Spread Betting Strategies for Beginners

Spread betting is a form of investing that involves the speculation on an asset’s price movements. Basically, an investor adopts a “long” (buy) position if he thinks that asset will increase in value in the future. If the investor thinks that the price of an asset will go down, then he will adopt a “short” (sell) position. It is somewhat similar to stock trading but with a few differences. It is generally riskier than traditional trading but it has a larger potential for profits – which has made it gain more popularity among investors worldwide.

5 Financially Responsible Things To Do With Your Refund


It’s that time of year again, and if you have not filed your taxes yet, you might want to hurry. While you might feel tempted to procrastinate and put it off for later, doing so means it will take longer for you to receive your tax refund check, and nobody wants to wait.

Building A Nest Egg With Small Pay-Checks


Low paychecks do not mean that retirement planning is impossible. While some non-profit organizations offer retirement plans to employees, most other organizations expect employees to chart their own course.

So, how do you save up for retirement if you’re in a low-income career path?

3 Simple Ways To Improve Your Credit Score


If you have bad credit you might think you are doomed to ride the city bus and rent a house your entire life. Items such as a bankruptcy or debts in collection are going to ding your credit. These negative items will stay on your report for the next seven years. So you may think that you’re screwed for several years. But that might not be the case entirely. Sure, bad mistakes made when you were younger are indeed going to hurt you, but there are things you can do to to boost your credit score right away.

3 Ways To Change Your Perspective On Money


We all want to be better at managing our finances. It is understood by most people that responsible and smart money management will improve our lives. Responsible money management allows our lives to be less stressful—less fraught with questions like “do I have enough in the bank to cover this week’s groceries?” and “what will I do if there is a real emergency?”

Understanding Basic Investment Products: Stocks


It can be very intimidating to get into investing, especially for young people or people newly endowed with large sums of cash (such as in the cash of an inheritance). Investing can feel a lot like gambling, and it a lot of ways it is, so many people are hesitant to throw their hat in the ring.

5 Point Checklist To Get Out Of Debt


Getting out of debt is not easy, but it is possible if you have a plan to destroy your debt. While these steps may not be sexy, they will work if you stick to them. Here is your blueprint to pay off your debt and get back in the black.

5 Money Making Ideas You Can’t Ignore


The period around Christmas and new year is always going to see your checking account taking a considerable battering.

In order to save money at times like this, it’s first necessary to have some extra to save. Follow our money-making tips below, and you’ll be well on your way to doing exactly that.

3 Situations Where Payday Loans Make Sense


Usually when most consumers hear the phrase “payday loan”, alarm bells start ringing in their heads. Who can blame them? The media has painted payday loans as the bad guy.

Well, the reality is that, payday loans are exactly what they are: they are loans. They are neutral financial instruments that can produce a lot of good in the hands of some people and could produce a lot of bad when abused by some other people. That is the bottom-line.

Hidden Tax Benefits Of Using A Credit Card


It’s easy to focus on the harms credit cards can cause us. But that’s actually quite unfair because, if you look at it, credit cards are just neutral personal financial utensils. That’s what they are, they are simply tools we can use effectively. And just like with any tool, you can do something good with it or you can abuse it. It’s not the tool (the credit card) that’s the problem but the person using the tool – that’s the bottom-line.