Top 10 Ways To Save On Home-related Expenses

Banks have sold the idea of homeownership as being an integral part of the American Dream. And, why not – having a piece of land and an abode to call our own is alluring. No more fighting with landlords and inconsiderate neighbours. No more questionable neighbourhoods and badly-maintained rentals. Shortly after moving in, though, the honeymoon ends. From the first big maintenance bill to the cost of heating in winter, there’s no doubt about it – owning a home ain’t cheap. (1) Make you...
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April 2019 Net Worth – $886,628

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... Another great month. Can't complain about the YTD gains, unfortunately, can't expect them to continue at this pace either. I'll enjoy it while it lasts.
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5 Ways you can Effectively Manage your Money

When it comes to managing their finances, Australians aren’t exactly the best. In fact, according to OECD Data, household debt to income in Australia rose from 104% to 212% between 1995 and 2015. To break the debt cycle, you need to have a better understanding of what your income and expenses are to start managing your money more responsibly. Once you have a better idea of your financial position and obligations, it makes it easier to manage essential payments like rent or mortgage, bil...
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Looking for an internship for Summer 2019? U.S. Money Reserve Has the Answer

Internships are an excellent way to build your resume for future endeavors, gain experience in various positions, and immerse yourself in corporate cultures. While in college or pursuing a career path, internships offer a great deal of value for students and emerging professionals alike. The impact of internships on the future of one’s career is impressive. On average, recent grads with internship experience gain employment at a higher rate than those who did not participate in such program...
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Is Mortgage Interest Tax Deductible?

Everything You Need to Be Considering For homeowners, a mortgage is an unfortunate fact of life. Whether you got a great deal on a property or not, the debt you take on still negatively impacts your financial situation. However, there are some upsides to shouldering a mortgage – primarily when it comes to your taxes. In some cases, any interest that you pay on your mortgage is tax deductible if you correctly itemize it on a tax return. Of course, this isn’t true for every situation, and ...
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What Businesses Need to Know About Making and Receiving Cross-Border Payments

Germany is the third largest importer and exporter in the world. It 2016, the value of its imports and exports stood at $1.05 trillion and $1.32 trillion, respectively. The country’s top export destinations include the U.S, France, the UK, the Netherlands, and China. Its top import origins include the Netherlands, France, Belgium, China, and Italy. Needless to say, considerable money flows in and out of the country for business purposes regularly. Give the significant volume of internati...
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March 2019 Net Worth – $855,939

Every month I post my updated net worth for those that are interested in following my progress. I have been tracking my net worth online since January 2006. I look forward to compiling the numbers each month, and doing so keeps me motivated, focused, and accountable. The numbers... There are two ways I can look at these numbers and both are true, but they paint different pictures. #1 My net worth has grown by over $100,000 in the last three months. #2 My net worth has only...
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Hard Money Loans – Things you should know!

What are Hard Money Lenders? Hard money lenders are basically private individuals or companies who lend capital in order to finance real estate transactions for business purpose (i.e., flipping houses or buying rental property). Hard money lenders fill the void that banks and traditional lenders refuse to do, by loaning on distressed properties and providing the funds necessary to rehab/renovate a property. Hard money lenders offer programs with rates, terms, and fees that are generally ...
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Say Goodbye to Debts: Road to Your Financial Freedom

Most young people tend to be easy going especially when it comes to money. They buy things left and right as long as they have cash with them. And worst case scenario is that they even spend money that they do not actually have just to satisfy their wants sometimes more than their needs. This is commonly in the form of credit card debts and loans. This is only fun in the beginning but when it’s time to pay the bills and the debts piled up, that’s the time you will realize that you should’ve...
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Not Enough Money to Start a Business? Try These Financing Options

Today, countless Americans launch their own business each year, driven by the rise of the internet, and a growing number of new company opportunities. According to the Small Business Administration (SBA), the number of companies available to invest in grows every year. There are still plenty of opportunities out there to discover your own personal brand of success. However, before you can change the world with your product or service, you need to find a way that you can finance its init...
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