Personal Finance

30% rent budgeting rule

The 30% Rent Budget Rule: How to Stay in a Place You Love For Less

You might have heard about the 30% rent budget rule that guides the maximum amount you should allocate for that purpose. 70% of your income should be kept available for other expenses, including saving for retirement. Whether you are currently living in a rental or are hoping to find an affordable place, one thing is …

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Money

High Inflation: 5 Investing Opportunities You Should Not Miss Out

Don’t fall into the temptation of not investing during inflation. Inflation is a term that describes an increase in the general level of prices that occurs over time. The Consumer Price Index (CPI) measures changes in prices and provides indications of how inflation affects consumer spending habits. Inflation has been under 2% for most of …

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4 Sacrifices Super Savers Make on the Road to Getting Rich

4 Sacrifices Super Savers Make on the Road to Getting Rich

Sacrifices that supper savers make propel them to ever-higher levels of financial success. Many people do not save at all. Most of those that save, do so incorrectly. Eventually, they despair and end up not achieving the immense benefits that strategic savers get. Most of us occasionally or even frequently dream of getting rich. But …

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7 Dumb Ways Retirees Blow Their Savings

7 Dumb Ways Retirees Blow Savings

insta_photos / Shutterstock.com When retirees blow savings, the damage is huge because their incomes are limited. Retirees usually have a limited amount of money to spend during their golden years. Unfortunately, some people make costly mistakes that can deplete their nest egg prematurely. From giving away cash indiscriminately to refusing to embrace lifestyle changes, here …

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Negative Real Mortgage Rates Means Don't Pay Down Extra Principal

Unfavorable Actual Mortgage Charges Means Do not Pay Down Further Principal

[ad_1] As a homeowner with a mortgage, the holy grail is having a mortgage rate below the 10-year bond yield. When you have this situation, it’s like living for free and you should not pay down extra principal. If you had the money, you could invest an amount equal to your mortgage into a 10-year …

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The New COVID Variant Investment Thesis For Stocks And Real Estate

The New COVID Variant Investment Thesis For Stocks And Real Estate

[ad_1] The new COVID variant, Omicron (B.1.529) was first detected in South Africa in November 2021. Omicron is quickly becoming the dominant COVID variant. i Preliminary reports are showing Omicron is less potent, which is leading to less hospitalizations per infected cases. Reported symptoms seem to be more mild as the variant doesn’t seem to …

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Planning for the Future While Still Enjoying the “Now”

Planning for the Future Whereas Nonetheless Having fun with the “Now”

[ad_1] The next is a partnership with SELCO Neighborhood Credit score Union. All opinions are 100% my very own. Consider it or not, getting ready to your future and taking advantage of your current life are suitable pursuits. Actually. For those who’re skeptical, I get it. I used to be proper there with you as …

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