Category: Money Wise

Posted on: April 18, 2021 Posted by: ABC7 Comments: 0

I Have $700K, but Spending Gives Me Panic Attacks

Dear Penny, I’m a 61-year-old woman with $700,000 saved for retirement. I own my own home (with a mortgage), and I have more than five months of daily expenses in a cash account. I have a few investment accounts in addition to the cash and I basically follow a 60/20/20 budget for my after-tax and after-retirement dollars.   Why can’t I stop freaking out about money? I save for home repairs,…

Posted on: April 17, 2021 Posted by: ABC7 Comments: 0

Is selling gold for cash worth it?

Reading Time: 5 mins Thinking about selling some of your gold but unsure whether it’s worth it? The good news is that there are plenty of gold buyers out there who would be interested in taking gold jewellery, coins, platinum, diamond jewellery or even bullion bars (if you have any lying about!) off your hands, but you want to make sure you get the best deal possible. The last thing…

Posted on: April 16, 2021 Posted by: ABC7 Comments: 0

How Much Are Old Records Worth? Here’s What We Found Out

Getty Images and Ken Lyons/The Penny Hoarder When it comes to selling your old records to make extra cash, don’t get your hopes up. And know this: Condition matters most. Frank Sinatra matters least. “At one time the shelf that held all the Sinatra albums was 70 feet wide,” said Doug Allen, owner of Bananas Records, which is based in St. Petersburg, Florida. “We have way too much of that.”…

Posted on: April 15, 2021 Posted by: ABC7 Comments: 0

Why your freelance business needs content marketing

Reading Time: 4 mins Guest article from Fusion Accountants Content marketing is the most powerful method of marketing on the web. It is consistent, cost-effective, and simple to do and it works well for any size or type of business, and is particularly suited to freelancers. In this post we are going to briefly set out the benefits and show how you can start content marketing for your business. It…

Posted on: April 14, 2021 Posted by: ABC7 Comments: 0

12 Best Personal Finance Podcasts to Make You Smarter About Money

Everyone wants to know these days: What are you listening to? We still love a good book recommendation and a deep-cut Netflix tip, but what we’re all craving in 2021 is a podcast we can beam to our Airpods while we power-walk away our quarantine 15. While true-crime stories and celebrities discovering WFH life dominate much of the podcast scene, the beauty of the medium is the variety at your…

Posted on: April 13, 2021 Posted by: ABC7 Comments: 0

5 Great HR Software Tools to Improve Productivity

Reading Time: 4 mins Over the past twelve months, many businesses have been presented with the opportunity to take an in-depth look at the way they work.  There are processes we take for granted because we’ve always done things that way – but maybe they’re not working so well in the new business environment. Would the new business models adopted by disrupters, which turn everything we regard as essential, upside…

Posted on: April 12, 2021 Posted by: ABC7 Comments: 0

How a Sou-Sou Helped This Woman Save Money to Start a Business

Editor’s note: This post was originally published in 2016. Saving has always been a challenge for me. While I continuously applied the pay-yourself-first principle to my finances, I struggled to stick to my budget. So when I wanted to start a cake-decorating business, I needed another way to cover my startup costs. I preferred not to take out a loan because of interest charges. A co-worker suggested starting a sou-sou.…

Posted on: April 11, 2021 Posted by: ABC7 Comments: 0

How to get the best price for an old iPhone 7

Reading Time: 3 mins The mobile phone market is consistently a bustling one. There are new models from different brands getting delivered. If you currently have an old iPhone 7 and fancy a new phone for yourself, you can sell your old handset first. It will help you with getting cash that you can use to meet expenses for the new handset. Here’s what you need to know about getting…

Posted on: April 10, 2021 Posted by: ABC7 Comments: 0

Here’s How to Upcycle Clothes and Revamp Your Wardrobe

Halima Garrett has made wrap pants out of a vintage skirt and estate sale fabric. She became interested in upcycling due to her large collection of vintage clothing she’s collected over the years. Photo courtesy of Halima Garrett Have you ever stared into the depths of your closet and thought: “I have absolutely nothing to wear?” If your normal inclination is to dejectedly sift through what you already have, it turns…

Posted on: April 9, 2021 Posted by: ABC7 Comments: 0

4 Great Factors to Consider Before Applying For a Loan

There are times you may need to supplement your income with a loan. You may budget and plan, sometimes emergencies crop up, forcing you to borrow finances from somewhere for your projects. It may be challenging to find a trusted lender; hence you need to think hard before agreeing with the lender. Below are the factors you need to consider before taking a loan: Consider your Current Financial Situation When…