Real estate can make an great addition to almost any portfolio. However, few of us have the large amount of capital needed to buy a property, and it can be difficult to get approval for a mortgage. Fortunately, there are alternative investments that allow you to become a real estate investor without having to overcome … Read moreReal Estate Investing with REITs, Pros and Cons
Financial Freedom and Personal Finance Success by Moolanomy.comMoolanomy Personal Finance Blog is home to the 12 Steps Guide to Financial Freedom and Personal Finance Success. We discuss financial concepts in an easy to understand language to help you improve your finances and better your life.
When building an investment portfolio, most people focus on an asset allocation that includes two main types of assets: stocks and bonds. While we hear about stocks all the time (thanks to a financial media fixated on the Dow Jones Industrial Average and the S&P 500), we don’t really hear much about bonds. However, bonds … Read moreInvesting in Bonds for Beginners
One of the ways to generate passive income is through dividend investing. But where do you start? Stock picking is a term that many of us are wary of, however, there are ways to choose solid stocks for your income portfolio. One way to find the best dividend stocks is to start with the Dividend … Read moreDividend Investing with the S&P 500 Dividend Aristocrats
If you’re looking for a flexible work from home job, and you’re a decent writer, getting paid to write articles might be right up your alley. Getting paid to write isn’t necessarily the most lucrative job in the world, but it’s a great side hustle due to it’s flexibility and low overhead. Another key benefit … Read moreMake Money Writing Articles from Home
Are you saving enough for your retirement? How are you comparing to other Americans? In this article we will be looking at average retirement savings by age group in the United States. This article is using information found in Economic Policy Institute’s The State of American Retirement article, which based their information on the Federal … Read moreThe Average Retirement Savings by Age
Passive income can be described as income that you receive regularly but does not require a lot of work to sustain it — money that you make constantly whether you work or not. Although there are many different ways to make money, we will focus on money making ideas that don’t require as much ongoing … Read more21 Best Passive Income Ideas for 2019
If you paid less than 20% down payment on your home purchase, you are most likely paying a monthly Private Mortgage Insurance (PMI). The PMI is an insurance policy that protects the lender — not you. If you default on your mortgage, the lender receives payment from the insurer for the loan given to you. … Read moreHow to Get Rid of Your Private Mortgage Insurance
When money is tight and you need a little more liquidity to ease the situation, you might need to get a loan. But what if you have bad credit? Bad credit can be a deal-breaker when it comes to getting the cash you need. In fact, some banks will turn you down for a personal … Read moreBad Credit Loan: 6 Ways to Borrow Money With Bad Credit
Having high credit limits can sometimes seem like a validation of our financial success. If these lenders allow you to borrow such a large amount, they must think well enough of you and you are therefore you must be successful. For younger adults, it can even be fun competing with your friends to see who … Read moreIs it Good to Have a High Credit Limit?
Not long ago, I participated in a forum discussion: Debt Snowball vs. Emergency Fund. The premise is very simple. Should the person start an emergency fund while he’s still in debt? In this case, we are talking specifically about credit card debt averaging 15% in interest. In this article, we will follow this sample scenario: … Read moreStart an Emergency Fund or Pay Off Debt?