Top 3 Tips for Getting a Mortgage – Be Ready to Make Your Real Estate Offer

Take These Steps Before You Buy a Home So you’re thinking of buying a home—congratulations! Between mortgage payment calculators, reality agreements, and FICO scores, there is a host of information to process as you make your home ownership dreams a reality. Pre-qualifying and understanding the process before getting a mortgage will give you a leg up on the competition, when it comes time to buy a home. Buying a house is an exciting and nerve-wracking time, but these 3 tips will take the myst…

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Net Present Value Advantages and Disadvantages

While teaching a Corporate Finance class for MBA students at a local university, I was asked a question that underscored importance of the net present value concept. Net present value is a method to href=”https://barbarafriedbergpersonalfinance.com/mba-class-time-value-of-money-financial-decision-making/” target=”_blank” rel=”noopener noreferrer”>put a dollar amount on future cash payments. It’s great if you win the lottery and want to determine whether to choose the lump sum payment or …

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Time Value of Money in Financial Decision Making Leads to Greater Wealth

The Concept of Time Value of Money is Important to Financial Decision Making Because … “A bird in the hand is worth two in the bush” This medieval proverb still holds true today. In modern terms, it’s better to have a certain payoff today than an uncertain one in the future. After all, who knows what the future holds? By understanding the importance of time value of money, you can find out how to hack the TVM concept for your own benefit.

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Accredited Investor Opportunities

The world of investing is already diverse: all you have to do is build a portfolio with a mix of asset classes, and you’re well on your way to meeting your financial goals… right? Maybe not. There are a multitude of new investment opportunities popping up, including many accredited investor opportunities. Find out how to become an accredited investor (or qualified investor) and whether these opportunities might be for you.

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lazy portfolio investing woman

The Best Lazy Portfolios for Wealth Building

The best lazy portfolio is the one set up in line with your risk tolerance and rebalance regularly. In investing there’s no one right way to invest or manage your portfolio. In fact there are hundreds of different approaches, and probably more. Consider the active portfolio managers, they all have their own ideas about how to get the highest returns for their particular strategies. Then there are the hedge funds, clamoring for alpha from creative investment strategies. Finally, the market tim…

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financial planning process-girl on computer thinking

The Financial Planning Process – Steps to Wealth

How to Manage Money Wisely – The Personal Financial Planning Process Everyone wants to improve their financial situation, but many people are stuck in the same habits that prevent them from thriving financially. Unfortunately, it’s hard to improve when the same old financial advice is repeated ad nauseum: budget, budget, budget! “What does that look like in my life?” you might wonder. “And aren’t there any other ways to improve my financial life?” You might wonder, “How to manage your money w…

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we're talking millions

We’re Talking Millions! 12 Ways to Supercharge Your Retirement – Review

How to Supercharge Your Retirement by Being a Spectacularly Normal Investor Free copy for teachers and those strapped for cash! (scroll to the bottom) ‘We’re Talking Millions! 12 Ways to Supercharge Your Retirement’ by Paul Merriman and Richard Buck is a must read for newbies through retirees! Inevitably, we reach a time in our lives when we must consider retirement. Some of us become aware of the inescapable approach of old(er) age early, and some of us are surprised by the grey in our hair….

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Retirement myths - old couple on bench

The Truth About the 401k – Myths Exposed

6 Retirement Myths-Believe at Your Own Peril Find out how 401(k) myths can hurt your long-term wealth. Yes, it is important to invest in your workplace 401(k), but there’s more to retirement investing than that! You need to choose investment wisely and also invest outside of your 401(k) account as well. Learn the truth about the 401k and how to maximize retirement investing. 401k Myth #1 – The 401k is the Best Place for All of My Retirement Savings Not necessarily. There are many different ty…

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man flipping websites

Flipping Website—Strategies for Profits

“Flipping” is a well-known term in most side hustles. From flipping small items like thrift store finds to flipping real estate, there is a market for flipping no matter your niche. Websites are no different: with an eye for potential, you can make money flipping websites.

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