Duh. Or if you’re a Simpsons fan, Doh. Either way, I’m sure you get it. But how big of a problem is debt? For today’s post, I’m going a little outside of my typical personal finance scope and talking about some reading I’ve done recently. I Don’t Have Any Debt! I can hear some of […]
Is Debt A Problem? Read More »
We all remember the Nigerian prince email scams. These were popular years ago, but they’re still around. For those who haven’t had the good luck to receive one…a Nigerian prince has a large sum of money or a fabulous investment opportunity and you are the best person suited to help. You thank your lucky stars
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A Health Savings Account (HSA) is becoming a popular but frequently misunderstood employee benefit. An HSA provides huge tax advantages so let’s dig in. What it’s Not I’m sure I’m breaking every literary rule by starting off with what an HSA is not, but for those of us who began our employment with Flexible Spending
Health Savings Account Read More »
Buying a car can be stressful. Let’s talk about some steps we can take to make this a more positive experience. My sister in law is in the process of buying a car. I am one of the few who finds this process exciting. Most people that I know dread it. She’s no exception. In
I read an article this morning about a woman who was irate because she paid off a loan and her credit score went down 30 points. I don’t blame her. I’d be angry as well. You should be rewarded for good financial habits, not penalized. I also understand why this happened and if you read
Credit Score – Today’s Example Read More »
In an earlier post on Stocks, I talked about trading v. investing. To me, investing is researching different businesses and choosing to invest in those that I think will pay off in the long-run. I see trading as an activity in which one tries to move quickly in and out of different securities, trying to
Trading is Hard – Today’s Example Read More »
Today was a rough day in the market. They are more common than you might think. I typically dislike the constant coverage of what the market is doing, and investing experts who are happy to tell you why the market tanked today. Where were they this morning? I’ve never seen a pre-market headline that told
Wow. Today was a Rough Day in the Market Read More »
Your credit score is much more important than you may realize. Let’s dig in. Many people refer to their credit score as their FICO score. Just like FEDEX is not the only package delivery service, FICO is not the only credit score. While they all use similar criteria, the results can be different, which is
Time is the secret weapon in building wealth. For those who only read the 1st paragraph of an article, I wanted to get this out there first. So there you have it. Let’s talk about why. Sylvia In preparing for a personal finance class I was teaching a few years back, I came across an
The Secret to Building Wealth Read More »
Unless you end each month with more money than you know what to do with, you need a budget. If that sounds like an exaggeration, it’s not. Why Budget? Before we talk about the mechanics of creating and managing a budget, let’s talk a little about why you need one. Most of us work