Retirement is a dream of all Americans no matter what age they are or what they do for a living. We are all taught from a young age that if we work hard and save our money that we will be able to retire some day. Today it seems however that the retirement dream may be in jeopardy.

Despite working hard retirement has always been a dream that some Americans have not been able to reach. Now more than ever Americans are worried that they will not be able to achieve this. What is the problem? The answer comes in just one word; money.


The economy took a big hit a few years ago and while it is recovering, many American’s retirement dreams and savings accounts are not. People are worried about being able to keep their jobs, the rising cost of living, and high debt levels. Surviving day to day and month to month has taken precedence over retirement planning and saving.

According to a survey that was released by the Employee Benefit Research Institute only thirteen percent of Americans are confident about their retirement. Thirteen percent! That is a horribly low number! This should not be acceptable

One reason that workers are having such a difficult time with retirement saving is that they do not know what is going to happen with Social Security. This is money that should be guaranteed to them, but now that guarantee is up in the air making the future for many very scary. Many American workers had been counting on their Social Security, but not knowing if they can count on it has really put them into a bad position.

No one knows what the future holds. If you want to retire and be comfortable the best thing that you can do for yourself is to save as much as you can as often as you can. The sooner you are able to start the better. Many people wait to start saving because they think that saving a little now will not make a difference. This is not true. The interest you earn having money in a savings account adds up. Even if you only save a little here and there it will add up.

The future is uncertain. The only thing that we know for sure is that we need to save money if we want to continue to hope for retirement. Retirement is a dream that we should all be trying to reach. Do not let someone tell you that you cannot reach that dream, if you try and save what you can, you can get to retirement someday.

Buying a home for the first time can be scary. You are new to the whole process and may be unsure of how to go about doing things. There are things that every first time home buyer should do to make sure they are on the right path to buying a home.

The first thing you need to do when you are thinking about buying a home for the first time is to take a good long look at your credit report. If it is not in the best shape you should fix it. Get your credit score up before you apply for a home loan. If you have good credit when you apply for a home loan you can get a better interest rate, which will make the home cheaper in the end.

Semi-detached houses in Croydon for sale

Once you have your credit where you want it you need to prepare a down payment for your home. If you have not picked out a house that is not a problem, you can still save up for a down payment. Do not forget about closing costs. You need to make sure that you save money for closing costs as well as the down payment. Back in the day it was standard to put twenty percent down for a down payment. These days people only put about three to five percent down. So you just need to figure out the maximum you plan to spend on your home and save up at least ten percent of that. That way you will have money for a down payment and for closing costs.

The next step is the hunt for the house. Look at different neighborhoods and schools if you have children. Decide on an area; look at the houses for sale in that area. Figure out what kind of house that you like and what you want in your house. Look at the prices of the home around the house you are looking at. You do not want to own the most expensive house in the neighborhood but you also do not want to own the cheapest house in a neighborhood. You want to buy a house that falls somewhere in the middle.

Being a first time home buyer can be frightening. You can benefit from an experienced real estate agent. They know the market, the value of homes in the neighborhood, and negotiation strategies to help you to get the best deal on the house. If you are a first time home buyer find a real estate agent with lots of experience and get them to help you. They have so much information that can be beneficial to you.

Do not be scared when you are looking to buy your first home. Getting an experience real estate agent will help you along your journey to buying your first home. Do your homework and do not rush into anything. Know what you are getting into, and have a plan.

Protecting yourself from identity theft is one of the most important things that you can do for yourself and for your future. There are many ways in which your identity can be stolen, and many ways you can protect yourself. In order to protect yourself properly from identity theft, you need to know how people steal other’s identities.

