Understand how to properly manage money and make good financial decisions including, budgeting, investments, planning for retirement, and how to reach other financial goals.
We’ve created an outline of how a business plan should be constructed. You can use this outline as a guide when you’re typing your business plan. Keep in Mind: Business Plans should be typed “Single Spaced” and also “Single Sided.” Business plans that are well written and planned out should include all of the following below. … Read more
Investing can be exciting, rewarding, and can lead to financial independence but investing is also risky and you need to know what you’re doing. Here are five tips to keep in mind before you begin to invest your money. Have a Strategy that Aligns with Your Goals You first need to set goals that … Read more
Saving money for the future can be difficult especially when you have a low income. Many households in America live pay check to pay check and putting money away into savings can seem out of the question for households like these. Although, it’s not out of the question! Even if you’re currently only making minimum … Read more
A great way to boost your income is through dividend paying stocks. I did a little research and found five stocks that are not only great companies but also pay great dividends. New York Community Bancorp (NYBC) Dividend Amount: $0.25 Dividend Yield: 6.35% Earnings Per Share: $1.08 New York Community Bancorp is the largest bank holding … Read more
Building financial wealth is something we all think about but rarely take the time to create a plan. Here are four simple steps to help you create your own plan. Start taking action today! 1.Determine your Financial Goals The first step to gaining financial wealth is to take the time to wright down all of your … Read more
Tradeking inherited me as a client back in 2012 when Zecco and TradeKing merged. Since then I have been using TradeKing and I’ve been pleased with their services. TradeKing is an online discount brokerage that was launched in December of 2005. TradeKing offers a low rate of $4.95 per stock, ETF, and options trading. Options have … Read more
I often here individuals asking what’s the difference between a Money Market Account and a Certificate of Deposit (CD). A Money Market and a CD are both products of a bank or a credit union. They both earn interest and are both federally insured to a set limit amount by the FDIC or NCUSIF depending … Read more
Updated: February 12, 2017 It’s now that time, time to start paying off your student loans. Many of us didn’t think twice about these loans while we were still enrolled in college and didn’t fear the consequences or think about the commitment of the loans when we accepted them before the start of each semester, and … Read more
If you’re thinking about starting a life insurance policy you’re going to have many options depending on the company you go through and how you want your policy set up. There are different ways to set up a life insurance policy and different types of policies to choose from. The two main types are Term life … Read more
Once in a while, here at Oddballwealth.com we like to think outside the box. We have all heard of the common or conventional ways to invest your money whether it’s with mutual funds, ETFs (exchange-traded funds), 401k, IRAs, or individual stocks and equities. Although, it’s nice to sometimes think “outside the box”, when it comes … Read more