Mr. Hoffman's Blog

It is common for kids to assume that their parents are saving up for their college. While this is the norm, it may not always be the case. It is possible that your parents saw financial hardships while you were growing up to prevent them from save up for your college. However, that doesn’t mean you have to give up […]

When it comes to reaching financial goals, many Americans are struggling. In fact, most Americans don’t even have any financial goals, with 57 percent of U.S. adults not having a written financial plan, a BMO Harris Bank survey found. Many live paycheck to paycheck, with 31 percent not even having $500 saved up for emergencies. When Americans have this much trouble managing their personal […]

In order to succeed as an entrepreneur, there are a number of skills that you will need to master. Entrepreneurs need to develop their self-management skills above all else. The better an entrepreneur is at managing their time and money effectively, the better their chances of success in business. Many people with extensive experience working for others fail to appreciate […]

Carrying a bad credit with your finances can be a nuisance when obtaining your first house. First time home buyers usually have bad credit scores and even negative history, making it difficult for them to purchase a unit that has a reasonable interest rate. One of the most effective actions to take when buying new homes is to aim for […]

Trading is one of the most difficult tasks in the world. If you look at the success rate in the trading industry then you will understand that not many people are able to make a profit on a regular basis. However, if you work hard and develop a strong foundation in the financial market then chances are very high that […]

After the global housing crash of 2008, homeowners in the US and UK are understandably worried about the consequences of missing a mortgage payment. The fear of losing one’s home is very real, and it can result in more than a few sleepless nights when times are tight. What’s great about mortgage protection insurance? UK homeowners can rely on it! […]

The PPF rate of interest is applicable and paid on the PPF balance, and the interest rate is fixed every year. The last decade has seen a lot of fluctuations in the PPF rate of interest. Calculation of The PPF Rate of Interest The PPF rate of interest is calculated on the minimum balance that is there in an individual’s […]

For the average Joe, Bitcoin feels almost like a fad. There are countless stories donning the news about how savvy investors have cashed in to the tune of thousands of dollars – and this is usually sufficient to prompt a wave of interest in the currency, and with so many early investors increasing their original bitcoin value from $2 in […]

So you’ve found the love of your life, gotten married, and lived happily ever after- sounds perfect, right? For most Americans, this story is the dream come true…until it comes time to buy a house and secure a mortgage. Many couples find that, no matter how happy they are together, buying a home can put serious pressure on their relationship […]

In our world of consumption, being dependent from debts isn’t something extraordinary. A recent survey has shown that an average American can own a credit of approximately 10,000$. It does not matter which institution or specific person lent you this money, the problem remains the same: the more loans you take – the more complicated it is for you to […]