One of the biggest questions that most consumers have when they finally decide to pay down their debts and start living debt-free (or as close to it as possible) is simply this; which debt should be paid off first? It’s an interesting and important question, to be sure. For consumers who only have 1 or […]
What’s the difference between Common Stocks and Preferred Stocks?
If you’ve just decided to start investing in the stock market, chances are you have dozens of questions. Today’s blog is going to give you some basic, but vital, information about the difference between Common Stocks and Preferred Stocks. Hey, you have to start somewhere, right? Enjoy. Before we begin, one thing to keep in […]
Don’t Rely on your Employer to help you make Important Decisions about your 401(k)
If you think going to your employer when you have questions about your 401(k) or about decisions you need to make concerning it, listen first to what Gary Gensler, the former undersecretary of the Treasury, had to say about that course of action – “Your 401(k) is usually organized by people [in your company] who […]
Have a Happy Thanksgiving, But Don’t Forget to Save
One of the oldest truly American holidays is closing in on us fast – Thanksgiving, happening on the 27th of November in 2014. This is a time when families gather around the table, eat traditional meals and express their gratitude for this year’s “harvest” of blessings and good things. A Thanksgiving meal can be a […]
Watch out for these Back to School Spending Mistakes
Much to the chagrin of children everywhere another school year is about to start, and that means that parents across the country are busy stocking up on school supplies. These next few weeks can be a real budget buster from mom and dad but, if you’re keen on staying within budget as you get the […]
Getting to Know, and Use, the Earned Income Tax Credit
Find us someone who likes to pay taxes and we’ll show you someone who, well, let’s face it, nobody likes to pay taxes. Of course, if you were to tell someone that the IRS is going to cut them a check, they’ll look at you cross eyed and say that you’re full of it. But […]
Need to Retire on less Money? These 5 Tips will Help
For the average American consumer, retiring on 100% of your pre-retirement income is unrealistic at best. More than likely you will need to rely on a combination of retirement savings, any assets and investments that you might have, a pension if you have one and Social Security in order to get by. Whatever your situation […]
Paying Off Student Loans? Here’s What You Need to Know
When you consider that nearly 60% of the graduating class of 2011/12 have over $26,000 apiece in student loan debt, you begin (just begin) to realize the depth of the student loan crisis in the United States. Understanding the options that you have for paying off this debt, and paying it off as quickly as […]
Traveling a lot for work? These Tips will help
Many entrepreneurs spend an awful lot of time on the road and, if you’re one of them, you know how grueling it can be. The tips below were gathered from entrepreneurs all over the country and, if you’re like them and you travel a lot, they should help you to make your travel a little […]
Top 3 Tips for Handling your Credit when Divorcing
Divorce can, obviously, lead to a lot of emotional strain, but it unfortunately can cause a lot of financial problems as well. Shared accounts, cosigned loans and communal assets that once were a source of pride are now a major source of headaches. If you want to reduce those headaches as much as possible, the […]