Advertisements

Free Money for Everyone Sounds Great, But Finland Proves Basic Income is a Bust

Universal basic income experiments and other plans that seek to distribute free money seem wonderful considering so many people struggle to make ends meet because of their limited incomes. In the U.S., many legislators have called for federal and or/state governments to trial these economic policies. One recent proposal actually calls for people to receive money from the government even if they are unwilling to work……….

Source: Free Money for Everyone Sounds Great, But Finland Proves Basic Income is a Bust

Advertisements

South Korean financial watchdog sticks to the decision of banning ICO

A new update has emerged from the South Korean financial authority, the Financial Services Commission (FSC). The financial regulatory decided to maintain the ban enforced towards ICOs, based on the findings of the Financial Supervisory Service (FSS). Started September last year, the FSS conducted a survey to 22 enterprises in the country that had launched ICOs, on which they only received feedbacks from 13 of them………..

Source: South Korean financial watchdog sticks to the decision of banning ICO

IRS Announces 2019 Tax Rates, Standard Deduction Amounts And More – Kelly Phillips Erb

1.jpg

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for more than 60 tax provisions for the year 2019, including tax rate schedules, tax tables and cost-of-living adjustments. These are the numbers for the tax year 2019 beginning January 1, 2019. They are not the numbers and tables that you’ll use to prepare your 2018 tax returns in 2019 (you’ll find them here). These are the numbers that you’ll use to prepare your 2019 tax returns in 2020.If you aren’t expecting any significant changes in 2019, you can use the updated numbers to estimate your liability. If you plan to make more money or change your circumstances (i.e., get married, start a business, have a baby), consider adjusting your withholding or tweaking your estimated tax payments………….

Read more: https://www.forbes.com/sites/kellyphillipserb/2018/11/15/irs-announces-2019-tax-rates-standard-deduction-amounts-and-more/#c14542820814

 

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

New Documentary To Show How Far People Go For Financial Independence – Tom Anderson

1.jpg

Scott Rieckens has the zeal of a convert. The 35-year-old first heard about the FIRE (financial independence, retire early) movement in February 2017. Now he is finishing a documentary, Playing With FIRE, which follows his frugal journey from beachy Coronado, Calif., to affordable Bend, Ore., with his wife, Taylor, and their 2-year-old daughter. Along the way, Rieckens, a former creative director and partner in a video production company, sought the advice of other extreme savers who have left their day jobs in their 30s or 40s to spend the rest of their lives pursuing exciting work and leisure…..

Read more: https://www.forbes.com/sites/tomanderson/2018/10/17/playing-with-fire-scott-rieckens/#41a78e6d7edc

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

Cryptocurrency TOP Secrets – Learn How To Buy & Sell on The Explosive Cryptocurrency Markets

When it comes to investing in cryptocurrencies, there are some things that don’t get discussed nearly enough. These things can either help grow and scale your cryptocurrency portfolio, or they could lead you to financial ruin and frustration. Due to the huge amount of content that is posted about cryptocurrencies on a daily basis, it can be hard of the best of times to hone in on the most important developments and cut through the noise…….

Read more: https://e-moneybook.com/crypto-secrets/

How This Teacher Left The Classroom And Built A Million Dollar Education Business – Robyn D. Shulman

1.jpg

Did you know that nearly one out of five public school teachers hold down a second job during the school year? According to EdWeek, half of teachers with second jobs currently work in a role outside of education, and 5% of teachers take on a second teaching or tutoring job outside of their school districts. Some teachers work 60 hours a week, and then take on second gigs. Across the country, teachers are renting out their homes across the country. In fact, according to a new study from Airbnb, one in 10 Airbnb hosts, or approximately 45,000 people who use the service are teachers……

Read more: https://www.forbes.com/sites/robynshulman/2018/09/19/how-this-teacher-left-the-classroom-and-built-a-million-dollar-education-business/#30afc8212d8c

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

22 Microhabits That Will Completely Change Your Life In A Year – Brianna Wiest

1.jpg

Breakthroughs don’t change your life. Microhabits do.Benjamin Hardy compares this concept to compounding interest, and how, given the choice, most people would take $1,000,000 in their bank account right now as opposed to a penny that doubles in value over the course of the month.What most people don’t realize is that those who take the big payout end up with significantly less money than those who opt for the cent per day…..

Read more: https://www.forbes.com/sites/briannawiest/2018/09/18/22-microhabits-that-will-completely-change-your-life-in-2-years/#15a337731035

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you

How Top Financial Advisors Are Using Behavioral Science To Rethink Your Investments – Halah Touryalai & Ashlea Ebeling

1.jpg

When a longtime client announced she wanted to buy a million-dollar vacation home on Martha’s Vineyard within the next ten years for cash, financial advisor Lori Van Dusen didn’t flinch. The woman and her husband, then both fiftysomething surgeons, were already socking away enough to maintain their lifestyle in retirement. And Van Dusen, founder of LVW Advisors in Pittsford, New York, expects clients to share their goals, even those that might seem like a stretch…..

Read more: https://www.forbes.com/sites/halahtouryalai/2018/09/10/how-top-financial-advisors-are-using-behavioral-science-to-rethink-your-investments-1/

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you
https://www.paypal.me/ahamidian

Reaching Financial Independence Through Personal Loans in 4 Steps – Jeff Rose

1.jpg

As a Certified Financial Planner (CFP), I’ve spoken to people who are ready to take better control of their debt, and their financial situation in general, but aren’t sure where to start. There are times when taking out a personal loan can be an advantageous first step – even if the idea of borrowing makes you uneasy. Maybe you have multiple debts to consolidate or need capital to complete an important project. Whatever your reason, the influx of cash that personal loans offer can be used to achieve a number of goals…..

Read more: https://www.discover.com/personal-loans/resources/learn-about-personal-loans/financial-independence/?cpn=content:Pocket

 

 

 

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you
https://www.paypal.me/ahamidian

Women and Money: Why It’s Important to Take Control of Your Finances – Carrie Schwab Pomerantz

I’d like to use this March focus on women to encourage women everywhere to take charge of their finances as an important step in negotiating a better situation for themselves. To me, financial independence is empowering. By taking charge of your finances, you’re taking charge of your life. Here are some ideas on how to do just that.

1) financial independence

Women are known to put others’ needs first, but when it comes to retirement, you have to think of yourself. Take charge of your own financial future by taking full advantage of a company retirement plan.

Contribute at least up to the company match, more if possible. Don’t have a company plan? Open an IRA. The point is to save as much as you can as soon as you can.

Start in your twenties and you can comfortably save about 10-15 percent of your annual salary (including any contributions from your employer) and you may not have to increase that percentage for the rest of your working years. Start later and that percentage goes up precipitously.

For instance, if you wait until age 40, you’d have to sock away a minimum of 25 percent of your annual salary. That may sound like a lot, butrealize that retirement can be long. Many financial planners recommend that you anticipate living until 90-plus in retirement planning calculations. You need to be prepared.

2) Don’t just save—invest

Part of that preparation is learning to make the most of your money, and that means investing. Your first thought may be that you don’t want to take the risk, and market ups and downs are definitely a reality. But being too cautious can also put you at a disadvantage.

Especially for something with a longer time horizon such as retirement, you ideally want a diversified portfolio that’s positioned for growth. This means having a portion of your money invested in the stock market and accepting the associated risk. While that can sound daunting, it doesn’t have to be because you don’t have to go it completely alone.

3) Team up with an advisor

When it comes to investing and managing your money, having a support team can be a great confidence booster. Even if you’re just starting out—and especially as your assets grow—consider working with an advisor. I think of a financial advisor sort of like a personal trainer, someone to guide you and keep you going when you might otherwise be tempted to call it quits.

An advisor can help you look at the big picture, focus on retirement planning and build a well-diversified portfolio. And working with an advisor who understands you and your goals can be a major source of peace of mind. So think about the type of person you’d be most comfortable with. A lot of women prefer to work with a female advisor.

But gender aside, look for someone with whom you can communicate easily. Of course, how much you want to work with an advisor is up to you—a one-time consultation, periodic check-ins, or full-time asset management. Just make sure you understand how and how much your advisor is paid. Costs matter.

4) Have a financial plan

To really get on top of your finances, you may want to work with a Certified Financial Planner (CFP) professional to develop a comprehensive financial plan. A 2012 Schwab study on women’s confidence in managing their finances indicated that women with a written financial plan were significantly more confident than women without one.

I’m a huge advocate of having a financial plan because it goes beyond just saving and investing, and helps you look holistically at all the interrelated parts of your financial life. It reviews your income, expenses, investments, retirement planning, insurance coverage, income tax liability, estate planning needs and—most importantly—how they all work together. Plus it gives you a roadmap to follow and a plan of action.

Your kindly Donations would be so effective in order to fulfill our future research and endeavors – Thank you
https://www.paypal.me/ahamidian

%d bloggers like this:
Skip to toolbar