This is the first of a three-part series looking at three financial products I love the most — but through a highly critical lens. During this series, I will not focus on the positives.
I remember where I was when I first heard the phrase Roth IRA. I was 20...
Many of us may not be able to spend that much money needed for luxurious travel but wish to explore the world anyhow. Maybe you don’t know but it is possible to travel around without leaving a crack on your bank account. If you are really into traveling and...
For many families, summertime often means travel time. However, as the cost of travel increases, more and more families are discouraged and dissuaded from hitting the open road.
However, there are ways to help your family have a budget-friendly trip this summer without sacrificing the experience. Here are some tips.
1....
Mechanical failures can be a car wash owner’s worst nightmare, and it’s easy to understand why. Costly breakdowns and time-consuming repairs represent an omnipresent risk. One way of ensuring that the potential for equipment failure and downtime is minimized is by keeping up with scheduled preventative maintenance.
There is an...
There is a traditional belief that investors suddenly move all their money out of the market the day they retire and invest exclusively in guaranteed investment products. While this may be a valid investment strategy during retirement, it may not be suitable for all investors. What really should determine...
Millennials now make up a plurality of the American workforce, which means that employers who want their operations to run smoothly would be well-advised to understand what makes the generation born after 1983 tick.
One key thing they’ll want to recognize is what’s behind millennials’ frequent decisions to hand in...
The in-state tax break you get for opening that college savings plan may not be worthwhile if high plan costs are devouring your cash.
More than 30 states, plus the District of Columbia, offer state tax breaks to residents for contributions to a 529 plan — the college savings account...
We’re told we’re supposed to save for retirement, which generally means setting money aside each month in an IRA or 401(k). But if there’s one mistake you don’t want to make with regard to your retirement savings, it’s accessing that money early.
The reason? If you take funds out of...
Outsourcing is a common practice both at home and in business. But whereas you may not hesitate to pay someone to unclog your house’s drains or clear out its gutters, when it comes to outsourcing business tasks, the decision becomes trickier.
Now the good news is that thanks to the...
You only get a sign-up bonus once, but it can still be an important factor to consider when deciding on a new credit card, especially if you want to maximize your earnings that first year. While some cards' bonuses are easy to qualify for but don't offer much, others...
