With the recent interest rate rise by the U.S. Federal Reserve, it stands to reason that there can only be one victor between the U.S. dollar and the price of gold. The two are both heavily related to each other since gold is denominated in dollars. After all, any increase in the purchase of the… Read more
Viewing category: Money
Donation Done Right: Making Your Charitable Contributions Work for You
Everyone wants to be benevolent, but when you are struggling to overcome debt and win financial independence, it feels impossible to spare even a penny for the less fortunate. However, when you donate properly, both you and your organization benefit. Charitable contributions are fully deductible on your annual income taxes, which means you can help… Read more
The Hidden Cost of Moving
Moving to a new home isn’t as simple and as straightforward as it might seem. There is a range of hidden costs involved with moving to a new place. In addition, these hidden costs can move into the thousands of dollars. However, it’s not just the big parts that can cost you. It’s the little… Read more
Can You Borrow Your Way to a Better Credit Score?
According to most economists, the financial crisis ended over six years ago. Banks are once again flush with cash, interest rates and inflation are down, and consumer confidence and employment are both up to pre-recession levels. While the amount of personal credit card debt is soaring, other forms of credit remain out of reach for… Read more
Diversifying your savings and your investments
As I talked earlier this week, I advocate a great level of diversification, and that you don’t put all your eggs in the same basket. Whether you choose safe investments with banks, like Heritage Term Deposits, or riskier vehicles like the stock market or my coconut investment, or even try to make a little extra… Read more
Just for Newlyweds: Answering the Rent or Buy Question
Your first year as a newlywed couple can be a parade of beautiful firsts. One of the most beautiful of those can help cement the relationship just as well as getting married can: it’s deciding on the place that you will call home. It’s a place that you can either buy or rent. Which way… Read more
Traveling to the Bahamas on a Budget
You don’t need to be rich to travel. As a matter of fact, even a vacation to the Bahamas can be affordable if you know how to travel on a budget. With these tips, you can travel in style without breaking the bank. Travel Off-Season People travel to the Bahamas all year round. However, the… Read more
eToro social trading platform review
Online trading is one of my favourite ways to make money on the side. Firstly, it is pretty easy to set a trade and forget about it. For example, if you invest in an index, you can just buy it and set to buy more if it goes down, then sell when it goes up… Read more
Is Searching for Coupons and Discounts Worth the Trouble?
There are some people born for deal hunting. In the days of yore, these folks would’ve been outfitted with a binder full of paper coupons, carefully clipped and categorized for maximal savings. You or someone you know may still hunt for savings this way, but most people of this ilk have found a way to… Read more
5 Ways to Waste Your Money in Your 30s
Those who are in their thirties need to come to the realization that the financial decisions made now will affect the remainder of their lives (and potentially the lives of their children). Unfortunately, there are some common mistakes that can literally cripple one’s financial future. Let us take a look at five pitfalls and… Read more
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