As you may be aware, financial coaches work with clients to help them improve their own financial life, develop good financial habits, and work towards financial goals. They are different from financial advisors or financial planners, though they may have a background in those areas, and they generally offer more of a supportive role than […]
If you’re looking for a new loan or mortgage, or thinking of changing insurance providers, or maybe getting a new credit card, you’ve probably considered using a price comparison site, like Lending Tree, Quicken Loans, or Credit Karma. Why wouldn’t you? They make it very easy to see what’s available, compare interest rates, and see […]
While the Genuine Investors ETF (ticker symbol: GCIG) was only recently launched with its publicly-traded debut on December 1, 2021, its portfolio manager overseeing the fund, Guy Davis, has more than a decade of experience managing assets for institutions and high net worth clients. Beyond his professional credentials as a CFA Charterholder, Guy has co-authored […]
You can definitely buy time. But should you? It can be quite nice to think of time as a leveller. To remember that even the rich and famous don’t have a longer life span than us or get more than 24 hours in a day. Except that they do, in a way. I’ve written before […]
If you’re among the millions of Americans with outstanding federal student loans, you can expect your payments to resume in May when the pandemic-era pause comes to an end. Here are six tips to help you prepare for making payments on your student loans once again. 1. Know Your Loans Maybe it has been a […]
According to a recent Federal Trade Commission (FTC) report, consumers lost $139 million in cryptocurrencies in 2021 through scams conducted across numerous online dating sites, five times the level of prior year losses. As ownership of cryptocurrencies like Bitcoin and Ethereum increases among consumers, scams like these will continue to proliferate, putting your digital assets […]
In the first piece of this 3-part mini-series, I covered the importance of good retirement planning and offered a practical approach to it. In the second piece, I covered the 4 critical questions you need to consider, some “conventional wisdom” formulas, and unconventional insights from Wade Pfau, professor of retirement income at the American College […]
Do you know how well you’re doing preparing for retirement? Unless you’re in the distinct minority, I’d guess you don’t. Not really, and that’s no surprise because good retirement planning is hard. Unfortunately, much like going to the dentist, it’s as crucial as it is unpleasant. Why Retirement Planning Is So Hard First, you have […]
How much income do you need in retirement? It’s one of the most important questions in financial planning. Given its importance, it gets relatively little attention. The standard way to determine how much income you need in retirement is called the replacement ratio. The replacement ratio tells you how much of your income you need […]