When it comes to organizing and paying bills on time, there are several things you need to know to make the process easy, and not hurt your credit score. So in this article, you'll learn various aspects of bill paying including prioritization, automatic payments, online paying, and tracking due dates. After reviewing and implementing these … [Read more...]
If you need money fast, there are a variety of borrowing options. But below are six types of loans that you should stay far away from. All of them come with very high interest rates and fees, and some of them can even harm to your credit. Payday Loans You may also hear these loans referred to as cash advance loans or check advance loans. The idea … [Read more...]
Have you ever the heard the funny joke about how a nuclear bomb could explode on your town, and everything would die except for the rats and cockroaches? Of course, the point is that they are virtually indestructible. Well, in the world of money and personal finance, federal student loan debt is like the cockroach that can't be destroyed. You … [Read more...]
The Financial Dojo Black Wealth Belt™ is our second highest wealth belt. It is above the Red Wealth Belt™ and below the Master Black Wealth Belt™. As a Black Wealth Belt™ holder, it means that you are approaching “rare air” financial territory. Black represents the unknown beyond the sun. It signifies a desire and openness for new and greater … [Read more...]
If you're seeking debt relief help, here's some important information you need to know about this particular industry. In this article, I'm going to point out some of the debt relief scams that are taking place in the credit repair, debt settlement, and debt consolidation areas. After reading this article, you'll know what to do to ensure that you … [Read more...]
If you're looking for ways to squeeze more from your income, then this article is going to reveal multiple areas of your life where you can save a big chunk of money by buying used rather than new items. I'll cover things such as furniture, tools, vehicles and more. Get ready because you will probably see a few eye-openers you never though … [Read more...]
Here's exactly what you need to know to eliminate or significantly reduce the cost of your monthly television cable service. In this article, I'll cover the free way, the nearly free option, and the low cost strategy. After understanding your options, you'll have the information needed to determine how to eliminate your cable bill and save a nice … [Read more...]
The Financial Dojo Red Wealth Belt™ is our third highest belt. It is above Green and below Black and Master Black. When you reach the Red Wealth Belt™ level, it’s clear that you “get it”. Red represents the energy and heat of the sun that shines upon and encourages the plant to grow toward it. Red is also the sign of danger. Red Wealth … [Read more...]
The Traditional IRA has been around since 1975. IRA stands for Individual Retirement Arrangement, but nearly everyone calls them Individual Retirement Accounts, which is perfectly fine. Traditional IRA’s were created by the government to encourage you and me to save more money toward our retirement years. One of the big things you should know about … [Read more...]
In the Green Wealth Belt mini-course, I provided a list of the best mutual fund styles that should comprise the bulk of your investment portfolio. I also laid out three Investment Portfolio Models designed to meet the needs of any investor based on their risk tolerance level. So we’ve got you covered whether you’re an Aggressive, Moderate, or … [Read more...]
In the Green Wealth Belt mini-course, I planted the first seed of getting you to seriously consider accelerating your wealth by starting a business, even on a part-time basis. It’s great that you’re investing your money and having it work for you in mutual funds and other things. But achieving your long term goals may require that you expand your … [Read more...]
The Financial Dojo Green Wealth Belt™ is the next level up from the Yellow Wealth Belt. It’s just about in the middle of the wealth belt pack. As a Green Wealth Belt™ holder, you’re like the plant seed that has just broken through the earth with the intent to reach the sun. You know the basic components and techniques of building wealth. Now is … [Read more...]
If you watch tv, read financial magazines, or just casually surf the Internet, you’re bound to be bombarded by a plethora of investment options. It’s no wonder that many people get confused. But in reality, the average person only needs to know about the basic types of investments discussed below to get their portfolio going. Just because a … [Read more...]
Before you get too far along in expanding your investment portfolio, you need to have an honest conversation with yourself and identify your investment risk tolerance level. There are very few investments that are totally risk-free. And there are others that have valuations that can fluctuate wildly up or down on an almost daily … [Read more...]
As a Green Wealth Belt holder, you probably have less than $75,000 saved up. That includes the combined total in your company sponsored 401(k) or other retirement plan, IRAs, stocks, stand-alone mutual funds, cash, etc. While that’s a nice chunk of money, it’s not really enough to justify spreading your money into lots of different types of … [Read more...]
Disclaimer: The entire contents of this personal finance and wealth building web site represent the thoughts, ideas, and opinions of Michael Holland, unless otherwise stated. You may also come across articles, videos, reports, and other content provided by (or associated with) various authors. In all of these cases, the opinions of each respective author is there's alone, and they shall retain copyright of the material as marked. There are also links that might earn us a commission. Nevertheless, the information on this web site is in no way intended to replace a one-on-one relationship or consultation with a qualified or certified financial or investment professional. Our intent is not to give you financial advice because every individual's financial situation is unique. The intent is to share knowledge and information based on the experience and research of Michael Holland and his community. Michael encourages you to make your own financial decisions based upon your research and in partnership with a qualified financial or investment professional. |