According to a report from the Bureau of Labor statistics, the average American spends nearly 5 percent of his income on entertainment. Finding a way to reduce entertainment costs while taking up inexpensive or free hobbies can improve your quality of life — as well as your checking account balance.
Subscribe to Money RSS feed
So what does Dave Ramsey think is the No. 1 thing you should do in 2015? His advice is simple.
Heading home for the holidays can come with a hefty price tag. Although gas prices are the lowest they’ve been in years, if you’re renting a car, increased demand during the season means you’ll likely encounter higher prices — especially if you haven’t already locked in a rate.
Everyone wants to get rich, but it takes a certain amount of dedication to join the ranks of the well-heeled elite. If you’re serious about generating a truly sizeable income, you have to work hard, stay disciplined and be willing to make some big moves outside your comfort zone.
The new year is right around the corner, and right now, many people are thinking about their 2015 resolutions. But you don’t have to wait until January 1 to get your personal finances on track; there are plenty of smart things to do with your money before the end of the year.
Warren Buffett didn’t become the world’s fourth richest person by accident — he is one of the most strategic and calculated investors of our time, with a long-term investment strategy that has been described as the “Rip Van Winkle approach.”
Uncle Sam and Congress have long distinguished between income paid due to a person’s individual effort, such as wages or self-employment earnings, and income received from the profitable sale of assets knows as capital.
With job numbers on the rise and the economy slowly improving, there are only a few factors still keeping the Federal Reserve from raising interest rates — and one of the main ones is inflation.
From now until Christmas Day, it’s a brief time of year when it’s OK to spend some extra money, since we get to buy family and friends some cool stuff. But the spending can start to become a problem when it keeps going on and on, and gets more and more expensive.
As an expert in investing, as well as business and personal development, we asked Robert Kiyosaki what the No. 1 thing is that Americans can do to set themselves up for financial success in 2015. Here was his response: