Take control of your financial future
As they do each year, the IRS has once again announced the latest updates made to the contribution limits and rules across all retirement plans. Cost-of-living adjustments are fairly common and happen every one to two years due to inflation. This enables Americans to keep pace with the latest costs and how much they anticipate... Continue Reading →
You may already be familiar with some of the more popular debt payoff strategies like the debt snowball and debt avalanche method. But have you ever heard of the debt snowflake method? This isn’t just another cute name for what appears to be a winter-themed string of tools for eliminating your outstanding balances. Unlike the... Continue Reading →
Manually tracking and categorizing your expenses - It’s something that nearly every financial guru recommends. However, in practice, it proves to be more cumbersome than it’s worth. That’s the same conclusion that Richard Jenkins, author and former editor-in-chief of MSN Money, came to. After two decades of laboriously attempting to organize his finances, he began... Continue Reading →
Bills. Expenses. Debt. Savings … There are a lot of hands reaching into your pockets and taking out money every month. If you’re like most people, then it most likely causes you to become stressed and sometimes feel as if all you’re doing is working to pay your bills. Perhaps the problem isn’t how much... Continue Reading →
Chances are that if you’ve ever shopped for a new appliance, furniture set, the latest cell phone, or just about any major purchase of more than $1,000, you might have been offered the opportunity to finance it with a 0% APR. These types of deals can be very tempting since they quickly reduce a large... Continue Reading →
We’ve all heard the stories of investors who’ve doubled, tripled, or even 10X their money. However, incredibly high rates of return are nearly always coupled with uncomfortable levels of risk and the prospect of losing every dollar invested. Unfortunately for many people, chasing after fantastic returns like these results in little more than gambling. But... Continue Reading →
When your washing machine breaks or something in your house needs to be fixed, your first intuition may be to go with the cheapest replacement or solution possible. However, this could be a “penny wise, pound foolish” approach depending on the situation. Whether it's the vehicle you drive or a new household gadget, it’s true... Continue Reading →
Are you using a 529 savings plan to help fund your children’s future higher education expenses? According to the Education Data Initiative, only about 30 percent of households are currently utilizing these accounts. This relatively low participation rate may be due to a variety of reasons - one of them most likely being the fees... Continue Reading →
Costco, the $250 billion wholesaler where families can buy everything from bulk food items to discounted gas now has another product that it would like to sell you: gold! Yes, as of October 2023, Costco has started offering one-ounce 24-karat gold bars to members exclusively through its online platform. And the crazy part - every... Continue Reading →
Is it still possible to find a mortgage with an interest rate as low as 3%? With APRs creeping into the 7 and 8 percent territory for new conventional loans, unless you bought a house before 2022 then that ship has sailed. However, you may be surprised to learn that there’s a special arrangement where... Continue Reading →
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