6 investment risk management strategies
We take risks all the time Risk is everywhere, every day. Some people take steps to protect themselves and manage that risk. Others leave it up to luck. The same holds true when it comes […]
Pros & cons of using retirement funds to pay for college
In a perfect world, everyone would have a 529 plan — or another education savings account — full of funds to cover their children’s college years. But there are many reasons why that may not be the […]
A guide to the 403(b) retirement plan
Saving for retirement is an important financial goal — but not everyone understands all of the retirement plans available. After all, it does look a little bit like alphabet soup: 401(k), IRA, 403(b) — what’s […]
DINK: Living the dual income no kids lifestyle
More and more Millennials and Gen Xers are deciding to wait to have kids, or not have kids at all. This choice is partly financial. Having children can increase a couple’s expenses by 10% to […]
States where people are struggling most to pay their bills
As a general budgeting rule, it’s not wise to go into debt to meet day-to-day spending needs. But with the COVID-19 pandemic impacting every aspects of American life, the rules are changing. In fact, U.S. […]
9 myths about FDIC insurance debunked
When I was growing up, my grandmother kept her cash in a coffee can above the fridge. I never knew how much money was in that old blue Maxwell House tin, but I was always […]
How to save money when shopping at IKEA
There’s something thrilling about going to IKEA. The vibrant, complementary colors, the smell of Swedish meatballs and cinnamon buns in the air and the dizzying array of merchandise all make for a really fun afternoon. […]
These Americans are most likely to cheat on their taxes
Tax Day, typically in April, brings W-2s, proof of health insurance and sniffing out deductions. But have you ever been tempted to fudge those deductions — for instance, say you gave to charity when you […]
What to do when the stock market is crashing
I have been careless in some of my decision-making. Careless is being generous. My decisions were naïve and arrogant. When I was learning how to start investing with little money, I bought SiriusXM stock on news […]
How much money should I save a month?
We’ve all got dreams. Maybe yours is drinking from a coconut on a beach in Bora Bora during your honeymoon, raising a family in a warm and comfortable home, or biking through the countryside of […]