Online banks are the place to bank these days. Everyone is looking for the bank that is paying the absolute highest interest rate on savings accounts. However, finding the best online bank is not just a matter of determining who is paying the highest interest rate. While a high interest rate is important,...

I have never professed to know everything there is to know about money and finances, and I am reminded of that on a fairly regular basis. Recently, I came across the term “umbrella insurance” and realized that I basically knew nothing about it. I had heard of it before but really had no idea what...

Eliminating your credit card debt and all of your debt is the single most important thing you can do to help you start winning with money. But, it’s one thing to just pay off your credit card debt and get right back into debt. When you decide to eliminate your debt and achieve the goal, your next...

I have had many conversations with many people in the past who have inquired about how to get out of debt. Most of these people realize that they are in debt and that they do need to do something about it. Realization of the problem and desire for a solution is one of the all-important first steps,...

It’s really hard to believe that Summer is almost over, and many of you will be sending your kids back to school! Sending your kids back to school can be a really expensive time of year, because your kids are growing out of clothes and need new school supplies. Fortunately, a lot of states have...

I read an interesting story in NPR this weekend showing how impulsiveness is tied to the chemical content in your brain.  Akin to how plaintiffs attorneys have tried to use genetic makeup to explain why criminals do what they do, I wonder if people knew what their dopamine levels were in their brain,...

Last night was one of those nights I wish I had a security system.  I’m a light sleeper to begin with, but when I hear a huge bang in the house, I spring out of bed, fists clenched ready to take on the invisible intruder.  This happens about once a month and it drives me nuts.  I suspect the...

The other day, my wife was at the town pool with the kids (for the first time ironically), and she had her Driver’s License stolen out of her beach bag, presumably because it was in a plastic bag with a few bucks.  She had her guard down because she was sitting with other moms she knew and it’s...

I read a rather controversial article recently in the Wall Street Journal aptly entitled “ Leverage Baby! ” outlining the case for taking on debt to invest it at a higher rate.  The main premise of the article was that now may be an optimal time to actually take out loans at extremely low...

I’m sometimes confronted with various options for either making additional money or saving money by doing something myself, and I then need to reconcile that with my available time.  Add to that mix the financial benefits net of expenses and taxes and before you know it, it’s become a little...