Financial Trend Blog

Selling a home on lease option is a rarely considered option for most people. Lease Options have advantages over selling, including a higher return on your money, and more favorable selling prices, though may not be right for the person who needs their home equity for other investments. Ultimately, it depends on your personality and your need for your home equity.

Invest in the worlds most upcoming property markets. Dubai is undoubtedly one of the safest investments you can currently make on the overseas property market due to its thorough purchasing processes.  Find out why you should invest in Dubai.

Introduction

This article will highlight some of the money issues faced by single people and has some practical suggestions for overcoming them. As we will explore soaring property costs, excessive tax burdens, holiday surcharges and illness can all create financial difficulties for single people.

1. Live at Home, Rent or Buy?

Many developed countries including the US and UK have seen soaring property prices. At the same time more and more people are choosing to stay single or get married later in life. In the UK for example, property prices are so high that it is virtually impossible for single people on average salaries or wages to either rent let alone buy a property. Unlike married couples with dual incomes single people are forced into an increasingly narrow set of options.

The importance of having contingency plans for dealing with a financial crisis cannot be overstated. Whilst you may be fit and healthy now, what will happen if you are unable to pay the bills in the future? This article looks at how you can build a financial safety net to deal with unexpected emergencies.

1. Savings and Investments

Savings and Investments are often a good means of building a short term safety net to cope with a short term health problem or the result of redundancy or a career change. Research shows that you should seek to put aside the equivalent of 3-6 months in wages to deal with an emergency. Savings and Investments are easy to access or cash in, should you need some emergency resources and are a great short term safety net.

Yesterday (September 18, 2007), the Federal Reserve Bank (”Fed”) decided to lower interest rates. Fed action begs the question, “Should they do anything at all, or should the economy suffer or benefit from business and consumer choices?” These questions are too debate laden to pursue (although, the subject entices me). In case you didn’t hear, the “Fed” lowered the benchmark rate and the discount rate 1/2% (50 basis points; 100 basis points = 1%).

“I don’t make jokes. I just watch the government and report the facts.” - Will Rogers

All “Fed” action matters to the dollar, interest rates, and inflation.