Personal Finance Articles

Let's face it weddings are frustrating and expensive. With an average wedding today costing $20,000 you need all the help you can get to save money. Here are some tips I learned from planning for my own wedding and how to have a very elegant wedding for $5,000 which saves you $15,000 in the long run. Have a great wedding without breaking yours or your parent's bank.

There is not one family in the world that could not benefit from a budget. A lot of people feel that a budget is a waste of their time because they have enough money to go around. Even though this may be true, there are still many advantages that go along with keeping a strict budget. It is not very difficult to do if you are aware of what you are trying to accomplish, and how much money you have to work with. Regardless of how much money you have, you can still set a budg...

A recent survey showed that more than 2 million people in the UK had unsecured debt of more than £10,000 (approximately $16,000). As you can imagine most of this debt is held on Store and Credit Cards, which are quite often the most expensive form of unsecured debt an individual can acquire. How manageable this debt is, is often down to the individual's circumstances. One thing for sure is that when borrowing you want to aim to reduce the amount of interest that you pay on...

While many articles and books have been written to help you once you're in debt, very few have been written about how to avoid getting into debt in the first place. Many people choose to go to credit counseling only after they're on the brink of filing for bankruptcy. If you want to be successful financially, you have to first learn how to do things before the fact, not after it. In this article I will show you some common sense things you can do to avoid debt. Teaching Pe...

There are various types of factoring available. These factoring can be in any industry viz. account receivable factoring, asset based lending, business loans, construction factoring, credit card receivables factoring, distributors factoring, equipment, hard money loans, invoice factoring, manufacturing, medical factoring, purchase order financing, real estate lending, staffing, systems, technology, trucking, verdict funding, wholesalers, etc. Various agencies provide all t...

Despite the new tax rate reductions of the Jobs and Growth Tax Relief Reconciliation Act of 2003, the top marginal tax bracket for many retirees is a whopping 46.3%. Why? Because Social Security benefits are subject to income tax. Those affected are Social Security recipients who have the good

Every time you apply for credit, for example a credit card or a loan, the lender will request to see your credit history from a credit reference agency. The information they hold is so detailed that there's really no need for us to fill out that long application form, because within a fraction of a second they can see all they need to know from Experian, Equifax or Callcredit, the three main credit reference agencies. You would be very surprised to see just how much they know...

By 2015, 77 million Americans will be over 50 years old and only approximately one-third of them will be able to retire.

Schools do not teach thrift: college, high school, junior high—our system doesn’t place a high priority on frugality. And what a shame. We should put money aside regularly using a simple system—pay yourself first.

When I started saving, I wasn’t saving much.