Finance Globe

U.S. financial and economic topics from several finance writers.

How to Create a Will?

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Now that I have a child on the way, I have done some research and learned that I likely need to create a will. I never really thought about having to draft a will, but now that I am married and have a child on the way, I thought it would be a good idea to check it out. Based upon my research, below are some helpful tips on creating a will. Please share if you...
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Wanderer
This is an important life document! If a person becomes deceased without a will ... most often they are at the whim of their state... Read More
Sunday, 04 November 2018 12:24
Frank
It is a very important life document! its been my first experience putting one together, but I am learned a ton!
Wednesday, 21 November 2018 14:06
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Don’t Overspend on These Holiday Road Trip Expenses

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With the holiday season just about in full swing, now may be the best time for you to make your travel plans. While some people hop on a plane to reach their holiday destination, others get behind the wheel and hit the road. Taking a holiday road trip can be a lot of fun, however, it can also set you back quite a bit of money if you’re not careful about your approach. Here are three...
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Frank
My last holiday road trip was last year, and I spent ~$500. I was able to stay with family so no lodging costs. Gas and food were... Read More
Monday, 29 October 2018 11:49
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Avoid These 3 Ways of Paying for Holiday Gifts

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With the holiday season approaching, now’s the time to plan out all the gifts you need to buy. In addition to knowing who to buy for, you must have a clear idea of what you can afford to spend. Taking your plan one step further, outline the manner in which you’ll pay for gifts. In a perfect world, you’re able to pay for everything with cash. Not only does this keep you on budget, but it...
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Frank
I typically pay with my credit card, but pay off the credit card before the interest is due.
Monday, 29 October 2018 11:41
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How to Prepare for the Next Recession

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If you survived the Great Recession of 2008, then you know just how bad it can get. Companies layoff employees. Household income declines while unemployment and bankruptcies rises. The country and consumers experience financial hardship in a grand scale. A recession is happens when the economy declines six months in a row. It’s hard to predict exactly when a recession will hit or what will cause it, but knowing there’s a possibility means you should be...
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Frank
I would recommend at least 3 months of savings. 6 months is better, but I would recommend at least 3 no matter what.
Monday, 29 October 2018 11:43
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Answer These 7 Questions Before Applying for a Personal Loan

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You’re almost positive that a personal loan is exactly what you’ve been looking for. As excited as you may be, don’t jump into this just yet. Instead, take the time to answer a few key questions: 1. How will you use the loan? There’s no good reason to take out a personal loan unless you have a clear idea of how you’ll use the funds. Are you consolidating debt? Taking care of a medical emergency? Tackling...
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Frank
Thanks for this consolidated list Chris. A minimum of 3-5 lenders is a good idea, and I would recommend more if you have time. The... Read More
Monday, 29 October 2018 11:40
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Best Personal Finance Apps

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Nowadays you can do so much on your phone, including your personal finances. There are also a ton of options out there and they are not all equal! Below are my favorite budget and personal finance apps. Mint: This is the gold standard app for your personal finance needs. The app is effectively an all-in-one resource for creating a budget, tracking your spending, and monitoring your overall finance needs. Mint lets you know when bills are...
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Frank
I would like to add the majority of these apps can be extracted into Excel if you prefer to use and analysis in Excel.
Monday, 29 October 2018 11:36
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Here’s Why You Should Shop for Baby Supplies Online

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It doesn’t matter how many children you have, you’ll soon come to realize that keeping your house fully stocked with supplies would be in your best interest. After all, you never want to find that you’re out of diapers, formula, or another essential item. While you can always purchase what you need at a local big box store, there are many reasons to get into the habit of buying online: •    Lower prices. There’s no better...
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Finance Globe
Great points Chris, and especially true in the early years. The conveniences of online shopping usually makes it worthwhile for ex... Read More
Saturday, 15 September 2018 12:58
Frank
ChrisB, How about testing these products out? Is there any benefit to seeing some of these products in person?
Wednesday, 26 September 2018 14:24
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3 Things to Negotiate With Your Cable Company

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Even with alternatives – such as streaming live TV services – cable companies continue to charge an arm and a leg. If you’re tired of overpaying, but not yet ready to cut the cord, it’s time to contact your cable company with the idea of negotiating a better deal. Once you make the call, there are three distinct things you should negotiate with your cable company: 1. Cost of Service This is the big one, as...
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Frank
Call your cable company atleast once every 6 months to get a refresh of new deals. They usually can offer you a low rate.
Wednesday, 26 September 2018 14:17
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Overpaying for Internet Service? There are Ways to Save

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In today’s day and age, internet access is no longer a luxury. Instead, most people consider it a necessity.With this in mind, you may find yourself searching for a reputable internet service provider that offers affordable pricing.Unfortunately, this can be difficult to come by. On one end of the spectrum, the most reliable companies always seem to charge an arm and a leg.On the other side, you can save a few dollars per month, however, it’s...
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Frank
I pay $60 a month, but its bundled with my TV so not sure if that is directly comparable.
Thursday, 30 August 2018 09:25
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Become a Real Estate Agent: Full-Time or Side Hustle

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Did you know there are approximately two million active real estate licensees in the United States? Or how about the fact that there are more than 85,000 real estate brokerage firms operating in the United States? With statistics like this, it’s easy to see that there is money to be made in the real estate industry. The average real estate agent earns roughly $44,000 per year, with some earning a lot more (well into the seven...
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Frank
I have been thinking about doing this for awhile not, but I am thinking it will be difficult to manage part time. Has anyone has s... Read More
Thursday, 30 August 2018 09:20
Frank
Chris are you a licensed real estate professional?
Wednesday, 26 September 2018 14:14
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