Are you looking for ways to save more money? If not, you absolutely should be. And we are here to help. The Goal of This Article No matter how much money you make, limiting financial waste and living frugally will always leave you better off. The goal of this article is to educate, motivate, and…
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Does opening a 529 College Savings Account for your new grandchild make sense? Probably not. Because of the way 529 College Savings Accounts are set up and the way the money grows tax-free, it may be more advantageous to make a financial gift to your grandchild instead. Should that gift be added to a 529…
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When it comes to the way you invest your hard-earned cash, you have a big choice to make. You can: A.) earn the most money possible via a solid investing strategy, or B.) enjoy and consistently rehash a neat little fairy tale about a mighty investing wizard doing magical and fanciful things with your money. Unfortunately,…
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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. Thoughts On Giving a Personal Loan…
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A colleague on Twitter said it best: Everyone wants a fancy sounding reason for why the stock market goes down, but sometimes it’s as simple as ” because it went up a lot”. — Cullen Roche (@cullenroche) February 6, 2018 In case you missed it, the Dow dropped 4.6% yesterday, or 1175 points. It was…
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What is the bid-ask spread? Why should you pay attention to it? And, how exactly can you avoid paying this pesky fee? Those are the three questions we are going to answer in today’s blog post. Robinhood, a newer investing platform with its own snazzy app, aims to revolutionize the investing industry by making free trades…
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Homeowners insurance is more than just another bill the mortgage company makes us pay every year! It’s the price we pay for peace of mind if our property is damaged in a fire or destroyed in certain natural disasters. Unfortunately, homeowners insurance isn’t cheap. And if you don’t take steps to mitigate the costs of…
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The stock market has only gone up, up, up the last few years. Should you sell stocks now? Maybe, but you should ask yourself an important question first. “Why?” Do want to sell stocks to rebalance your portfolio or as part of your financial plan? If so, then it’s possible offloading some stock is a…
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