At 39, I Inherited $4M in Real Estate and $200K Cash – What Should I Do Next?
Receiving a big inheritance can be a good thing or a bad thing. It’s good if you use the money wisely, but an inheritance can turn into a nightmare if you get deeper into…
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These 2 Moves Could Make it Easier to Ride Out a Recession
If you’ve been investing for quite some time, you’ve probably experienced your fair share of stock market corrections and a recession or two. And if you’re new to investing, buckle up. At some point…
The Six Biggest Factors Causing Americans’ Car Insurance to Skyrocket
Are you paying higher insurance premiums than ever before? Are your rates increasing by more each year? You’re not alone, and you’re not wrong. The average insurance cost for cars in 2024 was 33%…
Americans Now Have $1.21 Trillion of Credit Card Debt, the Highest on Record – 7 Ways to Make Sure You Don’t Take on Too Much
It’s a frightening reality about the state of American consumer debt that at the end of 2024, the Federal Reserve Bank of St. Louis indicated that Americans owe more than $1.21 trillion in credit…
Why Are People Still Using Debit Cards Without Rewards, and Worse Security When Cash Back Cards Are An Option?
One of the biggest questions anyone in their young financial life has to decide is how much influence a credit card will have on how you shop. While everyone has a debit card, thanks…
Should I ride out the S&P or buy a townhouse at 28 with $120k in stocks?
The S&P 500 has become a lot tougher to ride out with the index melting down more than 10% in just two sessions last week. While only time will tell if the worst is…
Mark Cuban says this type of equity “is the most valuable equity you can invest in”
When you think of investments, you probably think of stocks, bonds, real estate, or CDs. However, billionaire Mark Cuban said there’s something even more valuable you can invest in. It’s a particular type of…
I just discovered my 401(k) has a hidden clause forcing half into an annuity if I die – is this normal?
It’s a pretty common thing for employers to offer a 401(k) plan. And different 401(k)s can have different rules. Many 401(k) plans have a Roth savings feature that allows your money to grow…
Should I Keep the Timeshare Gifted to Us, Even Though We Don’t Travel to Hawaii?
Timeshares can be a very costly investment (I’m inclined to view it as more of a liability) for many vacationers who’ve discovered just how much the annual costs can add up. Indeed, Hawaii timeshares,…
What’s The Point of Using Travel Credit Cards Instead of a Simply 2-3% Cash Back Card?
In the credit card world, the debate between cashback and travel cards is seemingly timeless as to which card type benefit helps you earn more. Undoubtedly, devotees on both sides swear that one benefit…
Baby Boomers Could Really Clean Up If They Switched To A Cash Back Credit Card
While there are many different ways that baby boomers can make money right now, one of the easier things to consider should be rewards-based credit cards. Baby boomers tend to spend more money than…
How I Went From $600K to $1M and Lost It All to Gambling Addiction at 28
With the rise of gambling apps and increased speculation on meme stocks and short-dated options, it’s not hard to imagine that many of today’s young people have lost considerable sums on bad bets. Undoubtedly,…
I paid off my mortgage and have $7 million in the bank – would you retire in 5 years if you were me?
Anytime someone starts seriously considering their FIRE (financial independence, retire early) number, there is hope that they are close enough to this number to make it meaningful. The idea of retiring early and living…
My husband and I have a 12-year age gap – how do couples like us coordinate retirement timing?
Significant age gaps between couples aren’t all too uncommon. While a gap of over 10 years may entail thinking differently about retirement and financial planning versus couples at or around the same age, I…
What Factors Actually Matter When Picking A Cash Back Credit Card?
A cash back credit card allows you to save some money on every purchase. These cards also allow you to build credit if you make on-time payments and keep a low balance. However, cash…