Category: Personal Finance Infographics
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The Importance of Trading Psychology and Discipline
As a trader at any skill level, you know how important it is to do your homework and understand the status, fundamentals, and inner workings of a company that you are investing in. It’s also important to recognize the direction of the market’s trends. However, it is actually even more important to maintain a high…
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What Happens to Your Money When You Die?
We all know that when our lives on Earth are over, we no longer own any asset or property. So what happens to your money when you die? If someone dies with no estate plan or written will, his or her estate will be distributed in accordance to the intestacy law — the assets will…
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Home Buying Tips for First Time Buyers
A lot of things to consider when buying a house for the first time; mortgage application, home inspection, appraisal fees, homeowner’s insurance policy, etc. The moment you decide and plan to buy a new home in the future, start monitoring the housing market for latest trends. Keeping track of prices a few months ahead of…
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The Frivolous Spending of Student Loans On Other Things
Many college officials and former students can tell stories of friends who spend some of their student loan funds for a lavish lifestyle. Instead of spending the cash on textbooks, school supplies, room rent and transportation, they buy new gadgets, expensive clothing, restaurant meals, drugs, alcohol or party hard on spring break. While it’s entirely…
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Wedding Ideas on a Tight Budget
We all know weddings aren’t cheap and the expenses can mount up rapidly. Even just choosing the wrong date and venue can ruin the budget of the groom and bride. Frugal wedding doesn’t have to mean you give up the things that makes the marriage ceremony fun. From renting a venue and getting married on…
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8 Sad Facts About Women’s Retirement
Working women are falling short behind men when it comes to retirement planning and savings according to Transamerica Center for Retirement Studies. Because of their maternal duties and other caregiving obligations, female workers enter and leave the workforce more frequently. On top of that, they receive lower salaries than men so they retire with smaller…
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How Does Capital Gains Tax Work
Capital gains taxes are incurred when you sell, give away or transfer an investment that’s increased in value like stocks or real estate. If you kept the house for over a year before selling that property, you are taxed with a long-term capital gains rate, and short-term for less than a year. The rate differs…
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The Rise and Shine of Bitcoin
Bitcoin, the first decentralized cryptocurrency, is the perfect form of digital money for the internet mainly because it is fast, secure and no boundaries. It became a low-cost method which allows citizens to transmit virtual funds that bypass their government’s financial system. The very first bitcoin transaction happen in January 12, 2009 when Satoshi Nakamoto,…
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How Much Obamacare Premiums Are Going Up in All 50 States?
The premium for 2017 Obamacare plans, purchased on federal HealthCare.gov, will rise by an average of 25%. That is roughly triple the percentage increase seen from 2015 and 2016 plans. The price hike come after big insurers reported substantial losses on their healthcare business. The Affordable Care Act(ACA) required that insurance companies not to deny…
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Black Friday vs. Cyber Monday: When to Buy the Best Deals
For American shoppers, Black Friday and Cyber Monday are the best days to seize a bargain deal and save a lot. But with the busyness of the shopping holiday and the madness of the sales, should you wait until Cyber Monday sales to shop online or rush to the store for Black Friday pandemonium? Here…