Author Archive for Jon the Saver
Jon the Saver is a personal finance writer at Free Money Wisdom. His mission is to help you succeed in your personal finance life. When Jon is not writing on personal finance, he spends time with his girlfriend, lifts iron at the gym, and plays Scrabble. You can subscribe to his site through EMAIL/RSS or you can also find him on Twitter and Facebook.
3 Things to Think About When Getting a Pay Raise
Tweet The story is very typical. You get a call from the big boss and he asks you to come into his main office. You’ve been working hard the last two years and you’ve been hoping and praying for a pay raise. Your blood races faster and you start smiling. You walk confidently into his [...]
6 Funds To Hedge Against a Recession
Tweet The word recession has investors searching for safe investments until the market rebounds. Just take a look at how the market has reacted recently. Investors want the maximum yield with the least risk involved. Luckily, options are available for investors to weather the storm until the economy improves. Mutual or index funds are a [...]
7 Tips For Buying Insurance Policies
Tweet If there’s one thing you should never rush into, it’s insurance. Whether it’s life or car insurance, it’s a huge decision that demands a little research and your undivided attention. You don’t want to make any hasty moves because one move too soon could mean losses in the thousands over the long term. Not [...]
10 Mistakes That Hurt your Credit Score
Tweet We all worry about our credit score., but how many of us actually go out of our way to protect our score and avoid certain decisions that could negatively affect it? During our lives we will face numerous financial decisions that could impact our credit score. Don’t know which actions to watch out for? [...]
Resume Writing Tips to Stand Out From the Crowd
Tweet I recently graduated college and had to interview with multiple companies. Before I even got to the interview, my resume was looked at by multiple managers. I remember one interview where the first thing the manager asked about was a misspelling. I was embarrassed but thankfully I had a revised copy on me where [...]
Go Cheap This Thanksgiving and Save Money
Tweet My favorite day of the year is coming up: THANKSGIVING! A day full of football, family, amazing food, and great memories. A day of thankfulness for what we have. The all-American holiday. With such a big holiday comes big expenses. Travel costs are the big expense for some families, but for others it’s the [...]
Should You Invest in the Stock Market or Hold Cash?
Tweet Let me paint a picture for you really quick. A man is sitting at his desk looking at his Scottrade account. He’s been noticing the volatile market swings and doesn’t know what to do with his money. He start sweating. He starts to wonder if he should place his money under his mattress instead. [...]
Money as a Relationship Builder
Tweet You’ve probably heard it before but I’m here to say it again. Bickering over money is ranked as the number one reason the majority of couples fight within their relationships and marriage. To be honest, this statistic does not surprise me at all. Whether it’s fighting over how to spend money or how to manage personal [...]
10 Ways to Simplify Your Finances
Tweet People can have several bills to pay each month. They will have the mortgage, the electric bill, the water bill, the gas bill, their auto insurance bill, their cell phone bills and the list goes on. There can even be times when a bill is missed and the payment is late. This can be [...]
What Drives Foreign Currency Exchange Markets
Tweet Currency exchange rates are one of the most important economic factors in determining a countries level of trade, and therefore, its level of economic health overall. Given the importance of these levels, it is not surprising that the foreign exchange market (FX) is one of the most actively traded, tracked, and analyzed markets on [...]
Prepare for Your Next Financial Crisis
Tweet With constant talk of the debt ceiling and a possible double-dip recession, I thought it would be applicable to talk a little about personal finance crisis events in our personal lives and what we can do about it. Like any other American, bad things happen to us. Most of the time we’re not prepared. [...]
Avoid These Warning Signs When Looking for a Financial Advisor
Tweet Not everyone has the time or “know-how” to manage their money on their own. That’s why personal financial advisers, and other financial professionals exist. That’s why many people hire a CPA to do their taxes. But before you hand over all your assets to an advisor, you should be aware of some common red flags. [...]
A Few Tips for Repairing Bad Credit
Tweet Getting rid of negative marks on your credit history is a problem facing many hard working people these days. With a poor economy making it difficult to pay bills, it’s no wonder more and more people are looking for solutions to get out of the rut they are in with bad credit. Good credit [...]
Tips for Buying Your First Condo
Tweet If your dream place to live is a popular travel destination, a crowded urban area, or any other location where real estate prices are escalating, you may be intimidated by the costs of single-family homes. Buying a condo is one option that allows you to achieve home-ownership while staying within your price range. What [...]
5 Reasons to Not Borrow From 401k
Tweet You won’t believe what I’ve been hearing at work lately. Fellow employees are taking out loans against their 401k accounts and borrowing money! I don’t know if there are people out there giving advice to do this, but it’s probably one of the worst ideas I’ve ever heard of. In fact, I would peg [...]
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