Insurance Deductible: The (Insurance) House Always Wins

Insurance Deductible: The (Insurance) House Always Wins

Today, I’m going to show you how to save money by not having an insurance policy. This is the opposite approach from what we’ve been taught for many generations. Insurance is supposed to protect our investments and save us money when harm comes our way, right? Not always.  If you want to truly protect your…
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Boring Money Is Good for You

Boring Money Is Good for You

In the world of money management, financial advisors are apt to use all sorts of over-the-top jargon. They could use everyday terms to explain what they mean, but that’s usually boring. I’m going to do something different and tell you that boring money management is usually the best money management. Why? Because you’ll make more…
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Income-Driven Repayment & How to Hack Your Student Loans

Income-Driven Repayment & How to Hack Your Student Loans

Student loans got you down? If so, you can get in line with the other 44 million Americans. Fortunately, there are a few strategies you can use to lower your income-driven student loan payments (aka income-driven repayment) and save buckets of money, too! Here’s how it’s done. What is an Income-Driven Repayment Plan? In case…
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How to Prioritize Financial Freedom

How to Prioritize Financial Freedom

For some people, the idea that money = freedom is absurd. Some may even be offended by the concept. That’s because many people see their financial success or failure as part of their character. And when someone isn’t doing well financially, the concept of money equaling freedom can be taken as a personal attack. But the…
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Should You Loan Money to Friends or Family?

Should You Loan Money to Friends or Family?

Has a friend or family member asked you to borrow money? Maybe they need cash to start a business, want to a buy a new home, or have fallen on hard times. Whatever the reason, the question of whether you should loan money to family and friends still remains. We’ll dive into the pros and…
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The Secret to Investing

The Secret to Investing

Ah, secrets. One of the most intriguing words in our language. Especially in investing. I mean, if you just knew the secret – you’d be richer than Warren Buffet, amiright? Well, the “secret” is out – and it’s more disappointing than you think. Is There a Secret For Investing Successfully? Recently, a friend asked me:…
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Why Inflation is the Best Investment Benchmark

Why Inflation is the Best Investment Benchmark

With a dollar bill, you can usually go out and buy a candy bar or few postage stamps, or even a deeply discounted ribeye steak. Unfortunately, you may not be able to do so forever, mostly due to the fact that inflation exists. Inflation is the reason candy bars and postage stamps cost more today…
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Which Bonds are Best?

Which Bonds are Best?

The current global pandemic certainly has spun our lives around. I’m taking COVID-19 very seriously, doing my best with social distancing and preventing any potential spread of the disease. But I miss seeing my dad. I do wonder, “would hanging out together be worth the risk?” Even though we’ve been following the guidelines, I know…
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