Average Joe’s Money Blog


-Our resident bloggers, AverageJoe and OG, writes what informative and interesting posts at least three days a week.

Monday through Thursday - They bring financial planning news, strategies and tips.

On Fridays Joe shares his choice for the Blog Post of the Week!, where he crowns a blog writer as the winner in his soon-to-be-esteemed competition.

How to Finance Your First Car

Posted by on 6:02 pm in Debt Management, Featured, money management, Planning | 0 comments

How to Finance Your First Car

According to NADA’s Annual Financial Profile of America’s Franchised New-Car Dealerships, dealerships sold or leased more than 15.5 million new cars and trucks in 2013. That accounts for a 7.5 percent increase from the year before. As car sales grow and everyone you know seems to be driving around the newest model, it’s tempting to jump in, buy it and speed off the lot with the wind in your hair. Despite the relative ease of purchasing a vehicle, it’s important to know your options, find the best financing available...

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Get Inspired: Business Successes

Posted by on 5:52 pm in Featured, Meandering, Productivity | 0 comments

Get Inspired: Business Successes

There’s no two ways about it, business can be hard work, whether you’re focusing on progressing up that proverbial career ladder or you’re looking at breaking away from the norm and starting something for yourself. At times, it can feel like your business plan is going nowhere – but don’t despair! Instead, it’s important to get yourself re-inspired. Whether that’s by enrolling onto a course that can help train your business acumen – something that London School of Business and Finance (LSBF) can...

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Tax Deductions: Yea or Nay?

Posted by on 6:43 pm in Planning, Tax Planning | 0 comments

Tax Deductions: Yea or Nay?

Tax season is here and filers, both individual and business, are digging through last year’s documents searching for ways to lower their tax liability or beef up refunds. While some of their findings may be completely legit, others could raise eyebrows at Uncle Sam’s headquarters. Here are some commonly claimed deductions, and the consensus regarding their legality. You might be surprised. Furry Friends Rover and Bruno may be your most prized possessions, but the IRS doesn’t necessarily share the same perspective. Simply put, four-legged...

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Four Ways To Optimize Your Personal Finances In 2015

Posted by on 3:30 am in Featured, Tax Planning | 0 comments

Four Ways To Optimize Your Personal Finances In 2015

As 2015 picks up steam, more and more people are hunting for strategies to optimize their personal finance picture. Is that you? If so, let’s tackle several techniques you can employ to make it happen. 1. Visit Your Insurance Agent. If you’re serious about optimizing your personal finances in 2015, be sure to visit your local insurance agent. I’m always surprised by the number of people who don’t think to find out what special deals and offers are available. One insurance agent friend of mine said that you should check...

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How and Why People Invest In Gold

Posted by on 11:23 am in Featured, Investing | 0 comments

How and Why People Invest In Gold

A reader recently asked me if they should invest their cash reserve in gold. Probably not…. Gold is a misunderstood investment. Some view gold as eternally safe (when it is anything but); some see it as a glamorous means to short-term gains; and some misunderstand the market entirely in terms of how, exactly, it moves in correlation (or not) with or against other asset classes. Let’s set some of these misunderstandings straight, shall we? Here are a few of the things that typically appeal to seasoned investors who tap into gold....

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5 Tips to Save Money on Your Smartphone Bill

Posted by on 6:55 pm in budget tips, Featured, Lists | 2 comments

5 Tips to Save Money on Your Smartphone Bill

When you just can’t seem to make your money last all month, something has got to give. If you’re searching for ways to cut your monthly expenses, look no further than your smartphone. A Harris Interactive survey found that almost half of Americans spend $100 or more each month on their smartphone, while 13 percent drop $200 or more on monthly phone service. Pardon our frankness, but that’s crazy. $100-$200 a month? No, no, no. We’ll show you how to do it for cheaper. Downgrade Your Data Plan Check your usage statistics...

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3 Smart Things 20-Somethings Can Do With a Tax Refund

Posted by on 6:42 am in Feature, Featured, Investing, Lists | 2 comments

3 Smart Things 20-Somethings Can Do With a Tax Refund

Unless you left with an accounting degree, filing your first tax return after college can be a little deceiving. A couple government checks in the mail this summer might feel like a consolation prize for a dues-paying job, and you deserve to be king for a day, right? Hold on a minute. We have a few ways you 20-somethings can make the best use of your tax refund. Perhaps the Most Underrated: Start Saving If you get your refund deposited directly in your bank account, it’ll just “show up” one day, like someone just dropped a...

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Good News: Small Business Confidence Is High. Here’s Why

Posted by on 3:20 am in Banking, International News | 0 comments

Good News: Small Business Confidence Is High. Here’s Why

Some news today for our UK readers. Will this spill over into the USA? Hopefully! A recent survey by the Federation of Small Businesses (FSB) is welcome news to the UK economy which in part is dependent upon the success of that sector. The regular quarterly survey showed that 60% of respondents expected growth in their business in the coming months, a clear sign that they believe the recession has been left behind.  The result is consistent with the conclusion from the previous six surveys. While the South East was inevitably the most...

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3 Bookkeeping Tips for Entrepreneurs

Posted by on 11:11 am in budget tips, Featured | 2 comments

3 Bookkeeping Tips for Entrepreneurs

The Sarbanes-Oxley Act of 2002 was passed to stop corporate malfeasance and accounting scandals at Enron, Tyco and other large companies that cost investors billions and many Americans their pensions. In 2014, a study by the University of Kansas School of Business found that only 728 financial restatements were filed with the Securities and Exchange Commission (SEC) in 2012. That’s down from 1,784 restatements filed in 2006. The study also found the highest proportion of egregious errors were filed by small and medium-sized companies as...

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Choosing The Right Investments For Your Needs

Posted by on 3:22 am in Featured, Investing, Planning | 1 comment

Choosing The Right Investments For Your Needs

Here’s the million dollar question: where do you put your money to make it grow toward riches? Gurus who want to keep you in the dark use labels for investing like “hard” and “difficult”….and it can be. However, on the most basic level, it also can be the easiest thing in the world. You just need to start. But why don’t people start? Most people I worked with were worried they be wasting their money on horrible investments. They were frozen and couldn’t choose the right path. I can see their...

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