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What is an Emergency Fund?

“emergency funds” is money that can be used in financial distress. An emergency fund’s purpose is to provide financial security and a safety net for unanticipated expenses such as major home repairs or illness. An emergency fund typically has cash or other liquid assets. This allows you to avoid the temptation of taking out high-interest …

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The Most Financially Irresponsible Footballers in History

Footballers can make a lot. However, their money habits vary greatly from one player. Some footballers do amazing things with their salaries, opening charities, funding education programs and making a difference in the world. Others footballers choose to spend less on noble things, such as buying a car or starting a personal collection. We are …

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There are a few key reasons why you should invest in real estate

Property investing is a great investment. Investors can get predictable cash flow, great returns, tax benefits, diversification, and the ability to leverage real property to build wealth. Are you interested in investing in real-estate? Here are some facts and figures about real estate, as well as why it’s a good investment. Cash Flow Cash flow …

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What is debt?

The borrowing of money from one party to another is called debt. Large purchases are possible with debt. This is often used by individuals and companies. A debt arrangement grants the borrower permission to borrow money on the condition that it be paid back at a later date, typically with interest. Understanding Debt Loans are …

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