What Does It Cost You To Be Alive?

If you don’t know the answer, you could be headed for a financial trainwreck. If not now, probably soon, says Kevin O’Leary.

When it comes to his own money, the shrewd, sharp-tongued Shark Tank star has long managed it meticulously, even when he was a shy kid growing up in Montreal, Canada. The young “Mr. Wonderful,” now a silver-haired 61, carefully scrimped and saved a percentage of every dollar he accrued, whether earned or gifted. And the multi-millionaire mutual funds magnate still does.

Read more…

Relationship Guide To Financial Harmony

1: Sharing is caring

Your bank account is a personal reflection of responsibility and hard work that you have spent years building (or destroying). It can be difficult to give someone access to something so personal but rewarding to find out you can manage something so important together. The most successful couples have a joint and hold each other responsible for responsible management of their finances. Whether they also have another account for personal use is up to them.

Read more…

When Should I Start Saving for Retirement?

When it comes to saving for your retirement, you should start as soon as you can. Saving for retirement is crucial to securing your future. By the time you are retirement age, you will have many more responsibilities than you have now. Your family will have grown, you’ll have a house to pay for, and many more unforeseen expenses may come up on the horizon. Without the promise of a steady paycheck after you’re 65, you’ll need to begin carefully saving for your retirement now to avoid financial disaster when you’re older. Here are a few helpful tips to make sure that you have everything you need for your golden years:

Read more…

Tips for Repaying Student Loans

Many people graduate from college or university owing a considerable amount of money from student loans.  These loans may be the only option for paying tuition and room and board while attending school full-time. But like any other form of credit, these loans must eventually be paid back. There are a number of strategies that can be used to lessen the burden of repaying student loans.

Read more…