Take control of your financial future
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 →
If you’ve got money to invest or are planning on starting a retirement account, does it make sense to wait for a “good time” to invest? After all, we’ve all heard that iconic investing mantra, “Buy low and sell high.” So it stands to reason that there must be better opportunities than others to buy... Continue Reading →
For the past few decades, consumers have been somewhat limited as to how often they can see what's in their credit history. As a matter of fact, it wasn't until the Fair and Accurate Credit Transactions Act of 2003 that you could actually request a credit report for free from each of the three major... Continue Reading →
Last week, the U.S. Federal Reserve met and published its meeting minutes to the public on September 20th. It was the decision of the Federal Open Market Committee (FOMC) not to raise interest rates as they had done for 11 of the 12 meetings prior. This means the federal lending rate will remain steady at... Continue Reading →
With home prices at an all-time high and interest rates surging, does it make sense to withdraw money from your retirement savings to buy your next house? According to a new survey by the nonprofit Transamerica Center for Retirement Studies (TCRS) in collaboration with the Transamerica Institute, it appears many people are already exercising this... Continue Reading →
Lots of people think that to be better off financially they need to get a big raise at work or win the lottery. However, while those events would be nice if they happened, they’re certainly not necessary to improve your situation with money. There are plenty of small changes a person can make to their... Continue Reading →
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