One of the larger purchase decisions a person will make in their lifetime, usually at least two or three times, is the purchase of an automobile. And finding a good deal on a great car is a skill that you can learn to help make an efficient car-buying decision. When shopping for a quality used… Read More
Importance of Financial Education Today (as reported by Donna Freedman on www.getrichslowly.org)
It’s always been important for kids to learn how to manage money. But today, for this generation of children, the challenges they will face make learning basic personal financial skills crucial to their future success. A few simple mistakes, ones commonly made by today’s youth, can have a lasting negative impact on your life. Many… Read More
10 Financial Truths (as reported by Kimberly Palmer on finance.yahoo.com)
It’s unfortunate that even today in the United States, not everyone gets the most basic personal finance education. But the more we can work these basic lessons into everyday life, the more we can spread the knowledge. Kimberly Palmer, writing for Yahoo Finance, outlines ten key things that everyone must know. One truth that people… Read More
When to Pay Off Loans (as reported by Matthew Amster-Burton on www.mint.com/blog)
Man people find themselves asking this question at some point early in their careers: Should I take my savings and use it pay off my student loans or should I instead take that money and invest it? And if you ask ten different people, you might hear ten different answers. A common theme is that… Read More
How to Retire Early (as reported by Joe Udo on finance.yahoo.com)
Would you retire early if you could? Most people would say yes. And Joe Udo, writing for Yahoo Finance, cites five ways you can tell if you are ready to retire early. It starts with calculating your retirement cashflow. You will still need a steady stream of money coming in to support yourself during your… Read More
Bad Habits Costing You (as reported by www.dailyfinance.com)
In order to set yourself up for financial success, most people think about all the ways that they can make more money. But instead, it’s smarter to think about what you might do to save more. If you can cut out certain bad habits, you might be able to save more. Dailyfinance.com wrote about seven… Read More
401k Rollover (as reported by John Hechinger on www.bloomberg.com)
Beware financial advice, especially when it comes from someone who stands to profit from the ideas they are giving you. That’s the story in a recent investigation into sales techniques that some brokers are using to get employees to rollover their 401k plans to IRAs. Individual retirement accounts offer a wider range of investments, but… Read More
Improving Credit Scores (as reported by Brittney Castro on blog.mint.com)
We know by now that your credit score is a very important number as it relates to your personal financial success. It can mean the difference between getting a loan for home or car ownership or not. And it can affect the rates you pay when you are approved for a loan. But things happen,… Read More
Opposing Popular Money Advice (as reported by Alexa Mason on www.moneyning.com)
Just because a lot of people say something is true, doesn’t mean it will be true for you. In the world of personal financial advice, there are many common themes that you should test for yourself before subscribing to them. This was the case for Alexa Mason, as she explains writing for moneyning.com. Many personal… Read More
Post Home Purchase Expenses (as reported by April Dykman on getrichslowly.org)
When you buy your first home, there are some expenses that you don’t plan for. And a lot of them can happen after you actually close on the property. Such items include lawn maintenance, appliance replacement and repair, and upgrades to the look and feel of the home. Even when a home is in good… Read More