compounding returns

What to Ask a Personal Injury Lawyer

2013-05-17T00:00:00.000-05:00

The following is a guest post from Sam Payn. Sam is a reputed blogger who specializes in writing topics related to law and finance. In this article, he shares the top four questions that should be asked while hiring a personal injury lawyer. Thanks for the great article, Sam. Have you experienced a personal injury due to the fault of someone else or at the company where you work? If the

Simple Ways to Cut Car Insurance Costs

2013-05-10T15:59:00.000-05:00

If you are a car owner, it is mandatory to have car insurance coverage (at least, if you plan on driving on roads built by the Government.) But just because it is mandatory to have insurance doesn't make it cheap. At compounding returns we believe the best way to cut expenses over time is to focus on the small, recurring costs that add up. Car insurance falls into this category. But rather

Easy Ways to Spend Smarter

2013-05-03T07:06:00.000-05:00

Do you shiver every time you receive your monthly bills? Many people do, but still struggle to cut their expenses. If you fall into this category, or worse, have a family teenage family member who does; you can use the following list of tips to budget or help budget your teen's finances. Save on Fuel: How much did you pay last time you filled up your car tank? You can save up to $100 per

Get Rich. Act Poor.

2013-04-26T16:00:00.000-05:00

Can the key to building wealth really be summed up in two words? I believe it can be summed up by the words: Act poor. The authors of The Millionaire Next Door: Surprising Secrets of America's Wealthy, Thomas Stanley and William Danko discovered in their groundbreaking book, that the one thing that the wealthiest Americans have in common is their overall frugality. Armed with the

Save Money with Solar Technology

2013-04-19T08:00:00.000-05:00

Energy costs today are one of the single biggest expenses for the average American. Between the requirements of heating and cooling your home, filling your vehicle with gasoline, and keeping the yard green it becomes readily apparent that besides your mortgage energy expenses are one of the leading costs of the modern American lifestyle. There are numerous ways to reduce both your carbon

Pay Off Your Debt, in Record Time.

2013-04-12T09:03:00.000-05:00

The following is a guest post from Mandi Rogier, who has been researching and writing about money management since 2008. She's been published on numerous sites, including USA Today's Travel Tips and eHow Money. Recent surveys of the U.S. population indicates that the median debt for American households is $70,000. This figure includes all outstanding debt, including the burden of the

The Long Term Cost of Mutual Fund Fees

2013-04-05T06:47:00.000-05:00

Many people who do not have the time, inclination, or desire to manage their own investment portfolios choose to invest in mutual funds, leaving the stock picking to financial professionals. At compounding returns, we believe that for many investors, mutual funds can offer a great passive investment strategy. As a mutual fund investor, the most important thing to remember is that you are

Ways to Automate Your Finances

2013-03-29T18:41:00.000-05:00

Modern technology has made managing your finances easier than ever. The internet and smart phones are becoming an indispensable tool in the saver's financial toolbox, and you can use them to put your savings on autopilot all while ensuring your financial commitments are met. If you don't already participate in online or mobile banking, chances are your bank offers these services at no charge

Seven Ways to Grow Your Assets in a Bad Economy

2013-03-22T17:46:00.000-05:00

The following is a guest post from Ashyia Hill of CreditDonkey.com. While Ashyia provides us with some ideas of ways to prosper in a bad economy, some people remain in dire straights. If that describes your situation, you may want to consider a credit counseling course. Thanks for the great post, Ashyia! According to the United States Bureau of Labor and Statistics and Department of the

How to Earn More Money

2013-03-15T17:21:00.000-05:00

Does it matter how much you earn? That's a loaded question, isn't it? Depending on whether you are answering from a spiritual, existential, or social perspective, the answer may vary considerably. But let's put the higher level thinking aside for a moment, because on a fundamental level, it does. Earning more money means in most cases, more opportunities. That doesn't mean

Protect Your Identity Online

2013-03-13T14:00:00.000-05:00

Identity and credit card theft are rampant. As important as your credit rating and FICO score are to your financial future (used in everything from financing a home or vehicle to pre-employment screenings), it is more important than ever to protect your identity. There are numerous strategies to protect your identity and credit score online. Here are just a few: Get your credit report

Precious Metals and the Small Investor

2013-03-11T17:03:00.000-05:00

Gold, silver and in fact all precious metals are one of the most misunderstood investment classes among the small investor, despite being one of the most straightforward. They do not spin off dividends or carry coupon rates. They are sold as a speculative investment based solely on weight and perceived market value. In that sense, gold and silver are easy to understand. Despite the simplicity

Military Guide to Surviving a Government Shutdown

2013-03-06T16:50:00.000-06:00

The day that wasn't supposed to come, has come and gone. The budget sequester was signed by President Obama on 1 March, 2013... And guess what, the sun still rose in the East on the 2nd of March. We all still went to work. Paychecks didn't bounce. In fact, the last five days have been, in large part anti-climactic for most government employees, including members of the military.

