Has your financial advisor lost you money? Maybe it’s time to lose your financial advisor. Breakups are never easy, and firing your financial advisor is no exception. But if you follow the right steps, the process can be relatively painless. One of the most important financial decisions we make is who we take financial advice […]
Depending on where you live and how you save, you may be able to take advantage of various tax benefits when it comes to your personal savings. If you’re a U.S. citizen, interest on savings is usually taxable although how it’s taxed may vary. Some interest is tax-deferred which means you will only pay tax […]
How much life insurance do you need? It depends on a number of factors, including your expenses, your spouse’s income, and the age of your children. The purpose of life insurance is to ensure your family and loved ones are financially secure after you die. If you have a family and you don’t have a […]
It was spring 2005, and it was a sellers’ market out of hell, at least for buyers like us. We were getting married, and couldn’t find a house to buy in our neighborhood that didn’t immediately get multiple offers, with many buyers willing to pay far above the asking price. It was getting close to […]
What happens when you ask financial professionals and educators to tell you about their favorite personal finance apps and online tools? We didn’t know what their answers would be, but we knew they would be good. We heard from financial advisors and money coaches sharing tools they recommend to their clients. And from personal finance […]
* But Fortunately, Times Are Changing (Quickly) People who have access to a financial advisor have better financial outcomes. Charles Schwab conducted a survey of the financial behaviors of people who work with a financial planner compared to those who don’t. The results for people who work with a financial advisor are encouraging. 75% pay their bills and still have enough […]
If you enjoy learning about money and ways to improve your financial well-being, you have an increasing number of options to choose how, when and where to do so. And if you prefer learning by listening to podcasts or watching videos, you’re not alone. As of January 2021, Podcast Insights estimates more than 1.75 million […]
Not one of these books is remotely in the ‘get rich quick’ category, but if you’re aiming to slowly but surely overhaul your finances and provide long-term financial security and freedom for yourself and your family, I suggest you put these on your reading list. The Millionaire Next Door by Thomas J Stanley It will come […]
With more than 2,000 personal finance blogs in the U.S. alone, it can be difficult for newer blogs and amateur bloggers to stand out and get noticed. But with millions of people looking for help with money matters on the internet everyday, new finance blogs sharing the diverse perspectives and unique life experiences of their […]