Anyone familiar with the stock market has definitely heard of penny stocks. In short, a penny stock is priced at $5 or below. Since they're relatively cheaper than the usual stock cost, they are popular among retail investors or new investors with modest funds. However, before investing, there are a few things to evaluate: Understand where to find the right stock for youThe risk associated with penny stocks and why they existWho should look into buying penny stocks We will go through these … [Read more...]
Why 2021 Is the Year To Get Financial Education
Interestingly enough, the most significant skill that's capable of making or breaking your chances of financial success, is hardly taught in school. You may be a graduate but have learned nothing about finance management over your time on campus. 2020 wasn't the easiest of years, especially if it pushed you to dip into your emergency savings, or worse, into debt. As such, a lot of people are looking to rebuild their financial stability in 2021. Regaining economic momentum isn't always a … [Read more...]
How to Manage a Financial Emergency
We all try our best to be prepared for a financial emergency. Maybe it is a wine jar full of loose change we could cash in to pay for some groceries or a birthday card full of cash tucked away in a drawer until we really need it. Of course, there are times a person may not even have those types of options. When a financial emergency occurs, what can you do to make some extra money? Read on for five tips that could help. 1. A Side-Hustle 1. A Side-Hustle There are a lot of side … [Read more...]
Why You Should Talk to Your Kids About Money
Talking to your kids about money is not always enjoyable. They might not understand that you have to work hard to earn it, that you can't spend all of it and that some people will always have more than you. The conversation isn't fun, but it's necessary. Here's why you need to talk to your kids about money: Kids Will Follow in Your Footsteps Kids are like little sponges. They absorb everything around them. So, if you have any financial habits that you don't want them to copy, you need … [Read more...]
3 Essential Financial Tips for Startup Restaurants
There aren't a lot of things that are more satisfying and rewarding than running a successful restaurant. After all, not only are they potentially lucrative business endeavors to pursue, but they also offer plenty of room for creativity. But don't be fooled: getting the desired results in these types of ventures is by no means an easy task, especially when you consider how competitive the industry is as well as the fact that there are no guarantees in the food and service business. But even … [Read more...]
Want To Make Highest Return On Property Investment? Then See This…
There is no doubt that real estate property investment is a great investment option. Many investors adopt this investment method to earn a profit on their properties. There are more than one ways to earn a return/profit on the investment property such as via rental income or reselling the property. But before you could decide how you wish to earn the profit it is quite important to consider some things. This article sheds light on one of the most important factors that have a significant impact … [Read more...]
