2017 Forecast

 Financial Forecast for 2017

2017 is shaping up to be an interesting year in many ways. The new administration has shaken up the market and left many wondering what will happen economically in the US. Here we’re going to take a look at our forecast of the financial future for the next year.

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Top 11 Countries With The Most Billionaires

Top 11 Countries With The Most Billionaires

These countries lead the way in producing the most people with 10-digit fortunes.

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Accumulate Wealth and Be Comfortable

Accumulate Wealth and Be Comfortable

 

Whether your goal is to become a millionaire or to just be financially secure, we’ve got a few practices to help you accumulate wealth and become comfortable.

These tips come straight from David Bach, self-made millionaire and best-selling author. Bach outlines a one-step plan to get rich by making it automatic in his book “The Automatic Millionaire”.

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Record Home-ownership Rates

Record Home-ownership Rates

 

The U.S. home-ownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for many renters.

The share of Americans who own their homes was 62.9% in the second quarter. This is the lowest since 1965, according to a Census Bureau report Thursday. It was the second straight quarterly decrease, down from 63.5% in the previous three months.

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7 Mistakes Millennials Make in Home-Buying

7 Mistakes Millennials Make in Home-Buying

 

Millennials – they’re the generation between 18 and 35; the new young professionals; the recent graduates, and they’re also coming into the housing market in droves. Usually, they’re also first-time homebuyers, which means that they have the potential to make mistakes in the home-purchasing process.

Here are the top seven mistakes millennials make when they purchase a new home. Whether you consider yourself part of the generation or you’re just looking to ensure your home search goes as smoothly as possible, these tips should help any potential homebuyer.

 

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5 Steps for Parents with Kids Transitioning to College

5 Steps for Parents with Kids Transitioning to College

One minute they’re young and fragile and you’re rocking them to sleep, and the next they are ready and raring to flee the nest with as much excitement and vigor as they once had for Chuck-E-Cheese and unicorns. Life is fleeting, and nothing is more evident of this than when your child goes away to college.

For a lot of us, thoughts of having our child stay close to home for college, maybe even taking online courses so they don’t have to go far away, has crossed our minds. As parents, the role we really need to play is more supportive and less overbearing at this point. Here are the five things to help your child transition to college.

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Stealth Savings: Little Moves that Equal Big Money

Stealth Savings: Little Moves that Equal Big Money

So, you’ve banned takeout, swapped all venti fat-free lattes for the trusty Mr. Coffee at home, staged the yard sale, cut the cable, dropped the landline, raised your insurance deductibles, brown bagged every single lunch for months, and plan to limit the A/C all sweatin’-summer long.

But you still need to build your emergency fund. What can you do?

Make little changes for maximum impact.

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Having the “Money Talk” with Your Parents

Having the “Money Talk” with your Parents

 

Having the “Money Talk” with your parents can be very uncomfortable. However, it is necessary to have now, before it becomes a problem in the future. People tend to not like talking about money or death, so when you combine the two it can cause some discomfort. Another reason for avoiding the conversation is that maybe your parents could be embarrassed because they didn’t handle their money well. Also, as the child you don’t want to come off as greedy or nosy.

Whatever the reason, we’re going to outline some steps you can take now to avoid some serious problems down the road.

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Closing the Gap Between your Financial Reality and Goals

Closing the Gap Between your Financial Reality and Goals

 

Most of us are failing miserably with our finances. Personal savings rates are at an all time low, retirements savings are non-existent, and overall net worth is diminishing.

Nobody wants to be terrible with their finances, so why are we failing? We’ll take a look at some of the reasons and some small steps you can take to get back in financial shape. It’s never too late to be Smart With Your Money.

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My Partner has Bad Credit; Can We Buy a House?

My Partner has Bad Credit; Can We Buy a House?

You’ve scrimped, saved, and made sure every bill is paid just to be in the perfect position to purchase a property. You’ve got great credit, but how about your partner? Eh, not so much. This is a very common issue that I run into on a weekly basis. Sometimes when a couple, married or not, is looking to purchase a home they run into the issue of one of them having bad credit. So, let’s take a look at your options if this is the case and some other possible solutions.

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