A Reddit user is trying to help his teenage children start earning a good credit score so they get started on the right financial path. The poster wanted to know if adding his kids…
A Reddit user is trying to decide what to do with his retirement funds. He has never contributed to a Roth IRA, but has been investing 14% of his income into his workplace 401(k)…
A Reddit user is trying to decide what to do with his $600,000 in 401(k) funds after leaving his job. It’s a large sum of money, so the poster will want to think carefully…
The debate over debit cards versus credit cards seems to be never-ending. Advocates of both sides love to get into the weeds about which one is the best choice if you want to avoid…
The sudden and unforeseen death of a relative loved one is a tragic event. When family survivors undertake the process of clearing up estate matters of the deceased, retirement accounts have a protocol for…
For everyone who lives or aspires to achieve financial independence and retire early in the “FIRE” movement, you must set a target net worth number. The goal is that once you hit this number,…
A Reddit poster is wondering when he can stop focusing so much on savings and start living his dream life. But, he’s not sure how to decide when he’s hit the point where he’s…
One of the most important things people want to do in retirement is to enjoy themselves. This is the whole point of the FIRE movement, especially ChubbyFIRE, when someone looks to set aside enough…
A Reddit user is trying to decide whether to borrow against his investment account to fund college for his kids. While the poster has a hefty sum at $4 million, he’s not yet close…
One of the most significant financial decisions anyone can make is when to purchase a home. Arguably, the single most significant expense for anyone, it’s hard to know precisely when the right time to buy is, as…
Comparing your portfolio to a benchmark like the S&P 500 gives you an idea of how well you are performing. It’s no longer just about generating a positive return. You also have to beat…
If you have over $20,000 in debt and growing, it’s completely understandable that you feel like you are in a position where you are drowning. The good news is that you are not alone…
Making the minimum payment on one’s monthly credit card bill may sit well with some. Indeed, it’s better to make a minimum payment than to miss a payment entirely. That said, credit card users…
It’s good to receive advice for your portfolio, but you’re ultimately the one who makes the decisions. A 28-year-old recently asked for some suggestions about his portfolio and wondered if the portfolio has too…
It’s best to get started with saving for retirement as soon as possible, but I believe it’s never too late to make up for lost time if one has a nest egg that’s skinnier…
