Save more and spend smarter with expert money-saving tips! Discover budgeting hacks, frugal living ideas, and financial strategies to grow your savings.
This one’s for everyone looking for online tax software discount to help cut their tax filing costs. As you’re probably aware, the federal tax deadline is fast approaching (Tuesday, April 15, 2025). Unless you are filing an IRS tax extension or your income level does meet the threshold for filing taxes, you’ll need to submit…
What’s the Difference Between Individual Bonds and Bond Funds? Finally, with interest rates delivering reasonable cash flows, bonds and bond funds are getting exciting. You can make money with bond funds. Two benefits of bonds and bond funds are to stabilize a volatile investment portfolio and to deliver periodic cash flow. Find out the differences…
How are assets and liabilities connected to net worth? “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” ~Ayn Rand The first step in creating a fitness and diet plan is to step on the scale. Nobody likes to get weighed, but you…
My first experience with a financial advisor was in the early 1980’s, and he was a stockbroker. The minimum to hire a financial planner and invest was a few thousand dollars. The financial advisor got paid by commission. When I bought the mutual funds he recommended, he received a commission. There was a conflict of…
Best Ways to Save for Retirement in Your 50s – and more You’ve hit the big 5-0 and the reality that you’re not going to work forever sinks in. If you’re like most Americans, your retirement account is on the lean side. A recent Economic Policy Institute article reports that for households between ages 50 and…
Why is it hard to save money? Originally Published on SavingsAdvice by Amanda Blankenship – reprinted with permission. Saving money can often feel like an uphill battle, leaving many people wondering, “Why can’t I save money?” Despite our best intentions, various obstacles can hinder our ability to build a healthy savings account. Barriers to saving money include impulse…
The primary purpose to hold cash in your savings account is to bolster against emergencies and unexpected expenses. In other words, having cash on hand, either in a checking or savings account acts as an emergency fund. However, holding too much of your portfolio in cash – as opposed to investing in the stock market,…
Are Financial Advisors Worth It? You’re finally earning money, contributing to a 401k or IRA and are wondering “Why do I need a financial advisor?” In your 401k you might pick a target date fund, aligned with your retirement date and decide that your investment plan is secure. But, if you’re wondering, “Do I need…
Measures of Success During this time of year, I tend to reflect upon my accomplishments and goals. I make note of what I did well and what I need to improve going forward. I frequently think of my parents, their successes and their influence on me. I lost my Mom after a six-month illness and…
Best Way to Invest Cash A reader recently asked what to do with several hundred thousand dollars that he received when he sold his tech stocks. What a great problem to have, you come into $100,000, $500,000 or more, in cash and you’re wondering how to invest it. Investing large sums of money into the…
