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Why Investing on Your Own May Not Be Your Best Option

Guest Post, Investing6 Comments

Why Investing on Your Own May Mot Be Your Best Option

Hello everyone! Today I’m having my first guest post, which is from Kayla of ListenMoneyMatters.com. Let me know if you would like to guest post on Finance For Geek. I think we all agree that nobody begins investing in order to lose money. Rather, if you are going to go to the trouble of investing your money, …

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5 Smart Ways to Spend Your Tax Refund

Debt, Investing4 Comments

5 Smart Ways to Spend Your Tax Refund

Tax season is already almost over with a first deadline to file your taxes on April, 18 for people in the US and May, 1 for people in Canada. This year nearly 70% of all taxpayers are expected to receive a refund check. But when looked closely, what people actually do (or at least plan to do) …

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Never Underestimate The Power of Compound Interest

Investing, Saving8 Comments

Never Underestimate The Power of Compound Interest

One common way to build wealth is to spend less than you earn and invest or save the difference. This is like the basics of personal finance. In order to make your savings grow faster, you have two options available: increase your income or increase your savings. Unfortunately, increasing your income is not something you can always …

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Wealthsimple Review – Simple Automated Investing

Investing, Saving2 Comments

Wealthsimple Review - Simple Automated Investing

Traditionally, investing required some basic finance skills. Either one had to go through an investment advisor, with fees often being quite prohibitive, or one had to find and choose some funds to pickup in order to have a good overall asset allocation. Furthermore, usually advisors are available only to high net worth individuals. For the average investor, …