What to Look for in Investment Tracking Software

Prudent investors keep an eye on their money and ensure they’re sticking to their plan for the future. Whether you primarily manage your own investments or work with a professional money manager, the right investment tracking software can make this an easy task.  But there are dozens of options to choose from, each with its benefits and drawbacks. Here are a few of the features you should look... Continue reading

12 Must-Have Features of Budgeting Software

A debt problem at its core is a budgeting problem. This is one of the most important lessons in personal finance: you can’t save your money if you don’t know where it’s going. In other words, you need a budget.  In fact, 74% of Americans now track their expenses with a budget. But just realizing the importance of a budget isn’t the same as properly executing one. Between retirement accounts,... Continue reading

How to Make the Most of Your Charitable Contributions

4 Ways to Maximize Your Charitable Contributions Charitable giving is an altruistic opportunity to help others and receive a tax deduction. Here’s how you can maximize both impacts.  You can approach charitable giving in many ways. Perhaps it’s a monthly obligation, one of your regular budget categories, or an annual tradition. No matter when you give, a strategic approach can help ensure your... Continue reading

6 Money Traditions to Spread Cheer Now & Through the Year

While each family’s traditions can be quirky and unique, the desire to spend time together and bring joy to one another is universal. With a focus on money-related traditions, we asked members of the personal finance media and financial professionals to share their families’ customs and practices. 1. Help Those Who Need It Most Many families’ holiday money traditions involve giving to others.... Continue reading

Simple vs. Compound Interest: Here's What You Need to Know

When you stash your money in savings at a bank or credit union, the financial institution pays you interest—free money you receive every month. But you also see interest rates when you’re looking to borrow. That new credit card, your mortgage, a student loan — all of them come with an interest rate that lets you know how much you’ll pay your lender. When you’re on the receiving end of interest,... Continue reading

Investment Property Loans: Everything You Need to Know

Investing in real estate requires capital, whether you’re buying a vacation condo to rent out, a single-family home for leasing, or a multi-story apartment building. Rental property loans can provide the capital you need, but they’re not exactly the same as conventional home mortgages. It’s important to understand the nuances of these loans before you sign on the dotted line.  Why Use an... Continue reading

40 Tips for Buying Your First Rental Property

Buying rental property can be a great way to earn income—whether you’re purchasing a condo, a single family home, an apartment building, or a number of properties to diversify your rental portfolio. Today, individual investors own more than 47% of rental units in America, according to Harvard’s Joint Center for Housing Studies’ America’s Rental Housing Report. But rental property investments can... Continue reading

20 Average Monthly Expenses to Include in Your Budget

Whether you’re creating a new budget or refreshing an old one, you’ve probably noticed how important (and difficult) it is to get your monthly expenses right. Underestimating or missing an expense can throw your spending strategy into disarray, so it’s helpful to have guidance on the budgeting norm. To help you get it right, we’ve assembled a list of the most common average monthly expenses.  20... Continue reading

Rollover IRA: Rules, FAQs & How-To’s

When you have money in a 401(k) or other type of retirement account, you may need to move it if you leave your job (or for other reasons). In this situation, you may consider transferring the money to a type of account known as a rollover IRA. What is a rollover IRA? A rollover IRA is an individual retirement account that can receive funds from a 401(k) or other type of retirement account.... Continue reading

Property Management Software: 6 Features Experts Want

If you’re a property manager, chances are your job requires you to juggle a lot of different tasks at once. Collecting rent, scheduling and managing repairs, maintaining a budget, posting and updating vacancy listings, keeping track of important legal documents—these are just a few of the many moving parts you have to stay on top of every day.  Whether you manage a single unit or multiple... Continue reading

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