How to Ladder Dividends

I spent a while the other day looking up payout dates for┬ámy top holdings. It occurred to me that most of the stocks I own payout in the same month, which is fine, but wouldn’t it be nice if they were more staggered so every month I had something to look forward to? A recent Forbes article tackled just that …

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Balancing a Checkbook

The foundation of a solid financial future starts with a clear understanding of proven money management techniques and strategies. Learning┬áto balance a checkbook is a critical first step in developing spending discipline and achieving long term wealth building goals. Checkbook Balancing Basics Modern technology has provided a variety of choices in check transaction tracking. Regardless of the whether the method …

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How Do Credit Cards Work?

Credit cards were created out of a situation that many have previously encountered. Frank McNamara was out taking a couple colleagues out for dinner in 1949 and, when he went to pay, to his dismay found that he had no cash in his wallet. After an embarrassing display that involved calling his wife to deliver funds to him, he came …

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Getting Out of Debt: Slash Your Monthly Budget

If you are currently deep in debt, and unable to significantly increase your income to help pay off your debt, you may want to consider chopping away on the other side of debt freedom equation – your monthly expenses. The only way to free up more cash to put towards debt is to increase your income or reduce your spending. …

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Selecting the Best Personal Bank Account

Most banking institutions offer a wide range of personal account products, and deciding which one is most appropriate can be a challenge. Personal bank accounts generally fall into one of the following categories: Checking accounts Savings accounts Money market accounts Certificates of Deposits (CDs) Knowing the distinctions among these account types can be highly valuable when comparison shopping for the …

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