The first way that thieves steal other’s identity is that they steal your wallet or purse. The people who do this are very skilled at taken your purse or wallet without you even knowing. This is why you must be extra careful and always pay attention to where your wallet and purse are. Some ways to try to avoid this would be to put your wallet in your front pocket when walking in a crowded area; this will make it so it is more noticeable if someone tries to take it. Always hold on to your purse, do not just let it hang on your shoulder, someone can come up and rip it right off your shoulder and take off if you do not have a hold of it as well.Identity_opener

More and more identity thieves are using technology to steal your information. One way that they can do this is they call or send an email pretending to be your credit card company or bank. They will ask for your personal information. Be very careful with this; do not give out any personal information by email. If they call you asking for your information ask if you can call right back, tell them you are in the middle of something and you will call back. This way if they are trying to steal your identity they will hang up, or when you call the company or bank you will know that it either was someone trying to steal your information or your actual credit card company or bank that had called.

Another low tech way in which thieves try to steal your identity is by stealing your mail. They will steal mail that will have personal information in it so they can get the information. This means that you need to know when you expect any and all bills or items of mail with any personal information in it. If you know when this mail should show up and it does not then a red flag will be thrown up and you will know that something is wrong. If the mail that you are waiting on does not show by a couple of days after it should have been there then you need to contact the company and find out when they sent it and what to do next. If you can pay your bills online instead of getting them in the mail then you have a better chance of not having someone to steal your bill from your mailbox.

If you are getting rid of anything that has any bit of personal information on it then you need to make sure that you are shredding the paper. Believe it or not identity thieves will go through your trash to find anything with personal information on it. The only defense is to shred anything that has any little bit of information on it.

There are so many ways that identity thieves will try to steal your identity. You have to take precautions to make sure that you are protected. Protecting your identity protects your financial future. When your identity is stolen it can take years to get back to where you were prior to it being stolen. There is no such thing as being too careful when it comes to protecting your identity.


There are many myths out there when it comes to credit scores. You have most likely heard at least some of them. No one really knows where they came from, but we do know they are myths. If you are unsure of what is a credit score myth and what is a credit score fact you should continue reading so you know fact from fiction.

One credit score myth is that you should never close a credit account. This is a myth because it is not always the case. There are times when this is what you want to do. Typically if you want to get a loan in the near future you do not want to close a credit account. However, if you have plenty of credit accounts, and you see no need for a loan in your future there is nothing wrong with closing one.

Credit Rating

Credit Rating (Photo credit: Match Financial)

Having tons of credit cards means you will not be able to get a loan is one myth that people think is true. At one point in time it was somewhat true. The fear was that you would go out and run up huge bills on those credit cards only to default and wind up in over your head. What has been noticed however, is that those who have been able to handle many credit cards for some time without issue will not just go out overnight and max out all of their cards. They have shown their responsibility by not keeping them maxed out, thus they are more trustworthy than once thought.

Another myth is that you do not need to worry about your credit score. This one is absolutely crazy! Of course you need to worry about your credit score! You credit score will determine what your loan rates will be or even if you can get a loan. Your credit score is very important and you need to pay attention to it. Remember the higher your credit score the better off you will be.

One rather strange myth is that you have to be in debt to have a good credit score. This is so not true. The thought behind this is that if you have a debt and are making your payments on time every month your credit score will go up. While that is true, you do not have to be in debt to have a good credit score. Say you have a credit card and make a purchase with it and then immediately pay it off. You do not have debt but it did help you build up your credit score.

Do not believe all that you hear when it comes to your credit. If you are unsure of something do your own research. You have the ability to find out for yourself if something is a myth or if it is a fact. The more you learn the better you will be able to separate credit score fact from fiction.


Emergency (Photo credit: Tax Credits)

Not everyone thinks about what would happen financially if an emergency were to happen. Often most people end up in a financial emergency when another emergency happens. They do not have the money to take care of whatever they are going through. Ask yourself, are you prepared?

If you do not want to end up in a financial emergency when you are in another emergency there are things that you can do. You probably already have a retirement savings account and a general savings account, but you should open another savings account. This account will be your emergency fund.

You do not have to stress yourself out trying to make sure that you build your emergency fund as fast as you can. You really only need to add what you can to your emergency fund. You still have a budget to stick to, but this should be added to it.

