prositesfinancial

Using a 529 Plan To Save For College

A 529 plan is a savings plan that is used to save money for college which offers certain tax and financial aid benefits. 529 plans are quite versatile and they can be used for other things too, such as K-12 tuition bills. The Types of 529 Plans There are a couple of different types of […]

Written by prositesfinancial • Sep 3 • 4 minute read

Credit Card Negotiation Options and Risks

Credit card debt is one of the most pervasive financial issues faced by Americans, with the average credit card balance as of 2016 being $5,551. If paying off your credit card debt is proving to be a substantial challenge, or worse is making it difficult to pay critical household expenses such as groceries, rent, medical […]

Written by prositesfinancial • Apr 17 • 4 minute read

Why Dave Ramsey Might Just Be Right About Using Only Cash

The truth is, most of us just don’t have the self-discipline necessary to use credit cards responsibly. We live in an advertisement saturated consumer society that encourages us to spend, spend, spend at every possible opportunity, and everywhere we go. As a result, most Americans are up to their eyeballs in debt with the national […]

Written by prositesfinancial • Jan 7 • 4 minute read

Top 10 Easy Ways To Save Money Today

Many of us feel like we can never seem to make enough money to make ends meet. It might be drowning in credit card bills or trying to make a student loan payment, but there’s always a reason why we don’t have enough money. While it would be ideal to make more money at your […]

Written by prositesfinancial • Jan 7 • 4 minute read

Key Tips About Student Loan Debt

Overall, the need for student loan debt reform is clear. However, current economical conditions and increasing education costs don’t bode well for any significant changes in the near future. With the student loan debt now surpassing credit card and auto loan debt, it is more important than ever to take precautions and prepare as much […]

Written by prositesfinancial • Jan 7 • 4 minute read

How To Begin Building Your Credit

Starting you credit history is the perfect opportunity to begin good spending habits. With over 45 million Americans you are not alone in this pursuit, and there is a method to the madness. There is so much information out there it may be hard to decide where to begin, but after a little research you […]

Written by prositesfinancial • Jan 7 • 4 minute read

6 Useful College Savings Tips for Parents Starting Out Late

Most high-school graduates today are heading off to college to earn a degree. However, college degrees can be extremely expensive, and are a big burden for many families to bear. Saving for college is often something that gets postponed and tends to sneak up on people. Most families get wrapped up in handling day to […]

Written by prositesfinancial • Dec 4 • 4 minute read

9 Reasons Why Cash is Still King, Even Today

It’s no secret that we live in a digital and debt-driven society. With more aspects of our lives being financed, monthly payments are becoming a huge chunk of most budgets. First it was housing, then it was cars, then college education. Now it’s everything from computers to smartphones, clothing and even food. Credit cards and […]

Written by prositesfinancial • Nov 25 • 5 minute read

7 Ways to Raise Capital for a New Startup

Creating a startup business is often a daunting task, one that involves taking significant risks and working incredibly hard. Perhaps the most challenging thing for most startup founders is the task of raising adequate capital to launch the new startup and get it to the point of profitability. 1. Angel Investors These investors are always […]

Written by prositesfinancial • Nov 19 • 3 minute read

4 Ways to Create Passive Income With Your Investment Portfolio

Passive income is income that comes in without effort or time in the being expended to create it. Once you make the initial required investment of time or money, the investment produces returns automatically over time, with minimal intervention. There are many different types of passive income investments, and they are certainly not equal. Some […]

Written by prositesfinancial • Nov 5 • 4 minute read

Ten Tips to Strengthen Your 401(k) Plan

While there are many things in life that we should be doing, maintaining a healthy and robust 401(k) plan does not need to be one of them. With some good management habits, basic discipline, and consistency, your 401(k) plan can perform very well and serve you well. In this article, we’ll explore ten tips that […]

Written by prositesfinancial • Oct 29 • 4 minute read