This post is from GRS staff writer Donna Freedman. Donna writes a personal finance column for MSN Money, and writes about frugality and intentional living at Surviving And Thriving. A basic burial averages close to $6,600 in the United States. Many people worry about the financial burden this places on their families. There is a [...]
This guest post from Christine is part of the “reader stories” feature at Get Rich Slowly. Some stories contain general advice; others are examples of how a GRS reader achieved financial success or failure. These stories feature folks from all levels of financial maturity and with all sorts of incomes. This reader story is a [...]
When you start your small business, one decision you have to make is how to form your entity. Many entrepreneurs find it difficult to decide between the LLC or sole proprietor business structure. The best way to make that decision is to take a few minutes to really understand the differences between the two. Let’s [...]
If you are an investor, you know how difficult it is to tolerate investment volatility. It’s not unusual to experience day after day of multiple 100 point swings in the major indexes – from one direction to the next. That kind of movement can throw you right off your investment horse. More than one person [...]
When you consider any financial transaction, it’s always good to start out with a negative bias. In other words, it’s good to actively look for problems and search for what might go wrong before you sign on the bottom line. I always assume the worst and look for landmines. If I don’t find anything, I [...]
Everyone knows how difficult it can be during a recession. But not everyone knows what a recession really is. Ronald Reagan said a recession is when your neighbor loses his or her job. A depression is when you lose yours. That’s a good starting point, but let’s dive in a bit deeper. What is a [...]
When will the housing market recover? Is now the time to buy a house or to make an investment in rental real estate? If you are looking for an answer, you may find the situation confusing. On the one hand, people are signing real estate purchase agreements in big numbers compared to 18 months ago. [...]
Credit cards can be great financial tools. However, as with all things financial, if you want your decisions to be successful, you need to do what’s best for you. When choosing a credit card, you want one that offers you the best combination of perks for your individual financial situation. The right credit card can [...]