Personal Finance

Your net worth, the combined value of all your assets (car, home, checking accounts, investments, etc.) is something that many people keep track of. And for good reason. This represents the total amount of wealth that you have accumulated over the course of your lifetime. And if managed correctly, you can see this value begin… Read More

Many of us will go into debt at some point in our lives. These days, it is hard not to. But the important thing to remember is that going into debt is not the end of the world, as long as we understand what we have to do to recover. Are you looking to understand… Read More

We all make mistakes, even when it comes to managing our money. Few of us can be expected to go our entire adult lives without misspending, or making a shoddy investment decision, or failing to save in case of an emergency. With all the potential hazards that exist, having a perfect record on personal finance… Read More

After you retire, chances are you will have less money to spend than you did when you were working. It is also true that some expenses, such as health care, will be higher. For these reasons, it is important to cut costs where you can so that the money you have saved can last as… Read More

If someone asked you whether or not you are financially healthy, how would you answer? Most people would respond with some variation of, “What do you mean?” We don’t have a great definition for financial health in this country. And the sad truth is, as a nation, we are not very financially healthy. There are… Read More

Checklists are a handy tool that many people use to help them reach their goals. By breaking down one big goal into a series of smaller goals, you can make the tasks easier and more attainable. The people over at Seed Time have created a great starter checklist for people who wish to achieve financial… Read More

A reverse mortgage is something you may have heard of before, but most people don’t know what it means. Essentially, it is exactly what it sounds like. Instead of you making payments to the mortgage lender, they’re making payments to you based on the appraised value of your home (up to $625,500). In order to… Read More

This is a seller’s market when it comes to real estate. Lower inventory across the country is driving home costs higher. And so if you’re one of millions of Americans planning to buy a home this year, CNN Money wants you to keep a few things in mind. First, and most importantly, be honest with… Read More

Taxes are complicated. There is no avoiding that. The US tax code is so complex that its likely even a lawyer who specializes on tax law doesn’t know all the details. So how can you or I be expected to understand them? While becoming an expert in the tax code may not be possible, there… Read More