Finance Globe

With the cost of college on a rise, a growing number of parents are researching the pros and cons of a 529 savings plan. This allows you to save money for your child’s college, all in an account that is not subject to federal income tax.Just the same as any type of financial decision, there are things you should and should not be doing. Unfortunately, there are several 529 savings plan mistakes that have held people...

Many years ago, nobody would have given online banking a second thought. In today’s world, with so much advanced technology, this is something millions of people have fallen in love with.Most people are familiar with the primary benefit of online banking: convenience. However, there are many other reasons to experiment with this type of banking.1. No more waiting in line. Can you think of anything more frustrating than waiting in line at your local bank, all...

When it comes to saving for retirement, you know one thing to be true: more is always better. While this may be the case, some people don’t have enough time or earn enough money to reach their goals.If you find yourself struggling to save enough cold hard cash for retirement, there are other things you can do to improve your situation.Here are three alternatives to traditional retirement saving:1. Retire debt free. Are you able to eliminate...

Is retirement age closing in on you in a hurry? Are you worried that you don’t have enough money to hang up your work boots for good? If you find yourself in this position, you can take comfort in knowing that you are not alone. Of course, this won’t do anything to improve your financial situation.Here are five ways to save more for retirement:1. Max out your employer retirement plan. This is important for everybody, especially...

As a small business owner, you likely understand the importance of technology. Some companies are ahead of the times, while others are lagging behind and looking for a way to catch up.If you feel that now is the time to upgrade your company’s technology, it is important to answer these questions:Why are you making this change right now?What will you get out of the new technology?How much will it cost?The third question is the one that...

When the time comes to purchase life insurance, you have several options for starting the process.Some people know an insurance agent who can help them. For this reason, they contact the person by phone or meet in person.Then there are those who are lost, not knowing who can point them in the right direction. They know there are agents and brokers out there, but unsure of which one is best for them.If you are looking to...

In today’s day and age, most companies, regardless of size and industry, understand the importance of taking full advantage of technology. The computer you are using today may not be the one you rely on a few years down the road. While nobody wants to spend money on a new computer, this is necessary from time to time. Here are three reasons why you should consider buying a new computer for your business: 1. Slow, slower,...

As you begin your search for a new car, it is easy to get drawn in by shiny paint, high tech features, and so much more. While there is sure to come a time when you focus on the sticker price of the vehicle, there is something else you need to consider: the trust cost to own. In other words, what is the vehicle going to cost you over the long run? You know that you...

One of the best updates you can make to your home is new flooring. This can take any room, regardless of the size and style, to the next level in terms of appearance and comfort. For many people, there is only one problem with buying flooring: finding a deal they can afford. There are many steps you can follow to get the best price on flooring. Here are three things you should do: 1. Compare multiple...

Bigger is better when buying a home, right? While many people still believe this to be true, there are others who have come to realize that the “small house revolution” has a lot to offer.Here are some of the biggest benefits of buying a smaller home:1. Save on the cost. Generally speaking, the smaller the home the less it will cost. This is not to say that all small homes are cheap, but you definitely have...