No matter what cash-back credit card strategy you use, the good news is that you can receive rewards just for shopping. While there is no question you will be able to earn cash-back rewards,…
There is a lot of misinformation and bias in the financial world regarding using a financial advisor. For better or worse, the “financial advisor” title often takes on a negative connotation that gives people…
There is a Wall Street saying that stocks are for people chasing wealth while bonds are for people trying to hold onto wealth. The types of risk involved and the structure of these different…
If you have more than one retirement account, you must calculate your required monthly distributions for each one of them separately. According to the Internal Revenue Service, you can aggregate your RMD amounts for…
For baby boomers who are thinking about retirement, one’s thought process may be much more complicated today than it was just weeks or months ago. When the market is in decline, as it has…
The story of former NBA All-Star Antoine Walker is a cautionary fiscal tale. During his NBA career, which included a 2005 Championship Ring as a member of the Miami Heat, Walker earned over $108…
File this next letter from the Reddit mailbag under the rubric: “Nice problems to have.” Our caller today, let’s call her “Sally,” describes herself as 30 years old and currently renting a house with…
There is so much misinformation, propaganda, and lies surrounding government operations ever since the inauguration of Donald Trump’s second term as president. One of those includes the Social Security Administration and payments to millions…
Some people invest for many years, only to look at their portfolios and wonder if they made a mistake. This scenario came up in a recent Bogleheads Reddit post. A Redditor is having some…
There’s a reason people tend to use credit cards to pay for purchases. Not only does can it lend to better cash flow during the month, but you could end up getting rewarded…
It’s an unfortunate thing that even people with decent health insurance can end up with medical debt. In fact, medical debt tends to be a big cause of personal bankruptcies. In this Reddit…
Many parents use 529 accounts to help cover their children’s education costs. It’s even more advantageous if grandparents create these accounts since their 529 plans do not impact a student’s ability to access financial…
A Reddit user bought a co-op in New York City recently. He financed it with a 10-year interest-only loan at 5%. Although his monthly costs are lower than what he was paying when he…
There is no question that credit cards are as controversial as it can get financially, as using them smartly can help you earn rewards, while misusing them can affect your financial future. The reality…
A Reddit user is getting married soon and is wondering if he should get a prenup to protect the assets he is going into the marriage with. He explained that both he and his…
