RSSPersonal Finance

FIRE – Financial Independence, Retire Early Is A Bad Idea

| June 20, 2024
FIRE – Financial Independence, Retire Early Is A Bad Idea

Pros and Cons of the Fire Movement FIRE, or Financial Independence Retire Early – is popular among millennials – and older adults too. Inspired by the classic book, “Your Money or Your Life,” by Vicki Robin and Joe Dominguez, FIRE is an acronym – Financial Independence, Retire Early. Thousands of diligent workers are striving to […]

Continue Reading

Which Investment Type Carries The Least Risk?

| May 28, 2024
Which Investment Type Carries The Least Risk?

7 Low Risk Investments A common question from investors with different experience levels is, “Which investment type typically carries the least risk?” First, when determining whether an investment is low risk, it’s helpful to figure out your risk tolerance and understand what low risk, safe investments mean. Then, you can examine the riskiness of an […]

Continue Reading

The Art Of Mindful Spending: 7 Psychological Secrets To Master Your Finances

| March 14, 2024
The Art Of Mindful Spending: 7 Psychological Secrets To Master Your Finances

Getting your budget under control often feels like starting a new diet. We can all relate to the invigorated feeling of committing to a new wellness plan, only to grab that irresistible scoop of ice cream after a long day. Before you know it, your diet is derailed, and you keep telling yourself that “tomorrow […]

Continue Reading

How To Reach Financial Goals: 12 Habits To Get You There

| February 22, 2024
How To Reach Financial Goals: 12 Habits To Get You There

Personal finance goals are specific objectives that individuals set to achieve desired financial outcomes and improve their financial well-being. It involves having the financial stability and resources to live the life you desire, without being bound by financial constraints. Whether it’s retiring comfortably, pursuing your dream career, or enjoying a certain lifestyle, taking the time to reach […]

Continue Reading

Contrast The Differences Between Short-, Medium- And Long-Term Financial Goals To Build Wealth

| February 6, 2024
Contrast The Differences Between Short-, Medium- And Long-Term Financial Goals To Build Wealth

Understand Why to Contrast the Differences Between Short-, Medium- and Long-term Financial Goals and Become a Better Investor Financial goal setting might be the next best thing to working with a smart financial advisor, and it’s free. Lack of financial goal setting is akin to driving cross country without GPS. Without a plan, it’s unlikely […]

Continue Reading

Unlock The Power Of Passive Income For Financial Freedom

| February 1, 2024
Unlock The Power Of Passive Income For Financial Freedom

The allure of passive income — imagine an image of cash flowing effortlessly into your account as you relax on a sun-drenched beach — this image has captivated many with dreams of financial freedom. Since founding NetPicks in 1996, I’ve learned firsthand that the reality of running a business is anything but passive. I think […]

Continue Reading

Smart Money Moves: Wealth Management Tips For Long-Term Growth

| January 25, 2024
Smart Money Moves: Wealth Management Tips For Long-Term Growth

With the new year upon us, you’re standing at the crossroads of financial mediocrity and wealth mastery. The path you choose could redefine your life. If you want to ensure long-term growth and stability, honing your wealth management tactics is an excellent first step. Now, you might be wondering about the best ways to rebalance your […]

Continue Reading

Statistically These Are The Worst Ages To Claim Social Security

| December 19, 2023
Statistically These Are The Worst Ages To Claim Social Security

Social Security is more than just a monthly check for many Americans; helps them have a comfortable living. Thus, it is very important for people who plan to claim Social Security in the near future to maximize their benefits amount. One of the biggest decisions that help the recipient maximize benefits is when to claim Social Security. […]

Continue Reading

Dealing With The Emotions Of A Volatile Stock Market

| November 16, 2023
Dealing With The Emotions Of A Volatile Stock Market

Recent volatility in the stock market has people reassessing their appetite for risk. Investing in a bull market is easy as it seems the only way equities go is up. The recent bull market has an added way of lulling people into a false sense of security. Last year many indexes never saw even a […]

Continue Reading

Fidelity’s Retirement Saving By Age Inspires Tips For Retirement Saving

| October 26, 2023
Fidelity’s Retirement Saving By Age Inspires Tips For Retirement Saving

The goal of Fidelity’s retirement savings guidelines is to use a portion of your earnings today and make them last, so that you’ll achieve your desired retirement lifestyle. Your preretirement annual income must cover current expenses and future financial goals, such as vacations and college tuition along with income replacement in retirement. Fidelity’s retirement savings […]

Continue Reading