finances Archives - Penny Thots

7 Absolute Best Personal Finance Books To Change Your Life

I love personal finance. Ever since my senior year of high school when I was introduced to economics, I’ve loved the world of finance. I even went to college for finance and worked in the financial services field for over 15 years. I love personal finance so much, I even read about it in my free time. Because I’ve read so many books on the topic, I decided to share with you my favorite personal finance books. Below you will find the books I recommend as well as a short reason as to why I think the book is so powerful in helping you to improve your finances. I also link to some of these books in my resources section as well. So without any more waiting, let’s get to my list of the absolute best personal finance books! … [Read more...]

How Mobile Card Readers Will Benefit Your Business

As a business owner, you worked long and hard to get your business off the ground. Now your goal is to make money. You do this by providing a great experience for your customers so that they are repeat customers and rave to their friends about how amazing your business is. You do this by making sure you offer the best products, convenient hours, and good prices. But what about the overall shopping experience? By this I mean do you take advantage of technology? In particular, do you take advantage of mobile card readers? In this post, I am going to walk you through how staying up to date with technology can propel your business into faster growth and a happier customer. … [Read more...]

Why Credit Unions In Canada Are Encouraged By “Banking” Ruling

Although they aren’t frequently thought about when it comes to borrowing and lending, credit unions are an excellent choice for both investing your money and when you want to borrow some. That is why so many Canadian credit unions are jumping with joy with the new “banking” distinction reevaluation. Federal regulators have decided to rethink a ban on allowing credit unions to use terms such as “banking,” “banker" and "bank" in both their communications and their marketing efforts. Credit Unions Fight For Their Rights The Office of the Superintendent of Financial Institutions announced that they have asked the Department of Finance to reconsider a ruling that would prevent credit unions from using financial terms related to banking, … [Read more...]

3 Giant Money Mistakes Keeping You Poor

There are all sorts of bad money moves we make. While in the moment we don’t think the mistakes have that large of an impact on our finances, they really do. When you keep making the money mistakes over and over again, they have the potential to completely mess up and derail your finances. How do you overcome these big money mistakes? First you have to learn what they are. In this post are 3 big ones that many people make today. If you find yourself making these money mistakes, follow the advice to correct them sooner rather than later so that they don’t have that big of a negative impact on your financial life. 3 Big Money Mistakes Keeping You Poor #1. Chasing Yields Certificates of deposits and savings accounts are yielding squat … [Read more...]

4 College Financial Aid Offers In Preferred Order

We can argue about whether college is worth the financial implications or not from now until tomorrow, but there's no denying the fact that a college education still plays an important role in career prospects and growth. Hence, for folks who are already in college or those planning to go back to get a degree, there's always a nagging concern about how to fund a college education. Unless you have rich parents (or relatives) willing to fund your college expenses, the means of raising funding for a college education are pretty limited. This post looks at 4 financial aid offers for a college education in the order of favorability of terms and conditions. … [Read more...]

7 Things You Need To Become Successfully Rich

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 wealth. … [Read more...]

Virtual Terminals For Small Business Owners

Running your small business takes a lot of work. To be successful, you want to offer your customers the best experience possible. This means have an inviting store that is well-lit and easy to find things. It also meaning competitively pricing your products and accepting many forms of payments. And being able to accept credit cards is critical for any small businesses success. But how can you offer this convenience to your customers while also making sure to keep costs in check? Say hello to virtual terminals for credit card processing. … [Read more...]

6 Ways To Make Money While You Sleep

Whether you’re trying to pay off debt, top off your emergency fund or invest more, a little extra monthly income can get you there faster. But there are only so many hours in a day and maybe adding another side hustle to your busy schedule just isn’t possible. Wouldn’t it be great if you could somehow earn more without working additional hours or hitting up your boss for another raise? That’s what happens when you create passive income streams. You can make money while you sleep. “Passive income’s great because it increases your cash flow and allows you to save [more],” says financial adviser Craig J. Ferrantino, president of Craig James Financial Services, LLC in New York. “The initial effort in some cases is minimal, and you have … [Read more...]

The 15 Best Jobs For Young People All Pay At Least $40,000

You might love watching reruns of Law & Order, but just because you get a kick out of watching people duke it out in a courtroom on TV doesn’t mean you should go to law school. Yet 25% of high school students choose their future career based on something they saw on TV or in a movie, according to research from CareerBuilder. Choosing a college major or career because it seems cool can backfire. A third of full-time workers come to regret their college major, CareerBuilder found. But by the time they realize they’ve made a mistake, doing a career reset is costly and complicated. Better to pick right the first time than have to start all over again in your 20s or 30s once you realize you’re not really cut out to be (or can’t make it … [Read more...]

How To Make Money With Photography: 10 Ideas You Can Start Today

You love taking pictures. Going out and seeing the world through a lens provides you with happiness and relaxation. While many enjoy photography just for the pleasure and joy that it brings, others are interested in learning how to make money with photography. After all, no one would pass up making money doing something they love right? So just how do you go about making money with photography? It is much easier than you think. Here are 10 easy and fun ways for how to make money with photography that you can start using today. 10 Easy Ways To Make Money With Photography #1. Sell Images To Publications More and more media outlets are slashing their expense budgets and one big expense is having in-house photographers. As a result of … [Read more...]