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.
Istockphoto There appears to be a rising trend that shows that more and more students are taking out short term loans. Research by the National Union of Students (NUS) shows that up to 46,000 undergraduates are using what they term high risk debt (which includes payday loans, cheque cashing and doorstep loans). They suggest a number of reasons for this which relate, in the main, to funding their living costs and fees. . Some highlights from their research show: the weekly cost of student accommodation has nearly doubled in 10 years (£60...read more
Have an idea for home repair? Not every project requires an expense contractor and you can easily spiff up your space with some of the simple weekend projects listed below: Replacing a Leaky Shower Head or Sink Faucet Most shower heads and faucets available today can be replaced in one afternoon with simple tools. Even a relative novice could complete this task. If you’re just replacing an existing shower head or faucet, choose one in the same style you already have: single-handled, double-handled and three-handled. You can find old...read more
Although many people may not take it so seriously, there are a lot of money making opportunities online that anyone can exploit. The main reason is that almost all business transactions in the current market place are conducted via an online platform. With most current graduates having good computer skills, it would be very easy for them to take advantage of the opportunities online and make money. You Can Build Your Own Website and Earn Revenue from It There are many ways one can make money on the internet however it is best practice to...read more
I know it isn’t easy. Climbing out of debt was one of the biggest struggles of my life. But I did it, and looking back toward that ugly black hole, I can tell you there are some things I wish I would have done better. I could have shortened the process. However, when you’re staring at a stack of bills and wondering what to do, it’s difficult to think about strategy, isn’t it? There are so many reasons why you need to solve your credit problems, but the five biggest, in my mind are these: Studies show that the real money can’t be made until...read more
It is well know that jobs were not created equal, and some of them are better in terms of social utility, some are more profitable, and some are simply considered better than others. Most people choose their careers according to their personal skills and likings, but knowing what will come next and what to expect from the labor market in couple years is a good thing to consider. Thus, here are some of the most popular jobs in US that are expected to remain as popular and increase the number of specialists needed in the nearest future....read more
By trusting instinct and intuition, the right decision can become obvious from the wrong one. But desires are hard to resist. Now that your tax refund is sitting in your account, don’t let temptation overrule a smart monetary choice, and follow what your financially responsible gut tells you to do. Use five percent of your refund for a fun purchase, and feel good about investing the remaining 95 percent in any of the following: Build Your Savings The broken record singing “build your savings” is as tiresome as the one saying...read more
A lot of people take time out of their schedules to help others, whether through volunteer work or by making more personal gestures to friends and family. Others don’t want to limit their giving natures to time outside of their careers. For those who want to make giving back a daily, in-career exercise, here are a few suggestions of where to get started and what kinds of opportunities are out there. Some are easy for lateral work transitions while others require specialized training, but all result in jobs that make improving the lives...read more
I don’t know if I’ve told my first business story on here. I owned a disc jockey company for ten years. That was where I learned how to do everything wrong. Sometimes, getting it wrong is okay, as I wrote recently on my personal blog, Stacking Benjamins. (Read: Messing Things Up? So Am I….And I Like It). But it took lots of mistakes for me to learn. The problem was that I was hard-headed and didn’t change quickly enough. Over the years of being a business owner I’ve learned a few things: 1) I didn’t change directions quickly enough....read more
Taking on a home loan can be a daunting experience, and one of the biggest decisions you will ever have to make, so it is crucial to have all the facts at hand when deciding where to get your loan. Despite the solid reputations of the big banks, you should strongly consider mortgage products from the smaller banks, such as the BOQ Clear Path Home Loan, which can offer very competitive interests rates and often beat the big banks hands down. Regardless of where you go to get your home loan, the following five simple questions will help you...read more
The perfect accessory to any outfit is an overstuffed wallet. And we don’t mean a receipt-crammed pocketbook, either. If your charmed lifestyle is siphoning just about all of your paycheck, it’s time for a change. Don’t worry, no penny-pinching required here—just a few smart financial adjustments. You can have your stilettos and matching handbag, too. Take Control of Your Household Bills Pat yourself on the back for setting up those monthly automatic payments. But, if you’re relying on the “set it and forget...read more