Should I Open a 529 College Savings Account for My Grandchild?

Should I Open a 529 College Savings Account for My Grandchild?

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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Bid-Ask Spread: Why Free Trades Aren’t Free

Bid-Ask Spread: Why Free Trades Aren’t Free

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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The Right Way to Use Homeowners Insurance

The Right Way to Use Homeowners Insurance

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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The Smart Way to Save Money on Auto Insurance

The Smart Way to Save Money on Auto Insurance

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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11 Insanely Easy Ways to Save Money

11 Insanely Easy Ways to Save Money

No matter how much money you make, limiting financial waste will always leave you better off. When you save more money, you have more money to invest. And, if you have more money to invest, you can use the magic of compounding interest to become the next Warren Buffet. Whether you’re living paycheck-to-paycheck or swimming in…
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Investment Policy Statement (IPS) Defined + Free Sample

Investment Policy Statement (IPS) Defined + Free Sample

The Investment Policy Statement (IPS) is a document that dictates how you invest your money. If you’re working with a financial planner, the Investment Policy Statement (IPS) will also dictate how they invest your money for you. While he/she will make smart investment decisions on your behalf, you will likely want to have some say…
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How to Avoid Money Mistakes When Making Big Life Changes

How to Avoid Money Mistakes When Making Big Life Changes

Anytime you consider making a big life change, there’s at least one issue you’ll always have to contend with – money. Having enough money in-hand can mean the difference between pursuing a life change…or resenting the lost opportunity. Wouldn’t it be great to be able to switch jobs, move across the country, or launch a…
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