There are many different budgeting systems out there, but one of the more popular methods for getting your finances back on track is the envelope budgeting system. The envelope budgeting system, made popular by Dave Ramsey, uses a cash-based budget that is divided into several different categories.
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For years, TradeKing has been recognized as one of the best discount brokerages out there. TradeKing is inexpensive, and offers a number of tools aimed at helping investors make the most of their money. However, these tools are largely best for those who have time to utilize them and do the legwork of building an investment […]
Folio Investing, also known as FOLIOfn, is an investment platform that provides investing and portfolio management which allows customization as well as tax and cost management benefits. It combines investing in mutual funds and exchange-traded funds, with individual stocks, in what it calls folios.
TD Ameritrade has a long history in the brokerage industry. You have probably heard of TD Ameritrade due to its famous television commercials. Actor Sam Waterston or Assistant District Attorney Jack McCoy from the Law & Order franchise is the company spokesman. They are not only accessible online, but you can visit one of the […]
There are a number of online brokers out there that provide you with the chance to invest on your own at a reasonable price. One of the more novel brokerages is Motif Investing, a discount brokerage that helps you invest based on themes. It’s like building your own mini-ETF. Recently Motif ranked number four of […]
FutureAdvisor is an online investment advisor that automatically manages your investments. It helps you to do this in an advantageous way by using modern portfolio theory (or MPT), to build and maintain a portfolio to maximize your return based on certain levels of risk indicated by your investor profile.
Automated investment platforms seem to be springing up all over the web. Some are gaining a reputation well ahead of the pack. Two examples of this are Betterment and Wealthfront. In so many ways, the platforms function in similar fashion. But there are differences between the two that could serve you and your investments better.
By now you’ve probably heard about Mint.com and how to use it to manage your finances. By linking all your accounts, you get an overall snapshot of where your money is going, and the progress you’re making on your goals. But do you really know how to make Mint.com work to your advantage? This is […]