Required Steps to Financially Prepare for a Baby

You get 9 months to prepare for an arriving baby. Well in true sense its 8 months. You’ll make the nursery, you’ll buy clothes, blankets, baby’s furniture, medicines ,toys and what not. But are you financially prepared to meet the demand of a child birth? In US, a child birth is costliest in the world.

Baby

Average cost of raising a child hits $245,000 in 2014 for the first 18 years of their life, excluding cost of college education, fertility treatment, adoption, private education,etc. For many its like having another mortgage to pay off in 18 years. You can declare bankruptcy and forego your mortgage, when going gets tough. You can’t abandon a baby!

How I Turned My Impulse Buying Into Saving

“He who buys what he does not need steals from himself.” —Swedish Proverb

Because I had nothing else to do, I would waste money.

I used to have a bad habit of spending my money out of boredom, as an impulse. For instance, when I’m on my break at work, I usually want to go outside with the feeling that I need to “accomplish” something. So what I do is I would go to Starbucks and buy a latte that would cost me $4, although free coffee is available in the office break room.

Alternative Investment Gold and Wine

In recent past we have seen gold prices coming down and it is predicted to come down further by the year-end. where as wine as an investment is gaining momentum and expected to increase further,as per Bloomberg news. Enjoy this guest post which discusses this matter further.

Alternative Investment Gold and Wine

Gold and Wine that have been tracking each other’s prices for over a decade have finally diverged. As a result, it is essential to analyze the reasons behind this trend as several investors are losing faith in bullion.

Planning for money and Wealth Inheritance

If you are relatively young and in good health, thinking about someone one day inheriting your money might seem like a very distant future. Similarly, it almost might not seem like a useful effort, if you presently don’t have much money. For both situations I’ll say this: wealth doesn’t just happen.

Planning For Money and Wealth Inheritence

 

A Guide To Forex Market Trading Styles

People analyse markets in very different ways. There are those that trade psychologically, those that invest with their heart, and those that rely on technical charts and mathematical data. There are also those that stick rigidly to a strategy, those that use strategies simply to help identify potential trades, and those that would scoff at the simple suggestion of an algorithmic strategy.

Forex Chart

Regardless of how you trade, though, you should fall into one or more of three basic categories, assuming that you are taking Forex trading seriously, which you absolutely should if you intend to invest any of your money in currency.