7 Reasons Why Online Trading is Becoming Popular With Millennials and Generation Y

reasons why online trading is becoming popular

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Online trading has become a household term in every homestead across the country. It continues to widen in popularity and in particular among the young folks. Online trading has been widely embraced by millennials and Generation Y partly due to the prevalence of Smartphone use among these two generations. More than 15 million households have signed up to various online trading platforms. The big question is “why is online trading becoming so familiar with the millennials and generation Y?” Below are some points that explain the scenario as it is.

Lower fees

Online trading offers a reduction in transaction costs and the high fees associated with the traditional

Guest Post: 5 Tips to Start Investing as a Complete Beginner

Investment Tips for Beginners: Want to make a start investing, but not sure how? Here are 5 essential pointers to bear in mind!

Today I’m pleased to introduce this guest post from Andrew at Slick Bucks, a site full of advice on money management and investment. Thinking about making a start with investing? Andrew’s got some tips for you:

The days of young people and newly married couples putting money into a savings or money market account are long gone. The return on those types of investments are minuscule. The money might be safe, but it hardly offers anyone the chance to build a significant nest egg on top of what they can earn from working.

With the continuing growth of online brokerage firms and the ready access to financial information, more

Guest Post: Why European Stocks are a Great Buy Right Now

title: why European stocks are a great buy right now

If there’s one thing I’ve learned from my recent attempts to educate myself about personal finance, it’s that investing in the stock market is essential if you want to grow your money. I’m still a total newcomer to the world of investing myself, but it’s something I’m always trying to learn more about. That’s why I’m pleased to feature a guest post from Troy from MarketHistory.org on his investing recommendations. 

*Disclaimer: I am not a finance professional and nothing on Boost My Budget should be taken as a substitute for professional financial advice!*

Here’s Troy:

With interest rates around the world at all time lows and real …

Book Review: Millionaire Teacher

As part of the Boost My Budget project I’m challenging myself to read one personal finance book every month! See previous reviews here

[easyazon_image align=”left” height=”500″ identifier=”1119356296″ locale=”UK” src=”http://www.boostmybudget.com/wp-content/uploads/2017/01/51HCZp1kGVL.jpg” tag=”boomybud-21″ width=”333″]This month’s book is [easyazon_link identifier=”1119356296″ locale=”UK” tag=”boomybud-21″]Millionaire Teacher[/easyazon_link] by Andrew Hallam.

Andrew Hallam became a millionaire before he was 40 – while working as a teacher.

In this book, he explains how he did it… and how you can do it too.

Hallam’s claim is that anyone on a normal, middle-class salary (or even less) can become a millionaire. You don’t need to have thousands to spare or be a financial genius. You just need to follow the very simple rules set …

Book Review: Your Money Or Your Life

Book review: personal finance classic Your Money Or Your Life by Vicky Robin and Joe Dominguez

As part of the Boost My Budget project I’m challenging myself to read one money-related book every month! See previous reviews here

This month’s review is [easyazon_link identifier=”0140286780″ locale=”UK” tag=”boomybud-21″]Your Money Or Your Life[/easyazon_link], by Vicki Robin and Joe Dominguez.

[easyazon_image align=”left” height=”500″ identifier=”B0052MD8VO” locale=”UK” src=”http://www.boostmybudget.com/wp-content/uploads/2016/11/51hP3MDAUSL.jpg” tag=”boomybud-21″ width=”327″]When I decided to take on my monthly book review challenge, this was the first name to go on my list. Your Money Or Your Life is a personal finance classic that is name checked on almost every money blog and forum out there, particularly those dedicated to early retirement and escaping the rat race.

The book sets out the money management …