If you’ve been paying attention to the stock market at all in the last year, you are likely aware that retail investing is booming. Maybe you have even noticed some of your friends or family members who never seemed interested in investing have recently started buying and selling securities and options. [Read more…] about A Straightforward Guide on How to Make Your First Investment
Finance | Get the real facts about personal finance.
What’s better than one large source of income?
Multiple sources of income that regularly rake in money, right?
Having money flowing in from different places is extremely powerful.
First, your earning potential increases. Second, you can benefit from both active and passive income sources. Third, multiple flows of income is the Holy Grail of financial freedom.
It’s long been known that the average millionaire has seven or more streams of income. So, you’ll want to learn this skill today. [Read more…] about How to Effortlessly Create Multiple Flows of Income in 2021
Real estate is a great investment, and selling your home could net you a hefty profit. However, that large profit can mean a big tax bill, which can reduce the amount you get to pocket from the sale. It may also dampen your plans to move to a new location.
Fortunately, there are critical moves you can do to reduce the taxes you owe when you sell your primary residence.
[Read more…] about How To Sell Your Primary Residence And Not Pay Taxes On The Profit
Many people have moved homes or locations during the COVID-19 pandemic. With the ability to work remotely, there is no need to pay sky-high rents.
But, what if you’re locked into a lease for another six months or twelve months? What if you already own a house or condo and don’t want to pay the mortgage while you’re traveling.
You could stay and see the lease through. Or, you could learn how to sublet your place and have those payments taken care of by another person. [Read more…] about A Starters Guide to Subletting: How to Sublet a Condo in 7 Simple Steps
If you have a junk car on your hands, you’re likely desperate to get rid of it. Selling it on a site like Craigslist can be cumbersome, and in some cases, out of the question. However, even a junk vehicle has value, so the question becomes, how can you best cash in? [Read more…] about A Brief Guide on Junking a Vehicle