Finance Globe

Working from home may sound like a dream come true, but before you take a seat and get to work there are a few things you need to consider. First and foremost, you need to answer this question: how much money will it take to setup your home office?Some companies pay for employees to setup a home office. This includes all the equipment they need, from a desk to a computer and much more. Others, however,...

You may not have a lot of money in the bank, but there is a good chance you have quite a bit (or at least a little) of equity in your home. This is the difference between the amount you owe your mortgage lender and the actual value of your property.With a home equity line of credit, you can borrow money against your home’s equity for everything from paying off debt to fixing up your property.Here...

Now that 2014 is well in the past, you may begin to look towards the future. From a career perspective, this could mean asking for a raise in the new year.While there is nothing wrong with discussing this with your supervisor, there are things you should and should not do along the way.Here are three things you should never say when asking for a raise:1. I can’t remember the last time I received a raise. This...

Living without a budget is like playing with fire. You may get away with it for an extended period of time, but it will likely come back to burn you at some point. With this in mind, it is best to have a budget in place at all times.Here are five of the most common budgeting goals. Set these for yourself and your financial situation will soon improve:1. Set up and follow a basic budget. This...

Reality check: 76% of American families live paycheck to paycheck. Only 50% of us have enough savings to cover expenses for three months. 27% have nothing saved. 38% of adults don’t think they’ll have enough saved by the time they reach retirement age. Only 40% are following a budget. Collectively, we owe 11.52 trillion dollars in consumer debt. When it comes to their personal finance knowledge, 40% of adults would give themselves a grade of C,...

Some people keep a close watch on their savings, knowing exactly what is going on at all times. Others, however, subscribe to the “set it and forget it” philosophy. In other words, they make a final decision and leave things that way for an extended period of time.You don’t have to review your strategy on a daily basis, however, it is a good idea to keep a close watch on what you are doing.Here are five...

Is 2015 the year you will finally take the leap into the wonderful world of self-employment? If you answered yes to this question, it is safe to assume that you are both excited and anxious about moving forward.Before you leave your current job, here is a question you must address: how will your benefits be impacted?If you have a full-time job at the present time, there is a good chance you receive many benefits, including but...

Buying a new car can be fun in many ways. At the same time, this can bring a lot of stress into your life, especially from a financial point of view.Unless you are in position to purchase a car with cash, there will come a point when you begin to compare your loan options.There are hundreds of lenders out there, both big and small, willing to provide you with a car loan. When it comes to...

When it comes time to negotiate with a contractor, many people make one of two mistakes: They don’t negotiate at all, but instead accept the price they are offered.They throw out a random number, without any thought, hoping that the contractor agrees. Rather than make one of these mistakes, here are three better ways to negotiate: 1. Ask for a cost breakdown. This will give you a clear idea of what you are paying for, as...

There is nothing worse than the thought of becoming disabled. This can be even more frustrating once you realize you will not be able to work for a particular period of time.With short term disability insurance, your situation will not be nearly as desperate. Instead, you can rely on this coverage to pay a portion of your salary until you are ready to return to work.While not always the case, the most common type of short...