If a little is good, then it follows that more must be better. Well, okay, maybe not all the time.
Take coupons, for instance. Clipping coupons to save money on groceries is a sensible idea. But so-called extreme couponing takes this otherwise ...
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How to Incorporate Gold In an Investment Portfolio with ETFs or Cashgold
People have diverse reasons for including an investment instrument in their portfolio, whether stocks, precious metals like gold, bonds, or any other investment vehicles.
Investment goals influence decision making because what Investor A finds ...
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Great Tips for Seniors Who Want to Live Frugally
Frugal living means different things to us at various stages in our lives. When we're young or have kids, we may think living frugally is more about scoring discounts and clipping coupons so we can save money. As we get older, living frugally as a ...
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Roth 401(k) vs. Roth IRA: What Is the Difference?
Planning for retirement is important, but it can be tricky to understand all of the terms that are used when talking about the different ways you can prepare. In this article, we're going to focus on the similarities and differences between Roth ...
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Six Methods for Dealing with a Roller Coaster Market
Corrections and bear markets never come at the right time. Distressing world events materialize, and the stock market pullbacks just add stress and anxiety to the difficult times. In January, the world was fine; schools were in session, stocks were ...
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How to Withdraw from Your 401(k) Without Losing Your Savings
Your 401(k) is your retirement plan -- but sometimes you just need to use those funds before you retire. If you make a withdrawal, however, you'll not only reduce your balance, but if you're not 59.5 or older, you'll get an extra 10% penalty fee ...
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8 Common Portfolio Protection Strategies
Investing is one of the greatest ways to grow your wealth. After all, the long-term average yearly return in the stock market has been around 10% -- and that's way better than any savings account! But as we've all seen, while the market can sometimes ...
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Why Visualizing Your Financial Future Is So Important – and How to Do It
There are millions of posts and thousands of books explaining how to improve your finances. In fact, much of this information seems to get recycled back and forth. I have found only a couple of good books and posts that deal with the visualization of ...
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Economic Collapse 101: Ten Ways to Prepare for the Unknown
Most folks are really good about making sure they have the proper amount of insurance for their home and automobiles. But when it comes to ensuring the survival of their family in rough economic times, well ... not so much.
It's no secret that ...
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How to Plan for Your Retirement in Canada
Wondering how to start saving money for retirement in Canada? Millennials thinking of retirement planning often face a unique set of challenges today. With lower earnings, rising housing costs, and increasing childcare costs, it all means there's ...
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Grandfather Says: The Boy Is ‘Just Who He Is’
Grandfather says his preparing for retirement boiled down to supporting and, to the extent needed, enabling the family members (particularly the wife -- permanent fixture -- kids, temporary) to live the lives they wanted to live in their best ...
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19 Things Your Millionaire Neighbor Won’t Tell You
Although having a million bucks isn't as impressive as it once was, most people still consider it as a sign of financial success. And judging by the number of actual millionaires enjoying life in the world today, there are apparently quite a lot of ...
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Moron Alert: How One Man Paid $87,500 in Partially Avoidable IRA Fees
Over the years I've read plenty of articles and blog posts about lying, cheating, and dumb advisors.
While lying and cheating advisors are a topic for another day, I know from experience that there are plenty of morons in the advisory business. ...
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Is It Possible to Retire With a Million Dollars?
For those of you still wondering if a million bucks is enough to retire on, this article by Jeff Desjardins from the Visual Capitalist will certainly put the concept of having a million dollars in perspective ...
Being a millionaire is ...
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7 Basic Financial Goals Everyone Should Strive For
Financial security is becoming the top priority for people around the globe. Gone are the days when having wealthy parents guaranteed a financially-secure life for their kids.
Today, almost everyone has to work hard to ensure their financial ...
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5 Rules to Consider Before Taking Out a Loan in Retirement
A million dollars -- the figure many people have in the backs of their minds as the ideal retirement fund -- isn't what it used to be. On average, it will last you about 25 years in retirement, and that doesn't include unanticipated expenses. If you ...
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11 Great Retirement Saving Tips for Twenty-somethings (& Older Folks Too)
For most twenty-somethings, saving for retirement is typically far far down their priority list. After all, it's tough to get motivated preparing for an event that won't arrive for 30 or 40 years.
Heck, I know thirty-somethings and even a few ...
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Grandfather Says: Are You Ready for Retirement?
Grandfather knew when he retired nearly fifty years ago what it would be like.
He thinks the reason that he knew was because there were things he wanted to do that he had to forgo when he was hired out to "the other man" and would now have free ...
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5 Ways to Handle Your 401(k) When You Change Jobs
The average American changes jobs a dozen times in their lifetime. With each new job comes new offices, new co-workers -- and possibly a decision about what to do with the 401(k) plan they started at their last job.
Selecting the right course of ...
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Good Personal Finance Habits Everyone Should Follow
There are good habits and there are bad habits - and I have a lot of bad habits.
For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass -- then walking away and leaving ...
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