We all make financial decisions, every day in fact. It’s only natural that some of our decisions could have been better. However, when bad decisions persist they cease to be simply bad decisions (or lessons if you like) and become major obstacles to financial success.
Here’s four potentially disastrous actions.
Delaying
We’re all tempted to delay saving for [...]
And you should give it to them—because most online banks will pay a premium to watch your savings for you.
A silent, deadly killer
This premium is important when you consider the debilitating effect inflation has on cash. Inflation is a reduction in the value of the dollar. In the seventies and eighties, inflation reached visibly [...]
Would you rent a house if you had to compensate the landlord for any depreciation during your stay? What if there was also a hefty move-in and moving-out fee?
What if the house was situated in a desirable neighborhood, contained the right amenities, and you could swing the monthly payment? Thousands of home buyers unknowingly enter [...]
Have you ever heard the phrase “financial sense”?
While the phrase may sound awkward at first, possessing a head full of financial sense is just as important as common sense. Understanding how to save, spend, and invest is essential for financial success. Unfortunately, financial sense is not always the same thing as common sense.
Due to this [...]
