Money management for teens and young adults can be difficult. Between learning to live on your own, working to pay bills, and saving for the future, it’s a lot to handle. But with a few basic tips, you can make money management easier and help set yourself up for financial success down the road. What…
At some point in our lives, we all suffer from a bit of bad luck. Maybe you lose your job or encounter an unexpected medical expense. Whatever the case may be, suddenly finding yourself in need of cash can be a stressful experience. Best Loans by Type Best Peer to Peer Loan (Crypto) Rates 3%…
A lot of people think that trading options is complicated and risky. But done correctly nothing could be further from the truth! Trading options is quite simple and can be a great way to supplement your trading strategy. Here’s a guide with everything you need to know about trading and selling options. Options Trading for…
What is a life insurance retirement plan (LIRP)? A life insurance retirement plan, also known as a LIRP, is a cash-value life insurance policy that provides tax-deferred growth and the ability to access the cash value component through policy loans. It is one of the few retirement income strategies that does not have contribution limits,…
What is the average net worth by age? And more importantly, how does my net worth compare? While there isn’t an exact answer to this question (net worth can vary greatly from person to person), we can take a look at some interesting statistics to get a better idea. So, if you’re curious about where…
The images on this post are from the Tastyworks trading platform. I am a personal user of the tastyworks trading platform and believe it is a great choice for anyone who will be trading options, specifically selling options. They not only provide a high-quality product but their support team is amazing. I have emailed them multiple times…
How are you so frugal? It is a question that I am asked all the time. And it is a valid question because being frugal is not about being cheap, it is more of a way of life. The goal of being frugal is to have more time because you need less money. We live…
Difference between stock and options Are you new to the world of personal finance? Confused about the difference between stocks and options? You’re not alone. In this blog post, we’ll break it down for you and explain the pros and cons of each investment. The age old debate Stocks vs Options! Keep reading to learn…
For most people, the prospect of buying a house can feel daunting. But it’s not impossible! With rising mortgage rates, having a proper down payment has never been more important. Being able to come up with a 20% down payment won’t be easy, but with a plan, you’ll be one step closer to your dream…
I have had several years of experience with stock options trading, and it has been a huge emotional rollercoaster. I began by selling strangles but didn’t find much success. I would make money on some trades, only to lose it all–and then some–in one bad trade. At first, I thought this was because the strategy…
When it comes to budgeting, sometimes it can be very difficult to find places to make cuts. With everything costing a few extra bucks, it can be scary when looking at your monthly budget. Let me share with you a few things that I’ve done over the past few months to help secure my finances…
Do you want to be a self made millionaire? Do you want to achieve financial freedom so you can spend more time with loved ones? Then you should know that most self-made millionaires don’t achieve success accidentally. There are certain traits and habits that almost all self-made people have in common. By following in their…
The images on this post are from the Tastyworks trading platform. I am a personal user of the tastyworks trading platform and believe it is a great choice for anyone who will be trading options, specifically selling options. They not only provide a high quality product but their support team is amazing. I have emailed…
It seems no one likes talking about their finances! I’m not sure if it is my line of work or just most people I talk to have no clue on how to improve their financial situation. Well, I’m here to give you some tips on one of the most important things in changing your “luck”…
There is a false belief amongst most people who struggle with money. The belief is that being poor is a lack of money. While they are correct by definition what they miss is that the main difference between them and wealthy people usually has more to do with mindset and daily habits than anything else. …
Have you ever attempted to remove paint from cement or other solid surfaces? If you have, you know it is painstakingly tough. If you haven’t, and plan to, then consider yourself lucky. I have done the hard work of finding out what does and doesn’t work for you. Paint removal is by no means easy,…