Archive for 'Blog'
How To Talk To Your Partner About Money
Posted on 13. Jan, 2010 by Finance Animals.
We all hate the money talk. Whether you are working out the details of your financial lives before you commit, or whether you have been in a committed relationship for years, talking about money always seems to be fraught with the makings of relationship peril. Even if you don’t plan to marry, if you are [...]
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Your Most Important Financial Decision: Choosing a Spouse
Posted on 12. Jan, 2010 by Finance Animals.
I disagree with the common assumption that buying a house will be your biggest financial decision. I believe your choice of a marriage partner will be your single biggest financial decision. Besides, who do you think is going to help you make the house decision? Therefore, make your spouse decision carefully. The reasons go far, [...]
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2010 Roth IRA Conversion, Important Things to Know
Posted on 12. Jan, 2010 by Finance Animals.
Prior to 2010, individuals were permitted to convert a traditional IRA to a Roth IRA under the tax law for Roth IRA conversion. There were only two stipulations that governs the conversion: (1) you have to pay taxes on the converted money and (2) you must be within the income limit which determined your eligibility [...]
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How To Make More Money and Live Your Passion
Posted on 08. Jan, 2010 by Finance Animals.
Your financial life has a certain trajectory — similar to a train on a track. There will be twists and turns, but you can easily determine where you will end up if you stay on the financial track you’re currently on. What if the traditional methods of working hard, cutting expenses, and saving don’t work [...]
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Saving in Your 20s To Have More Security for Your 30s and 40s
Posted on 08. Jan, 2010 by Finance Animals.
In your 20’s and don’t think that you need to worry about your security later on down the line? There’s no need to worry about making yourself secure for once you reach your 30’s and 40’s, right? That’s probably the mentality of most people who are twenty-something. Most are in college or are just having [...]
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How To Buy A Used Car
Posted on 07. Jan, 2010 by Finance Animals.
The first step to buying a used car is choosing a vehicle, or at least narrowing your options. Ask yourself: How many passengers do you regularly carry? What sort of trunk or cargo space do you need? What is the minimum gas mileage a car has that will stay within your budget? What would your [...]
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Best CD Rates (Certificate of Deposit Rates), January 2010
Posted on 07. Jan, 2010 by Finance Animals.
The following is a list of the nationally available highest yields 12-month CD rates. In general, certificates of deposit (CDs) are great investments because your principal is protected by FDIC insurance and your interest rates are guaranteed. Moreover, you can use CD Ladder to make your CD savings more flexible and effective. You can open [...]
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5 Reasons Why Teens Should Work (Even if it Results in Lower Grades)
Posted on 05. Jan, 2010 by Finance Animals.
Some parents worry about the double edged sword of teens and work. On the one hand, there is some research that suggests teens who work might get lower grades. On the other hand, a teenager who works will probably learn some important life skills. Should your teen work? What is more important – grades or [...]
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Top 10 Financial Blogs To Follow In 2010 By Category
Posted on 04. Jan, 2010 by Finance Animals.
Today, I’d like to share with everyone blogs that I read and think you should check out. For each blog, I will provide details on what is great about it so that you can understand better which blogs might be best for you. I hope that the following blog recommendations will help you find additional [...]
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Tips on Creating a Professional Income Statement Projection
Posted on 04. Jan, 2010 by Finance Animals.
An income statement of a company is crucial for understanding the financial condition of the company. It helps one in drawing a conclusion that whether a company is making a profit or loss. In finance terminology, it is a kind of financial statement in which the revenue collected by a firm are mentioned along with [...]