I Need Money

What Is Shortselling — And Is It Evil?

The media, along with politicians, love to lambaste shortsellers and claim that they are the culprits behind stock market declines. When you sell short a stock you are betting that it will go down. Logistically, you “borrow” shares of the stock with a future promise to return them, and then you sell those shares on [...]

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Is Debt Consolidation The Right Choice For You?

Ads for debt consolidation are omnipresent on television, radio and the Internet. What exactly is debt consolidation? Many of us have a multiplicity of bills — store cards, credit cards, car payment, medical bills, etc. Debt Consolidation aims to combine all of your outstanding debts into one new single debt — ideally with a lower [...]

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Trade Like the Professionals By Using ETFs

It used to be that only hedge funds and high net worth individuals could include instruments like commodities, currencies and sophisticated index-based derivatives within their aggregate portfolios. Now, using the power of Exchange Traded Funds (ETF’s), the individual investor can now take advantage of the movement of precious metals, currencies, commodities or market sector indices [...]

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What the &%*# is Happening In Greece — And Will It Affect Me?

Europe is in crisis. You’ve surely witnessed scenes of rioting and anarchy playing out on the streets of one of the world’s oldest democracies. What exactly is happening in Europe? Think of the EU (European Union) as your family. One family member (Greece) engages in reckless financial practices and runs up a huge amount of [...]

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HelloWallet Seeks To Help Struggling Consumers

A new financial advice website, HelloWallet.com, has recently launched. The site is the brainchild of founder Matt Fellowes who came upon the HelloWallet concept while doing research for the prestigious Brookings Institution. Fellowes ascertained that average Americans lose over $100 billion each year due to a lack of financial information resulting in bad decisions when [...]

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The Low Down On Debt Consolidation

There are many complicated details when it comes to debt, but for those in a tough situation, the first order of business is lowering your monthly payment by any means. This is where debt consolidation can be a good option, and before moving ahead with it, there are a few key things you need to [...]

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Cutting Costs At The Supermarket

Improving your financial situation requires a double edged approach. You have to boost your income while decreasing spending. For many people, spending on food is a major cost and can be easily cut with some simple techniques. Use these tips to reduce your bill at the market and leave more cash in your pocket. Buy [...]

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Paying Off Multiple Credit Cards

One of the things that got us into this economic mess was the availability of easy credit. A few years ago, it seemed that they were handing out credit cards on the street to anyone who wanted one, and as a result, too many people got too many cards. As times got tight, people turned [...]

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