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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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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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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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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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Are you thinking about opening a 529 College Savings Account for your grandchild? It may be more advantageous to make a financial gift to your grandchild instead. We’ll dive into why grandparents may want to shy away from opening their own 529 College Savings Accounts for a grandchild – and what method might leave everyone…
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Wouldn’t it be great if trades were free? A newer investing platform that comes with its own snazzy app aims to do just that. It’s called Robinhood. But does it really move wealth into the hands of the common man with free trading? Not really. Here’s why. Common Investing Fees The reality is, there’s no…
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Homeowners insurance is more than just another bill we have to pay every year. It’s the price we pay for peace of mind if our property is damaged or destroyed. Unfortunately, homeowners insurance isn’t cheap. And if you don’t take steps to mitigate the costs of this coverage, you could wind up paying way more…
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Are you trying to save money on auto insurance? I’ve got some simple advice that can help you save hundreds of dollars on your auto insurance policy. Every year, thousands of people make a specific mistake with their coverage that costs them big time. These people are literally taking hundreds of dollars every year and…
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