News about Finance

Debt Consolidation

Debt consolidation is a tricky subject. While it seems like it's a solution to save on interest and create one smaller payment, it actually is quite dangerous as it only treats the symptom. While debt consolidation creates the sensation that you've actually done something about your debt, it's actually still there! You… read more

Buying a Foreclosed Home

Expect that buying a foreclosed home to be a different experience than buying a typical piece of real estate. Usually there is only one agent involved and the essential piece of paperwork is a pre-approval letter from a lender before he or she will accept the offer. Usually there's not too much room for negotiation reg… read more

How to Avoid Overspending

It can be difficult for some people to responsibly manage their money on a day-to-day basis. Especially with the use of credit cards and ATM debit cards, people have also stopped relying on physical money in their daily transactions, and the result of this can be that the amount of money being spent doesn’t cross the… read more

Wealthy CEOs with $1 Salaries

CEOs are supposed to be the top earners in the world; all of the richest people are the heads of their own corporations and it is therefore assumed that their salaries reflect the commercial success of their business. However, many people are surprised to learn that there are countless CEOs that have signed off on rece… read more

Community Lending: The New Revolution in Banking

Virtual banks are the new frontier of managing finances, and because many people do not trust big banks anymore, online banking and banking apps are simply not enough. Puddle is a type of virtual banking that actually involves no bank at all; it is actually a transaction facilitated between friends or at least within a… read more