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.
Start-up companies and SMEs that have managed to survive the economic crisis are now looking at brighter business skies. However, even though the growth reported by SMEs has risen in the last year, there is still a marked reluctance by banks and major lenders to provide financing for smaller firms. In order to fund growth and development, many SMEs are turning to alternative finance sources. One way in which companies can free cashflow is by using an invoice finance or factoring service. If you are interested in securing finance for your...read more
Nearly everyone has seen a sci-fi or futuristic movie that shows a dystopian future where television has gone out of control, featuring thousands of channels with nothing worth watching. Unfortunately, that future seems more realistic every day, and with the continuously rising prices of cable and satellite television, many people are choosing to cut the cord and switch to other alternatives. The FCC recently completed a study showing the average basic cable bill is over $64 per month before taxes and surcharges, and that doesn’t include any...read more
Today we’re pretty excited about owning online properties. I thought it’d be worthwhile to explore all of the benefits, especially for people reading this blog considering jumping into the fun! Instead of hoping for a dream job and a big salary, owning your own online business can open many doors for you and buy you more benefits. On top of the perks many people talk about, like working from home and flexible hours, it also can keep costs down, helping you financially. Internet businesses normally operate at a fraction of the cost...read more
Only 30 percent of Americans prepare a long-term financial plan including investment goals, states a poll by Gallup. That means 70 percent of people are figuring out their financial plans as they go and hoping the numbers add up somewhere along the way. If you want to be part of the 30 percent, there are ways to simplify the financial planning process from paying bills to knowing where to invest. Take the tedium out of creating a budget and savings plan by downloading a few apps to your smartphone to put you on the right track. Mint Simplify...read more
Wouldn’t it be nice to stroll around your living room before work with a donut in one hand and a cup of coffee in the other feeling like the king (or queen) of your castle? The house is yours. Hooray! After years of apartment serfdom, you finally own the place. Well…sort of. There’s that mortgage again, nagging at you. Of course, you should never rush into a big financial decision, and having a mortgage can be a really sensible way of staking your claim on the property ladder. But there’s no better way to feel like you own the place than,...read more
Cleaning products can be quite expensive. You are mostly paying for the brand name and the convenience of the item. There are quite a few things you can do to reduce these costs significantly. Essentially, you can spend less than $5 per month to make your own cleaning products or purchase the at dollar stores. Cleaning rags and sponges can also be washed or put in the dishwasher for reuse. Use a Bagless Vacuum Rather than having to purchase vacuum cleaner bags, use a bagless option. All you have to do with these is clean the filters and...read more
With the economy on the rise, many people are tired of surviving by just making ends meet and are ready to start living with a great paying job. Whether you’re just starting out and want to live large or you’re ready for a career change, it’s exciting to know that there are great paying jobs available with or without a degree. Here are 5 rewarding careers that would make Mom proud. Image via Flickr by gtalon 1. Police Officer Requirements to become a police officer vary depending upon jurisdiction. Generally, you can expect to need the...read more
Many Australians are finding that investment property is a great way to become financially independent, and they weren’t wealthy when they started to invest. That’s because it is possible for people from all walks of life to purchase investment property in today’s market. Begin to Think Differently You may think that you can’t afford to invest because you are looking for properties outside of your price range. To find properties you can afford, stop looking in the more expensive areas. Instead, concentrate on houses in a lower price range. In...read more
With car payments, home loans, student loans and household expenses, it’s easy to snowball into debt. You may be overwhelmed by the amount of debt that has accumulated, but the debt snowball method may be a great first step toward financial freedom. Snowballing 101 The debt snowball method pays off your smallest debts first and, once those are paid off, you move on to the larger debts. Start off by listing your debts in order from smallest to largest. You will attack the smallest debt first. While finishing off the smallest debt, you...read more
It is said of legal affairs: one who represents one’s self has a fool for a client. A similar sentiment is often expressed about matters of health. This runs counter to the do-it-yourself, uber-independent facade of the stereotypical American. We like to think that we can do anything ourselves, as if performing difficult tasks without assistance is some sort of virtue. Perhaps this explains why so many men, (and from my observation, women) have such a difficult time pulling over and asking for directions despite the fact that they are...read more