Today, we bring to you a guest post. Our guest post goes over the 10 Steps to Raise Your Credit Score and Keep it There. Let’s dive in!
“CASH IS DEAD! CASH IS DEAD! Read All About it.” In my head, I picture a newsboy from the beginning of the 20th century shouting as I read the article title. The sad reality is that it is true. Cash is dying. No, it isn’t at the hands of cryptocurrencies or apps (Venmo, Facebook, etc.). Cash is dying because the cash in your bank account is LOSING value rather than gaining value. In this article, I will explain this sad phenomenon and provide you with alternative ways to increase the value of your cash.
On your road to financial freedom, you look to maximize every aspect of your budget. Your goal is to maximize your income and minimize your expenses. While many transactions or activities may result in large dollar gains, the reality is that you must win a lot of the small transactions as well to reach financial freedom. Growing up, and still today, I am a huge baseball fan. To incorporate a baseball reference here, the singles are just as important as the home runs. Using a high yield savings account is a single; but it is critical to maximizing the interest earned on your cash.
We are now in, officially, week 5 of the global Pandemic and our state of Ohio’s shut down. I have recently wrote about different stocks and industries that are better investment opportunities versus others. However, there are also many strategies to use to weather this pandemic of the coronavirus that I would encourage and explore. Continue reading
The name of the game is dividend investing. For nearly 6 years, we have talked non-stop about dividend growth investing on this website. We are always talking about Dividend Aristocrats, as we always focus on finding companies that increase their dividend. However, I realized that we have never taken a step back to explain what companies are Dividend Aristocrats and discuss what makes them so desirable. So today, we will do just that. Enjoy the next installment of our Investing 101 series!
I’ve teased over the last month that we crossed a MAJOR investing mile. I’m finally excited to share the news with everyone. Our family’s portfolio is now projected to earn over $10,000 in dividend income!
My wife and I just traveled an incredible journey to Italy. We visited Rome, Naples, Sorrento, Amalfi Coast (including Positano), Capri and Florence. We did this all in an astounding 9 nights and I documented everything we did, that ended up saving us quite a bit of money (Euro, US $, you can insert your currency here). As a frugal individual and one that loves to travel and experience the world in a reasonable approach, we learned quite a bit on how to save money and stretch either your travel or living abroad budget further, while still taking in the history and culture.