrower’s credit score, and his/her credit history. Out of these factors, the loan type is going to […] Read more »

Everyone is familiarized with the fact, only 2-3% of the traders can make a profit in the Forex market. And this 2-3 % of the retail traders are the elite traders who know the definition of investment. Investment doesn’t mean you will get high returns within a short period. Professional investors always think about the pros and cons. They never risk too much in any trade even though they have enough capital. They always go with the flow of the business and manages to make a decent profit. In Forex, you must learn to go with the flow, or else […] Read more »

Financial literacy is dangerously low in this country. Indeed, a huge number of grown adults don’t know the first thing about budgeting, debt, credit, or how to plan for their financial future. Indeed, nearly half of all adults don’t know their own tax bracket. Obviously, it’s never too late to learn how to manage your finances. At the same time, though, parents of young children can and should take the initiative to educate their kids about spending and saving money. Simply imparting a few key financial lessons could help your little one avoid some big headaches once they’re all grown […] Read more »

Freelancing may be in vogue, but no one ever said it was easy. In fact, becoming a successful freelancer can be quite difficult. After all, freelancers need to play a number of roles in order to sell their services, maintain good relations with other business owners, and deliver quality products time after time. Additionally, freelancers also have to manage both their personal and professional finances. Thankfully, we’re here to help with that today. Here are our top four investments tips for freelancers –– trust us, you’ll want to keep these handy: Set Aside a Large Emergency Fund Freelancing is a […] Read more »