There’s just something exciting about hearing the words “promotion” and “raise” at a job you have worked tirelessly for years. What used to be commonplace is now less of a realization than most people…
There’s a reason people are often encouraged to save for retirement in an IRA or 401(k) plan. These accounts offer a number of tax benefits. And if you save for retirement in a…
Recently, DoorDash announced a partnership with Klarna that allows people to finance their purchase of food delivery. Users will be able to choose between paying immediately, making four interest-free payments on their purchase, or…
When it comes to the FIRE (financial independence, retire early) movement, there are few things more sacred than the 4% safe withdrawal strategy. Generally considered the best way to plan for early retirement, there…
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…
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…
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…
A Reddit user has had a bad experience with the Affordable Care Act. Since both she and her husband are considering retiring, the couple needs medical care for 2.5 years until they can qualify…
Financial advisors and wealth planners are like a coach standing in your corner, ready to give you pointers and help you recover when you’re between rounds. But just as every coach has a different…
One of the hardships of working day and night to achieve success is that burnout is not only a very real possibility but something many people have to contend with more than once. Unfortunately,…
A Reddit user is considering taking money out of his 401(k) to pay off his credit cards. His cards are at 24% interest, which is a very high rate. If he withdrew funds from…
A Reddit user posted to share her story about overcoming addiction and improving her credit score. She both explained how she took steps to rebuild her credit and asked if she should sign up…
A Reddit user is currently trying to decide whether he should refinance his mortgage or not. He currently has a home loan at 8% on a 30-year fixed-rate mortgage. The current lender is offering…
