How important is your debt-to-income ratio? Most financial institutions have a rigorous process before approving any type of loan. There are several factors they take into consideration to weigh the risk and benefit of lending an individual money. Your credit score is heavily weighed as well as an intense review of your credit report. (If…
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How to Budget for a Wedding: Your Special Day Doesn’t Have to Cost a Fortune
You’ve said ‘Yes!’ and have the ring to prove it, so now it is time to start the planning. You may be wondering how to budget for a wedding. A wedding is one of the most exciting events to plan. It’s also one of the most expensive to plan. The average wedding in 2021 was…
5 Ways to Improve Your Credit Score Fast
Are you looking for ways to improve your credit score fast? Credit scores determine so many facets of our financial portfolio. From qualifying for a car loan to deciding mortgage interest rates, every financial transaction requires knowing your credit score. This is quite the incentive to keep your score in tip-top shape. If your score…
Investing in Property for Beginners: Tips and Tricks to Get You Started
There are countless ways to invest your hard-earned money these days and real estate is one of them. This guide “Investing in Property for Beginners” has the tips and tricks you need to get started. Roughly 50% of investors are currently choosing to put their money into real estate versus the stock market. It might…
Best Credit Cards of 2022
Looking for the best credit cards of 2022? There tends to be a negative haze clouding the use of credit cards however, when used responsibly, credit cards can actually work for you. From miles to points to cash back and rewards, credit cards will pay you to use them. But how will you know what…
How to Make More Money as a Teacher: Top Tips to Help You Make Bank
It’s widely known that a career as a teacher will not make you rich, so you may be wondering how to make more money as a teacher. According to Salary Explorer, the average salary of a teacher in the United States in 2022 is $74,400. This accounts for the lower end salaries of $36,500 per…
Moving Average Charts: Simple But Powerful Tools For Traders
A common tool used by traders for identifying a stock price trend is moving average charts. Moving average indicators measure the mood of the market by revealing the directional trend of a stock. It is a smoothing technique that removes abrupt, choppy fluctuations (noise). Understanding the Moving Average System A stock’s closing price represents the…
Budgeting for a Family of Seven in 2022: Tips and Tricks to Stretch Those Dollars
Do you have a large family? Are you looking for tips on budgeting for a family of seven in 2022? As you can imagine, supporting a large family is no small feat. With our five kids, keeping food on the table, clothes on their backs, and a roof over their heads doesn’t necessarily require a…
Consumer Cellular Review: How I Saved Big on My Cell Phone Bill
Here at Five Bags of Gold, we are all about using your money wisely, which is why I created this Consumer Cellular Review. One of the ways I keep my cell phone bill costs down is by using Consumer Cellular. I’ve been a customer of the company for more than a decade and have saved…
Stock Candlestick Charts: Candlesticks Aid Traders In Revealing Market Sentiment
Stock candlestick charts are a popular tool used by traders, since they give us a lot of information in one simple indicator. One candle alone shows the relationship between the high, low, open and close for a given time period (an hour, a day, a week, a month). Considering the length of a candle…