Personal Finance

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  • Top 6 Books for Beginning Forex Traders

    The world of foreign exchange, or forex, can be daunting even to experienced hands-on investors. However, there are plenty of books on the subject of currency trading, ranging from basic introductions to the forex market to advanced strategies based on fundamental analysis and technical analysis. These are six of the best that have stood the test of time and the market's ups and...
  • How do disposable income and discretionary income differ?

    Disposable and discretionary income are two different measures used to analyze the amount of consumer spending. Both are key economic indicators used to gauge the health of an economy. Disposable Income Disposable income is the amount of net income a household or individual has available to invest, save or spend after income taxes. It's calculated by subtracting income taxes...
  • Power of Attorney

    What Is a Power of Attorney? A power of attorney (POA) is a legal document giving one person (the agent or attorney-in-fact) the power to act for another person (the principal). The agent can have broad legal authority or limited authority to make legal decisions about the principal's property, finances or medical care. The power of attorney is frequently used in the event of a...
  • Top 3 Mobile Wallets of 2019

    How many debit cards, credit cards, gift cards, and customer loyalty cards are you toting around right now? According to a recent study, the average American carries 17 cards. If you're ready to lighten up, a mobile wallet might be the perfect solution. The terms digital wallet and mobile wallet are often used interchangeably, but there is one slight but important difference. A...
  • Personal Financial Statement

    What is a Personal Financial Statement? A personal financial statement is a document or spreadsheet outlining an individual's financial position at a given point in time. A personal financial statement will typically include general information about the individual, such as name and address, along with a breakdown of total assets and liabilities. The statement is useful...
  • Top 5 Books for a Budding Professional Trader

    Many people would like to learn how to become a successful trader, whether via stocks, commodities, options, foreign exchange (forex) or all of the above. Unfortunately, trading and investing are not subjects commonly addressed in either high schools or colleges in the United States. Fortunately, a wealth of excellent books are available on every aspect of trading for those with the...