This blog is not usually preachy, nor an advocate for any certain or specific rights over others. However, some very basic rights granted to all of us are very much tied into personal finance. First and foremost, the right to be gainfully employed, and a reasonable amount of security that goes into retaining that employment. If you are unaware, then you need to brush up and learn about unfair dismissal. With the economy still climbing it’s way out of the hole, employers tend to have their pick of the employment litter. … Read the rest
Financial spread betting is a unique investment, and one that is heavily employed in the United Kingdom. Most investors are used to the typical price point of an investment. Meaning, they invest a certain amount of money initially, and when they cash out their investment, they expect that future price point to be much higher. Essentially that is your reward for the opportunity loss of capital tied up within an investment. However, spread betting derives its profits from the difference between the two price points, rather than the prices themselves.
It is important to understand though that spread betting can be both an attractive investment, and one that has its risks as well. … Read the rest
Teachers or students, who have taken a loan in order to pursue further education like a master’s degree through the Stafford Loan or the Plus Loan programs, may have some good news. There is a federally sponsored program for those individuals who may have some difficulty paying back their loan through a Teacher Loan Forgiveness Program. With this program an individual may actually be able to save as much as $17, 500 by getting it cancelled. In fact, any loan supervised by the Federal Family Education Loan Program(FFEL) as well as William D. Ford Federal Direct Loan Program may be eligible for the forgiveness program.… Read the rest
To get the iPhone or the Android, that is truly the question! I’m not used to Apple products, and I will be the first to admit that I was a steadfast blackberry user, though it shames me to admit that now. I found myself in the two-year renewal period with my phone service provider, and I just wasn’t sure what to do. I’m by no means a technical genius, and the simplest of applications can confuse me, but you can’t fight progress…so I decided to acclimate myself. I ended up purchasing the Droid Bionic. My decision was born from a few different reasons. … Read the rest
It’s been over two years since I purchased my home. I figured after the hefty down payment and associated closing costs that all of my big ticket items were out of the way. That couldn’t have been further from the truth. I came from several years of renting apartments and houses with several different friends. Each of us brought our own bedroom furniture, and a compilation of used tables, chairs, and couches that didn’t come close to matching each other. Once I bought my house I realized just how empty it all was. I went from sharing 1600 square feet of living space with three guys, to having over 2300 square feet all to myself. … Read the rest