June 2022 marks the 250th anniversary of the outbreak of the 1772-3 credit crisis. Although not widely known today, this was arguably the first “modern” global financial crisis in terms of the role that private-sector credit and financial products played in it, in the paths of financial contagion that propagated the initial shock, and in … Read more
Since most people don’t grow up with a complete understanding of how to manage their money, concepts like budgeting and personal finance can seem restrictive because they are. Listen to the Podcast You can subscribe to my podcast on any of these sites below. A concept that’s not commonly addressed is irregular income. … Read more
The following piece by Bryan Taylor from Global Financial Data is brilliant. It demonstrates that money troubles and problem debt are nothing new. The turmoil you and others might be feeling today is the same internal shame, fear, and struggles people have been dealing with since the beginning of time. Tiberius ruled the Roman Empire … Read more
1. Sell Items Online We all have a hoard of possessions we no longer need or use. Whether it’s old clothes, household appliances, or collectibles, listing them online could earn you a few extra dollars. Take a look around and sell anything collecting dust. It’s relatively low effort and commitment, an excellent way to get … Read more
No matter how well you take care of your car, it will need repairs and parts replacements during its lifespan. Taking your vehicle out on the road places stress on its components. It will degrade and depreciate as time goes on. Because major automotive repairs can cost you, it’s best to set aside an emergency … Read more
[Editor: I felt this guest post was very informative for readers and consumers to understand how a small business might decide to pursue people over debt.] Small claims courts are part of our legal system. They help resolve minor disputes without engaging in lengthy (and often expensive) lawsuits. For example, when it is clear that … Read more
Here is a very informative post from the Federal Reserve Bank of New York. There can certainly be some arguments raised comparing the cancelation of the gold standard to back the U.S. dollar and the position that cryptocurrency like USDT does or does not need to be backed by actual assets. Your initial reaction might … Read more
If you’re planning to lease a vehicle, you must get a comprehensive car insurance policy. Some people think that they don’t have to get insurance for a leased car because they don’t own it in the first place. But you need to be insured when you’re driving a vehicle, whether you own it or not. … Read more
Everyone wants to save money on their car insurance. Did you know one of the best ways to save is by getting more quotes periodically? That’s right, the best way to find cheap auto insurance in your area is by comparing quotes more often. Twice a year, or every six to twelve months, is the … Read more
While some drivers have been through car breakdowns, others have no idea what to do when this happens. It can be overwhelming and scary when your car suddenly stops working, especially if there wasn’t an incident that caused the problem. Do you need to call the police? Should you contact your insurance while you’re sitting … Read more
Car warranties can be a helpful tool for keeping your car safe and reliable. An extended car warranty is much like the warranties that come with new cars. It covers your car’s mechanical and electrical systems, such as the engine and transmission, if they break down. Unfortunately, there are many extended car warranty scams out … Read more
The leading programming language, Python, has become a go-to tool for financial calculations and debt management. Widely used in quantitative finance to analyze large datasets, Python also allows users to manage their own money. With simple and easy-to-learn functions, anyone with basic math knowledge can use a variety of financial calculations in Python. Keep reading … Read more
Depending upon the circumstances, grief can be all-consuming, and having to face the complexities of dealing with leftover debts can feel like an insurmountable challenge. This is a general guide to assist you in better understanding how to manage a deceased person’s debts. If you remain unsure or generally feel overwhelmed by the task, it’s … Read more
By Patrick Young The time when you could expect a stable, secure job for life has long passed. Self-employment is at an all-time high, and the “gig” economy is the new normal. To survive and, indeed, thrive in 2021 and beyond, workers must embrace the entrepreneurial mindset: If you want financial security, essentially, you will … Read more
With COVID-19 causing such a lack of economic security, an increasing number of people are turning to passive income streams to become less reliant on their primary sources. But generating passive income streams isn’t just for times of uncertainty and really there is never a bad time for effortless in-flows. Next time you are looking … Read more