Personal finance articles related to investing money in various ways including the stock market, real estate, and business.
Investing is an integral part of building your financial house. While saving an emergency fund and budgeting is crucial to staying out of debt, you won’t build wealth (and outpace inflation) without investing. Compounding works its magic by growing your net worth the earlier and…
In a GoBankingRates.com survey, more than 5,000 respondents identified the number one financial topic they wished they’d learned as teenagers in school. The six possible answers included: How to create and stick to a budget How taxes work The importance of credit scores/building credit How…
You’ve almost surely heard of a 401(k) plan, but what in the world is a 403(b) plan? Simply, a 403(b) plan is a tax-advantaged retirement account for employees of schools, churches, and nonprofits. In order to offer a 403(b), a non-profit has to be tax-exempt…
![Common Real Estate Investing Mistakes [+ how to avoid]](https://womenwhomoney.com/wp-content/uploads/2021/01/real-estate-investing-ups-and-downs-768x402.jpg)
Real estate investing can be an excellent way to build wealth. And with low-interest rates, the internet, and reality DIY shows, it’s become more popular than ever. But those things have also fast-tracked people into making some mistakes. When you’re getting started, there’s a lot…
![Bad Investing Advice: What to ignore [and why]](https://womenwhomoney.com/wp-content/uploads/2020/12/investors-screaming-buy-and-sell-768x403.jpg)
Investing is an excellent way to build long-term wealth. But how do you decide the best way to invest? You might ask your friends or family for advice. Perhaps you see how billionaire investors, like Warren Buffet, choose their investments. Or, maybe you hire a…
If you’re not quite sure of the difference between active, passive, and portfolio income, this article is for you. It’ll help you understand what makes each one distinct and provide insight into which income source or sources to target. Active, Passive, & Portfolio Income Explained…
You will discover many investment options as you explore ways to build your long term wealth. In your search, you might come across the term “accredited investor.” Perhaps you noticed certain investments are only open to accredited investors. You might wonder what one is and…
Investing in the stock market can be an excellent way to build long term wealth. There are many different ways to invest, depending on your financial goals and risk tolerance. Creating a diversified investment portfolio is one of the best ways to grow your money….
For decades, experts have warned Americans not to rely on Social Security as a viable way to support themselves during retirement. The Federal Government implemented Social Security in 1935 to provide Americans with some income to supplement their finances after retirement. But Social Security was…
Live in house flipping is a real estate investing strategy that can certainly pay off – if you’re up for the challenge. It’s a slower approach than traditional house flipping. But live-in flips have some unique advantages that can make them profitable. With a live-in…
Investing in real estate is a popular way for people to build wealth over time. Commercial real estate may interest more seasoned investors. But those who are just starting usually invest in single-family rentals or smaller multi-family properties. House ‘hacking’ has also grown in popularity…
Getting ahead financially isn’t merely about earning more. It’s also about what you do with that money once you receive it. Investing can help your net worth grow, but debt can eat away at it. That means most people understand they need to invest and…
Employer pension plans are a thing of the past. Which means saving for retirement is a must, today more than ever before. Saving in any retirement plan is better than not saving at all. But you need to know your options to navigate your retirement…
![Choosing a Financial Advisor [10 questions to ask]](https://womenwhomoney.com/wp-content/uploads/2020/04/choosing-a-financial-advisor-768x403.jpg)
As you prepare to begin investing in the stock market, you may have plenty of questions. One thing you might wonder about is how to choose a financial professional. You can ask family, friends, or co-workers for names of financial advisors they like and trust….
Have you been wanting to invest but you don’t know where to start? Do you think investing is too complicated or too risky? Are you one of the millions of Americans who can’t even fathom how you’d come up with extra money for investing? Micro-investing…
Pros and Cons of Real Estate Investment Clubs It seems like a lot of people you know or read about are trying to build wealth through real estate. Some buy houses to “flip” and others are buy-and-hold investors. There are investors only buying single-family rentals…
When you have financial goals, like college savings, retirement, or financial independence, becoming a landlord is an effective way to help you reach those goals. Becoming a landlord through real estate investing is often described as a relatively passive source of income. In other words,…
Millennials are job switchers. Gallup polls have found that 21% of millennials report changing jobs within the past year. Outside of learning the new company org chart, job switching presents another challenge: what to do with your old 401(k) or 403(b). Currently, many millennials do…
Donor-advised funds. Everyone seems to be talking about them as a better way to give to charity. But what are they, exactly? And why have they become so popular and what are the benefits of setting up donor-advised funds for charitable giving? You may be…
Writing an investment policy statement (IPS) is one of the most important things you can do to build long-term wealth. It isn’t complicated or something that only people with a ton of investments do – writing an IPS is useful for everyone. Your IPS will…
![How to Begin Investing in Stocks [Stocks 101]](https://womenwhomoney.com/wp-content/uploads/2020/01/stock-investing-1-768x403.jpg)
Investing in the stock market can be an excellent way to grow long-term wealth. Some people think you have to be an expert or have a lot of money to start investing. But once you know the basics of stock market investing, you have what…
Whether you currently invest in real estate or are new to the idea, buying rental property in a college town might have crossed your mind. Much of the standard real estate investing advice applies to properties in college cities. But there are some key differences…
No matter where you are on your financial journey, controlling your finances is one of the most important things you can do for your future. While it’s challenging to break the cycle of living paycheck-to-paycheck or find money to invest when you’re supporting kids or…
![What Is Tax-Loss Harvesting? [How it can save you money]](https://womenwhomoney.com/wp-content/uploads/2019/11/tax-loss-harvesting-1-1-768x403.jpg)
There are many facets to investing. One thing all investors will not want to overlook is the tax consequences that come with being a successful investor. Because all net profits made from investments sold in taxable brokerage accounts come with tax liability, your investment strategy…
Good investment advisers always promote the importance of investment diversification. While each investment market comes with inherent risks, the riskiest move of all would be putting all your investment dollars in one basket. A lot of bad things have to happen in a short period…
In order to build wealth, you want your money making more money. If you keep your savings in a traditional bank, your money has less buying power over time due to low-interest rates and inflation. High-interest online savings accounts and Certificates of Deposit (CD’s) can…