Everyone will have their own amount that they will need as a minimum in their emergency fund. It will depend of various things such as if you are single or married, if you have children and if so how many, how many bills you have, and so on. You need to sit down and figure it all out. Generally experts say take that amount and have a minimum of six to 12 months worth of income that will cover that amount in your emergency fund. Of course it does not hurt anything to have more than you need in this account.

Always remember that this account is for emergencies only. Do not use it for any other reason. Do not rationalize something as an emergency in order to use this money. This money is to be used for real emergencies only, this is important. If you do ever take money out of this account, even if it is because of an emergency, you should replace it as fast as you can.

It is a good idea to sit down with a pen and paper and make a list of what you consider a real emergency. If you have a list of what you will allow yourself to use your emergency fund for, you will be less likely to try and use that money for other things. This is not money to use because you want to go out and are short on cash, or because you forgot to budget for a haircut. This is for true emergencies only so that is what should be on your list.

Having an emergency fund will help you make it through any emergency, without having to go through a financial emergency on top of it. This is something not many people have thought about, but is really important to have. It is one of those things where it is better to have it and not need it than to need it and not have it, so go set up an emergency fund today.

payday-loans-for-people-with-bad-creditPayday loans are there when you need a small amount of Financial Relief after a particularly bad financial month. If you had to spend money on a car repair, or a trip to the emergency room, there is a pretty good chance that you may need a little bit of extra money to make sure that you pay your bills on time. You won’t get thousands of dollars with a payday loan, which is kind of the point of what makes it so beneficial for people. You don’t have to take on a bunch of money that you don’t need if you are simply looking to pay off a bill that you owe. You take a payday loan when you need that small amount of money to make sure that you get the relief that you need.

While a payday loan is something that can be beneficial to you, it should not be the type of thing that you make a habit out of. Loans are there for when you need them sparingly, not as a crutch. If you find yourself month after month needing what a payday loan can offer you, you need to adjust your finances so that you can get out of your habit. While there may be little risk to a payday loan, when one makes a habit of getting them run the risk of putting together some pretty substantial debt, especially if they are not paying them back in time. One can find more info by taking a look online.

English: Decision Problem Closure Diagram

English: Decision Problem Closure Diagram (Photo credit: Wikipedia)

The best piece of advice that you can get when you are looking into getting a payday loan is to not rush into a decision. While it is nice to sit back and think that you can get Financial Relief from your problems in a matter of hours, it will take a bit of time to research your options for a payday loan and really make a decision on what is worth your time. Sure, you might need to make a decision in a few days time, but because you have that time you need to take it in order to be sure that you make the right decision. You should never rush into making a financial decision until you fully understand what is involved in it, and which professional can give you the best option at getting exactly what they need.

This is not to say that you have to stress yourself out as you search, it just means that you have to be thorough in your research. Look up a loan company in your area, see what they have to offer and then read the small print on the loans that they offer. All of the info that you need on a loan is out there, you just have to be willing to ask questions; if you find a company that can give you a great rate, and can fully show you what they can offer you, you can be sure that you have made the right decision.

Christmas in the post-War United States

Christmas in the post-War United States (Photo credit: Wikipedia)

In the early part of November, you start to work out a budget for your holiday spending. When you have kids, they are going to give you lists of items that you want. When you put together a budget, you realize that there are some items that you can get, and some items that you can’t get. When you finally get to the stores after Thanksgiving, you take the lists, and your budget, with you to the store. When you leave the store, you realize that you ended up getting your kids all of the items on your list and completely skipped over that budget that you were supposed to be following. As much as you might know that you need to stick to a budget, you also know that you want to see your children as happy as possible. If this means spending more than you might like to on everyone on their list, you are going to end up doing it.

This could lead to some financial Holiday woe’s once the season passes. While you may love the smiles that your children have when they open presents on Christmas morning, you probably won’t have that same feeling when you open up your credit card bills in January. With all of this in mind, you want to make sure that you take a look at what some of your options to keep everything on track while your finances catch up. If you have to take out a payday loan to stay on track, you need to consider it.

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