How many Americans would you guess are self-employed? One out of 10? One out of five? It’s actually about one out of three. According to the Freelancers Union, 42 million people identify as independent workers, which includes freelancers as well as consultants, traditional business owners and independent contractors. Many more Americans likely wonder if they should [...]
Current Money Exchange Rates
There are two primary reasons why you would care about current exchange rates. Either you’re planning to leave the country and need to budget the amount of money you have against the other countries economy, or you’ve done some investing and exchange rates dictate the profit you can make. I’ve never had the pleasure of [...]
Collecting Money From Family and Friends is No Easy Task
Lending money to family and friends is usually a complicated situation and one that most people try to avoid at all costs. What? You mean you’ve already lent it? In that case, collecting on that loan really comes down to the type of relationship you have with the person and how serious you are about [...]
5 Tips on Giving Back This Holiday Season with a Tight Budget
As the holiday season approaches (really, it will be here quicker than you know it), people are beginning to save and decide on their gift giving plan. With the economy having experienced some rough bumps this year, it’s uncertain how successful retailers will be this season. One thing is for certain, though: there has been and [...]
It’s All About the New Benjamins
The hundred dollar bill is a highly counterfeited piece of US currency, but starting in February of next year, printing fake bills will get a little bit harder. Back in April, treasury secretary Timothy Geithner announced a new $100 bill – one that would be considerably tougher for aspiring crooks to fake. According to a [...]
How to Turn Mistakes into Opportunities (a real life example)
Mistakes. They are a part of life. We all make them. And mistakes when it comes to money are a fact of life. But like turning lemons into lemonade, we can either benefit from our mistakes and make the most of them, or we can run from them and pretend they don’t exist. This hit [...]
5 Steps To Conquering a Debilitating Fear of Change
Photo Credit: Shahram Sharif Fear of change can be a powerful, all-consuming force in our lives. It can keep us from pursuing our dreams. It can keep us in a destructive relationship. And fear of change can cause us to make some really bad investing choices. I had to confront my own fear of change [...]