You can’t make a plan for your finances without knowing where you stand. You won’t know how much you can save, borrow, contribute to retirement, save for your kids’ education, or use to pay off your debt, if you have no clue how much you have. There are three key things that let you know […]

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I used to completely ignore financial advice given by people who are broke. If they have no money, what could they possibly tell me about managing money. If you think about it, you could learn a lot from a broke person. They’ve obviously made some heavy financial mistakes. If nothing else, they can tell you […]

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One of the biggest money mistakes people make is spending more money than they have. In theory, it sounds impossible. If you only have a $100, how could you spend $200? Here’s how. How People Spend More Than They Have Dipping into savings or investments. Borrowing. Using credit. You can spend like this for a […]

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Financial advisors don’t know as much as they fool you into thinking they do.  Many of them can’t give you any detailed information about the calculations they do on your finances.  CNN Money’s mole gives advice on how to choose a financial advisor that actually knows the financial business. When you’re interviewing advisors, venture outside […]

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