Andy is a 30-something New Yorker who turned his financial life around. He took charge of his finances, got out of debt, and is now working his way toward financial success. He is the owner of Money Destiny and the publisher of WorkSaveLive.com.
Follow Andy Tenton on Google+ and @WorkSaveLive on Twitter
I spend a great deal of my life talking, thinking and writing about money. We are all familiar with the oft-repeated biblical phrase that says the “love of money is the root of all evil”. It [...]
The other day a friend called and asked me for some advice on personal finance. I was pretty flattered because it has only been a year since I first began reading and studying personal finance. In [...]
Prior to 2010, individuals were permitted to convert a traditional IRA to a Roth IRA under the tax law for Roth IRA conversion. There were only two stipulations that governs the conversion: (1) you have to [...]
I’ve never owned a vehicle. It’s awfully inconvenient to not be able to drive around. My commute takes twice as long via bus than if I were to drive. Going to grocery store is a pain, [...]
Banks secure your money. They do this by offering insurance (FDIC or otherwise), and are liable for any stolen funds. Because of this, they have an intrinsic interest in protecting that money — making sure it [...]
Impulse buying can be the end to all financial plans. Accounts are most likely overdrawn by the end of the month or purchase decisions are regretted. This is the reason for a sinking fund for all [...]
If I told you that you could make a 462% annualized return by investing in a water saving shower head, you might tell me to take a hike. With the stock market in the tank, you [...]
If you have ever had to make an insurance claim, you know that your premium dollars pay for very important protection. Hopefully, you enjoyed a hassle free claims process. If you did have problems getting your [...]
One of the hardest accounting frauds to spot is big bath accounting. When a company is doing really bad and has no chance of meeting earning expectations, unscrupulous management would begin writing-off every expense and asset [...]
Bonds, or fixed income securities, are debt instruments issued by companies or the government that pay a certain amount of interest, and the full principal amount at the maturity date. The interest rate for bonds depends [...]