Let’s begin by pointing out that this article is not a tutorial. Enterprising criminals are recommended to look elsewhere.
Counterfeiting costs the U.S. economy millions of dollars annually. According to the U.S. Secret Service, $75 million in counterfeit bills were seized by the Peruvian National Police between 2009 and 2017, yet a counterfeiter reported
Cash
Did Santa bring you more gift cards this holiday season? Do you have a pile of partially used gift cards with small remaining balances? You can redeem them as part of a larger balance, but if you don’t regularly shop at that merchant, that may not be practical.
Many consumers forget about partially
Our prior article, 5 Steps To Be Your Own Mogul – Part 1, covers the first three steps to manage your finances like a business. Below we present the final two steps.
4. Forecasting
If you have performed the budget exercise and broken your expenses out into categories, you can start to highlight areas
Why not take some financial pointers from the business world and apply them to your personal finances? Whether you are a party of one or a family of four, it pays to be fiscally agile. Some of the longest financial plays in the business world today are small businesses that perennially stay afloat and drive
Do you use your credit card for most purchases? Are there times you prefer paying with your debit card? Perhaps you still use those funny green paper rectangles with numbers on them?
Cash hasn’t been forgotten, especially for smaller payments. A new study by CreditCards.com shows that 45% of consumers who have rewards credit cards
Cash flow sounds like a relatively simple concept, and in some ways it is, but poor cash flow management can take down a small business. Cash flow is equally critical for households. If you miss a paycheck when bills come due and you have no reserve funds available, you will incur losses in terms of
Financial advisors tell us to save money for various reasons – save for an emergency fund, save up for a down payment on your home, save for retirement, save for your children’s college educations – but is it possible for savings to go too far, and does it matter how you save?
Recessions tend to
When checkout clerks ask, “Paper or plastic?” they are referring to the type of bags desired, but they could be asking about your preferred method of payment. In today’s digital society, cash purchases are increasingly rare, but that does not mean it is always preferable to “Charge it.” Many studies have proven that people who
The end of a year is a time to assess what happened over the past 12 months and look forward to the promise of new opportunities. That is true with most aspects of life, and your financial portfolio should be no exception. Give your holdings a year-end review and consider these strategies as you do
By: Alex
Reichmann, Counterfeit Money Expert and CEO of
iTestCash.com According to the United States Department of the Treasury, about $70 million in counterfeit notes are being circulated in the U.S. with one out of every 10,000 notes being fake. The thing about counterfeit money is that it is not easy to keep track
You can finally see retirement in the horizon – lounging on the beach, jetting around the world, or puttering around in your backyard. Whatever your goals are, you will soon be realizing them, assuming you have saved and invested wisely. How should your investments be rebalanced as you approach your retirement goals? The answer to
Ever since you were a child, you were told to save your money. But as an adult, you are told that saving money, as opposed to investing it, isn’t always the best strategy. What’s the real story?
You should, of course, maintain a liquid safety net and manage your debts wisely. But sitting on a
Do you have a jar full of pennies taking up space on your dresser? That’s the usual home for the pennies that most Americans receive in change. Eventually, they get taken to a Coinstar machine to be redeemed or wind up breaking the dresser under their massive weight.
Virtually nobody carries pennies around in their
Asset allocation models usually refer to the mix of three asset classes in your investment portfolio: stocks, bonds and cash – although cash is sometimes unwisely lumped in with bonds.
The three major issues in picking an asset allocation model are:
Goal – What is your investing goal? As the saying goes, if you don’t