10 Ways to Save Money on Gas

2013-03-02T09:37:00.005-06:00

According to AAA, the average gallon of unleaded gasoline in the United States currently costs $3.76. This price varies between states, but has been increasing steadily in the past months. There are numerous ways to save money at the pump. Some people choose to purchase a more fuel efficient vehicle, telecommute to work, drive less, or take public transportation; methods which which can save

Business Management Tools and Techniques

2013-02-28T07:30:00.000-06:00

Running a small business can be a critical component in building your net worth and assets, but if you have not yet established a division of cash flow to separate your personal and business finances, it may be about time to do so. Whether that means establishing a corporation, an LLC or simply finding a professional data aggregation company to do your analytics at distributor pricing, its

Benjamin Franklin: Personal Finance Blogger

2013-02-22T08:48:00.000-06:00

It is hard not to be a fan of Benjamin Franklin. One of the fathers of our very nation, Benjamin Franklin was an inventor, diplomat, statesman and author. But personal finance blogger? Well, OK maybe he wasn't a blogger, but the result was the same. Benjamin Franklin was the author of Poor Richard's Almanac. (A great name for a blog, if I do say so...). He wrote the series of books under

A Beginner's Guide to Stock Market Investing

2013-02-18T19:18:00.000-06:00

I have an embarrassing confession to make. A few years ago, I was terrified of the stock market. It seemed to me an intimidating system of numbers and vocabulary whose meanings were well beyond my level of understanding. In fact, I recently spoke to a coworker who still shares a very similar sentiment of the stock market. Talking to my coworker was like looking in the mirror a couple of

Become a Millionaire: Savings By Age

2013-02-11T15:24:00.002-06:00

A million dollars has long been considered to be the benchmark of wealth in the United States. According to CNBC, the percentage of Americans with a net worth of more than a million dollars currently stands at 4.46 percent of the overall population. So what must the other 95.54 percent of Americans whose net worth is below this level do to join the ranks of the wealthy? In The Millionaire

5 Creative Ways to Pay Off Your Student Loans

2013-02-10T14:36:00.000-06:00

Every student today is encouraged to go to college. A college education prepares you for the workforce and it gives you the skills and experience that you need to market yourself to potential employers. Obtaining an associates or bachelor's degree is the responsible thing to do if you want to create a good future for yourself. Unfortunately for many of us, this means that you are going to

What Is a Vanishing Deductible?

2013-02-04T16:28:00.000-06:00

The following is a guest post by Morgan Mitchell. Thanks for the great post, Morgan! Are you a safe driver? If so, it might interest you to learn about something called a “vanishing deductible.” If you don’t know what a vanishing deducible is, or whether you qualify for one, read on find out how this insurance feature can save you money. What is a vanishing deductible? Car insurance

Infographic: Top Personal Finance Blogs

2013-02-01T07:41:00.000-06:00

An infographic by the team at Couponaudit.com .

A Field Guide to Your Finances E-Book Is Out!

2013-01-31T17:25:00.002-06:00

As promised last year, we've been hard at work on A Field Guide to Your Finances: A Military Member's Guide to Getting Rich. We're proud to announce that as of last night, the E-Book is live in Amazon's Kindle Store! Its our first follow up compounding returns Guidebook since the successful release of The 15 Year Millionaire. A Field Guide to Your Finances is full of advice and information

The Millionaire Mind: How the Wealthy Live

2013-01-29T16:32:00.001-06:00

If you still haven't read The Millionaire Next Door: Surprising Secrets of America's Wealthy, it may be about time. It's a great read for beginning investors and advanced students of personal finance alike. In this fascinating book, the authors, Thomas J. Stanley Ph.D., and William D. Danko Ph.D. study and analyze in depth the lifestyles of America's wealthy, and identify several

Recovering from the Holiday Debt Hangover

2013-01-27T10:26:00.000-06:00

Its that time of year. The holidays are over, but the bills have just begun! As the egg-nog fog and turkey induced paralysis begin to wear off, we take stock of our financial situation in anticipation of the new year, many of us will have found ourselves overextended in providing a nice Christmas for our families. Perhaps we financed some holiday travel, took out a loan for a large purchase, or

How to Analyze the Gold Market

2013-01-25T08:51:00.003-06:00

If you are currently a gold investor, or considering becoming one it is very important to know more than just the day-to-day price of an ounce of gold. It also vital that you understand the factors driving the price of gold over the short term and long term. There are an overwhelming number of information sources out there and you will have to use your best judgment when determining who