Today we have a guest post from JT over at Just Making Cents that you'll really enjoy if you have kids or plan to have kids someday... Raising Resilient and Resourceful Kids: “You can’t do that here.” We were just about to wrap up. And before my children could sell their last two cups, the authorities came [...]
What is term life insurance? How does term life compare to whole life? Do you need life insurance? If so, how much insurance do you need? And what will it cost? Want to know how to get term life insurance quotes without personal information? Let's explore the topic further... Who needs life insurance? (Probably you) If anyone [...]
A million dollars. Sounds like a lot of money doesn't it? You're right - it is! But it's also a quite reasonable goal for many Americans. Let's see how much money you would need to save each month, week, or day - to retire a millionaire. A million dollars First, let me say that a [...]
I'm not against paying for financial advice. In fact, as a financial planner, I do some pro bono work but charge for most of the services I provide. Many people are of the mindset that they'd never pay for financial or investment advice - they'd rather just do it themselves and save the money. Hey, [...]
You know that movie, Step Brothers, where the parents can’t seem to get their grown sons out of the nest? They even build bunk beds - as two middle-aged men. Today, that isn’t too far from the truth. Okay, maybe I am being a little extreme but many young adults are moving back in with their [...]
Because of lifestyle inflation (I'll explain this more below), most people think about bigger and more expensive for their next house. However, there are a lot of great reasons to consider a move in the opposite direction - smaller and less expensive. Here are 4 big financial benefits of downsizing. The median house price in [...]
The cost of living where you reside can have a huge impact on your financial goals. Here is how it impacts personal finances today - AND in your future. This is a topic that Karla and I discuss on a regular basis. It really can have a major influence on someone's ability to achieve their [...]
Many people think that if they don't have a lot of money, then why bother investing. That's the wrong way to think! There are great options for investing at any level - even investing small amounts. This is especially true with a recent change with the most popular robo-investing platform. So let's explore the question: What [...]
Do you know how much money you need for retirement? Most people don't. Without at least an estimated goal you have no idea if you are on track or not. You might not be saving enough - or you might be saving too much! Here's how to estimate your retirement needs for your financial planning. [...]
Portfolio income is a very important part of investment total returns. Far too often though investors only focus on changes in a stock or fund's price, giving an incorrect picture of their portfolio returns. What is portfolio income? Portfolio income is paid out to investors, as cash or additional shares. This income is in addition [...]