What Is a Coverdell Edu...

Given the alarming rate at which universities are increasing their tuition, saving for your child’s college education can seem like a daunting task. But believe it or not, it’s almost more important when you start saving as opposed to how much. So don’t delay....

Help a Reader: Paying O...

Here’s an email I recently received from a reader: I own 2 rental properties.  Both were purchased between 2005-2006 and I have lost equity in the properties since the recession/housing bubble.  I am in the military, so these were purchased as homes for us to live in while we...

Help a Reader: Buying a...

Here’s an email I recently received from a reader: I’m a single male, 26 years old, who graduated from college in 2007 with a BS in Mechanical Engineering.  Thanks to some scholarships, I was able to graduate without any student loan debt, and in fact had a Roth IRA with...

6-Step Guide to Renting...

Another month has come and gone and you’ve just barely been able to squeak on your mortgage payment . You breathe a sigh of relief, but already you’re dreading next month, when the financial anxiety hits again. If this sounds like your life, you’re not alone. Thanks to...

What are Financial Deri...

If you are active in the investing world, you’ve most likely heard something about dealing in derivatives. While this kind of investing may be too risky for those new to the game, it can be a great option for more experienced investors. So, how does it work? Read on for a breakdown of...

Military Retirement Pay...

Serving in the United States Armed Forces is a career choice that requires years of sacrifice, challenging and dangerous assignments, and fairly meager pay. However, one of the benefits offered to the men and women who choose a life of service and sacrifice is a pension plan. This...

Quicken Loans Review â€...

Recently, I’ve been looking into options for  refinancing my home mortgage in order to save some money. As part of my research, I decided to take an in-depth look at  Quicken Loans , a site you’ve probably heard of before since it represents one of the major players in...

Instant Gratification K...

In Market Watch’s post on savers’ impatience hindering retirement goals , they make the following comment: “Impatience or present-bias might explain suboptimal financial decisions. That is, some people persistently choose immediate gratification instead of taking advantage...

There is No Good Debt...

In his newest book, Debt Free For Life: The Finish Rich Plan for Financial Freedom , author David Bach shares the following about how he responded when someone asked him about “good debt” versus “bad debt”: Almost automatically, I started giving her the standard...

10 Things Your Boss Won...

Smart Money lists 10 things your boss won’t tell you  as follows (along with some explanation where needed: 1. “Yes, we are reading your emails… and your IMs.” 2. “You’re too old for this.” (roughly 25% of employers said they were reluctant to hire...