You probably haven’t realized yet, but stock trading can be your ticket to passive income that can eventually lead to financial freedom. A state where you can truly control your money, enjoy your hard-earned cash, and never worry about providing your needs and even wants. One exceptional advantage of this particular kind of trading is it pretty much lasts a lifetime. And in line with this, aspiring investors like you can develop the necessary skills after some time … [Continue reading]
When it comes to fast food chains, Chipotle is different. They’re fast and affordable but they also use quality ingredients that have been sourced responsibly, a key difference few competitors emulate because it’s so expensive. They’re one of my favorite destinations and I’m always happy to see them in places dominated by low-cost options, like at airports. As a frequent visitor, I’ve developed some tips and tricks to making the most of my meals at … [Continue reading]
There are two ways to increase one’s net worth: increase assets or decrease liabilities. That is all there is to it. It really is a simple equation in principle but very difficult in practice. This is because we are conditioned by the media, our friends, and many other external influences to think that we need this or that such that when we spend our hard earned money on these items, we really aren’t doing anything to increase our net worth. Why Track Net … [Continue reading]
The financial markets are buzzing with activity. Every day traders buy and sell trillions of dollars’ worth of financial instruments, particularly currency pairs, in the hopes of generating profits. The international currency markets are driven by a mix of market fundamentals and speculative sentiment. The winners are those who can accurately forecast the future direction of major, minor, and exotic currency pairs. Fortunately, it’s so much more than crystal ball … [Continue reading]
There’s no need to sugarcoat it. Student loans are complicated, and everyone from new borrowers to those who’ve been paying them for more than a decade find them confusing. As much as you might want to not think about them, it’s important you understand your student loans, and that starts with knowing the meaning of the terms you’re likely to encounter in the student-loan world. Here are 13 confusing loan terms you need to know. 13 Student Loan Terms You Need To … [Continue reading]
With summer comes the heat and humidity. You try to do anything to stay cool. Blast your air conditioner. Turn on the fans. Heck you might even head to the mall or grocery store to try to stay cool. These are all ways to stay cool, but there is one problem. Let’s not forget about how high your electric bill is either from trying to stay cool. There has to be some ways to stay cool easily and won't have an impact on your wallet by increasing your electric … [Continue reading]
While senior year of college is hectic, it’s crucial for new grads to stay on top of their finances. Sure, you need to find a job and a place to live, but you can’t wait until those things fall in line to start paying attention to your bills and your budget. Of course, that’s exactly what some people do, which can lead to debt, a lack of savings and credit problems. To help you (or the new grad in your life) stay focused, we put together a list of money tips to keep … [Continue reading]
Although a lot of people have a dream to become rich thanks to some lucky numbers on a lottery ticket, being successful has far greater rewards. Not only will you have the satisfaction of a job well done, but you will become rich for the long term. So how do you find success so that you can become rich? There are 7 key things you need to develop in order to find success. In this post, I will list them for you so that you can start your journey of success and building … [Continue reading]
When you reach the age of retirement and you are no longer able to work and earn an income, you have the option of either enjoying your pension in relaxation, or depending on a personal loan if you don't have access to a pension or have not saved enough money for retirement. If you are someone who is not covered by a traditional pension plan or have not done much to save for your retirement, there is still hope. The UK government introduced the auto-enrolment … [Continue reading]
It’s no surprise people waste a lot of their money. But there are plenty of ways to save on everyday costs, from bank fees to your favorite morning beverages. If you’re looking for ways to trim your expenses, here’s a list of 50 common money-wasters you may want to ditch. When you start eliminating some of these things from your spending, you will be amazed at how much extra money you have left over at the end of the month! 50 Things To Stop Wasting Your Money … [Continue reading]
Thanks again for visiting Penny Thots. My goal for this site is simple: to help you become a master of your financial future. You do this by learning to overcome your debt, making smarter spending choices and start investing for your future. When you succeed, I succeed. By teaching you about personal finance, you can take the steps needed to secure your financial future. As always, if you have any questions or want help with any personal finance issue, please contact me. I will do my best to help you out and answer any of your questions.
