Personal Finance | Money Management  


One Life-Changing Class You Never Took: Alexa von Tobel at TEDxWallStreet





Of course if you are consolidating bills from credit cards you will probably find that the lower interest rate will make a huge saving in both the monthly repayment and the overall cost of the loan. Just don't make assumption though. Check it out carefully. It's your cash that we are talking about here and no one will take care of it better than you. 

Sudden Debt - How Should I Deal With It Sudden debt can crash unexpectedly into the lives of almost any of us at any time. We can be going along through life quite happily and then bang! Without warning we find ourselves in debt and it's well so sudden! Debt is also something that many of us have been told since childhood is a bad thing. 

Whatever type of investment you decide on ensure that it suits your personality in terms of risk. If you hate anything risky then ultra high risk bond markets are definitely not for you! Go for something that will get you the returns you are after but which also let you sleep at night. The next point we need to look at is whether you will be making your own decisions on where to invest or getting a professional in to do the job for you. 

Understanding The Stock Market 101 If you are looking to get started with investing in stocks and shares you really need to get to grips with understanding the stock market. While you don't need to become an expert or have an in depth knowledge you certainly need at the very least a basic understanding. 

All you have to do is multiply the monthly repayment by the term of the loan. Having done that it is simply a case of taking the bill consolidation figure from the credit card cost. Voila! You have got the amount you will save overall. That of course is just the start. You've got a ball park figure but you want to know the best don't you? 

One thing which many people tend to forget when they first start to invest in the markets is that they are investing for the medium to long term. If you have that clearly in the forefront of your mind you will make much safer investment decisions. That's simply because you're far less likely to panic if you see the price of your stocks fluctuate dramatically.