New to BFS? Please click here to get started.
You can also sign up for my FREE Weekly Newsletter to get access to EXCLUSIVE monthly giveaways!!!
See you in the comments soon!

How to Start Saving For Retirement

This post may contain affiliate links.

For many people, saving for retirement is a daunting prospect. However, there is no need to despair. Saving becomes easier as you develop the proper habits. Saving for retirement is something you won’t regret: what you decide today will greatly impact your quality of life after retirement. You may feel like your current budget can’t accommodate retirement savings, but small financial sacrifices can help. You may find saving easier than you first anticipated. Here are few simple steps to get you started: 1.  Start assessing your spending habits You need a reality check: start by recording your monthly expenditure. Keep a running total of everything you buy, from TVs to takeaways. You may soon discover that you are wasting money on items you don’t actually need. You might be able to create some breathing room in your budget by analyzing your spending habits. In fact, your monthly satellite TV subscription likely costs more than most minimum monthly unit trust investment or retirement annuity contributions. Numerous financial service companies offer investment minimums of less than $50/month. 2.  Formulate a budget You should draw up a budget once you have a handle on your spending habits and potential cutbacks. This helps you … Read more

Credit Poor Advice: Why You Should Apply for a Bad Credit Loan in 2017

This post may contain affiliate links.

It is not surprising that the amount of bad payers has risen dramatically in the last two years. The economic crisis has left many families in debt, and unemployment rate has been skyrocketing. Instability of income and financial difficulties left many with poor credit history. Consumers with a poor credit usually find it difficult to borrow any money; lenders perceive their situation as a possible risk.  No matter what your circumstances are, you need not to give up hope. Many have been in your exact situation and managed to get their life and financial status back on track. There are many options to mitigate your bad credit rating, and the most feasible would be applying for a bad credit loan. We often come across clients who apply for bad credit loans from CreditPoor, and, along with proper financial guidance, they manage to improve their situation sooner than they had expected. –      What is a Bad Credit Loan? Simply, bad credit loans are a type of loans designed for people who are considered to have a poor credit history. Most people with a limited credit history are not eligible for a traditional loan, as borrowers lack the information to assess the … Read more

Logbook Loans – Your Quick Alternative To Ample Liquidity

This post may contain affiliate links.

When you need to borrow money the first thing you think about is going to your Bank Manager.  Sadly, you remember what happened last time.  The endless paperwork, the endless queues, the endless meetings and the endless people saying ‘Sorry, we cannot help you.’  Loaning money can be an incredibly demoralizing and depressing process. You have no choice, though.  You have to pay the food bills, the electricity bills and your child’s school fees. You have a house but the mortgage is high.  And times are bad. Logbook Loans can help you in such a way that you don’t need to sign away your entire life.  They have a system where you can monetize your motor vehicle.  And as long as you have a motor vehicle that you own or semi-own, you can get a loan. Your motor vehicle, therefore, becomes your collateral while the ownership remains with you.  There are restrictions, of course, and requirements, which ensure the process is legal, safe and a win-win for both.  You need to be able to prove what your income is by having pay slips or a bank statement, have proof of ownership of the car with all the paperwork that comes … Read more

Is Accounting a Good Career Choice for Single Parents?

This post may contain affiliate links.

If you are a single parent, you might worry about the financial future of your family.  It is natural to think about your plans at this stage of your life.  You might be thinking of ways you can move to a better house in a better location, go out on trips with your family, or pay for your child’s future education.  Having a career as an accountant is a great way to achieve those dreams.  Accounting is a career that can provide financial security while also interesting and engaging.  So, is accounting a good career choice for single parents?  Consider the following to decide if this is right for you: Time The truth is, it takes a lot of time to become an accountant.  You are looking to at least four to five years of undergraduate schooling, and an additional two years or more if you decide to get a masters.  Fortunately, there are many schooling options out there that can fit your educational needs.  If you are like most working professionals with families, it may not be possible for you to attend a university full time.  However, there are now options for online schooling, or becoming a student of … Read more

The Eagle Eye: Tips and Tricks for Tracking Gold Prices

This post may contain affiliate links.

You can apply the tip that you need to keep your eye on the ball to a number of different scenarios and one of them is definitely when you are talking about tracking gold prices, so that you can potentially spot an opportunity to buy or sell for a profit. If you are looking for a source of gold price information and other data, Money Morning has the details on that score. In terms of keeping an eagle eye on your investments and spotting an opportunity to trade, here are some tips and tricks to consider. Two main ways of tracking gold prices One of the fundamentals of trading gold is to understand how best to track the price of gold, and there are two main ways of doing this. The first is to look at what is called the spot price of gold. Put simply, the spot price is the price at which you are able to currently buy or sell physical gold. This will obviously be fluctuating all of the time to a certain extent and responding to general market conditions, sentiment towards gold as a commodity at the time and rising or falling in response to buying … Read more

How College Graduates with Student Debt Can Efficiently Manage Repayment

This post may contain affiliate links.

David Johnson is a recent graduate of the University of Ohio. Until he heads back to college to pursue his MBA, he is working to start his own personal finance blog. Now that you have graduated from college, you will find that it is time to pay your student loans back. This is a crucial step in the student loan debt issue. With a high risk of default, it becomes extremely important for recent grads to manage their student loans effectively. Failure to do so leads to even bigger issues for both the individual as well as the rest of the country and taxpayers. Tackling debt is going to get old, and most graduates are going to have to start with student loans. There are plenty of ways to approach student loan debt, but choosing the correct way is fairly important if you want to set the stage to a bright future. Here are several ways to limit student loan debt that may leave you in better shape for the future. Refinancing Your Student Loans Student loan refinancing essentially creates a new loan with a lowered interest rate, hence the term refinancing. Refinancing is available for both private student loans … Read more

Three Sneaky Ways Companies Can Weasel Away Your Money

This post may contain affiliate links.

Today more than ever before, it’s easy for funds to find their way out of your bank account without you being aware. We’re not talking about outright theft (though we will deal with fraud in one of these accounts). Instead, we’re talking about the ways in which busyness can take your attention away from the careful tending of your personal finances. When you get too busy, or “Take your eye off the ball” for any other reason, there are plenty of companies who would love to get a little extra of your money. Here are some of the ways they do just that. 1)    Convenience. There is a whole class of business that has emerged in the 21st century e-commerce sphere that offers the consumer a tremendous amount of convenience. In many cases, this will come in the form of automated deliveries and payments, as well as generous free trial startups. While companies like Amazon have really delivered a tremendous value proposition when it comes to their Prime service, it’s not even a little difficult to sign up for these auto-payments and free trials…only to forget to ever cancel them! If you are like many people, at some point in … Read more