Even Good Debt Can Be Bad
One of the debates that goes on in the personal finance world revolves around the concept of whether or not some debt can be good. It is true that some debt (like a home mortgage) is viewed more favorably on your credit report than other debt (like a car loan). But, in practice, you are [...]
How to Start Investing For Beginners
In this Ask the Expert with Larry Swedroe article, Lynnae from Being Frugal wants to know how someone who’s completely new to investing can learn more about the stock market. Here’s the question from Lynnae:
What’s the best way for someone who doesn’t know anything about investing to get started?
Answer From Larry Swedroe
One of the great [...]
Dave Ramsey’s Baby Steps To Financial Freedom
Dave Ramsey’s Baby Steps is a financial plan designed to help you get your finances in order, get out of debt, and achieve financial freedom. Dave Ramsey has taught these Baby Steps to millions via radio, The Total Money Makeover, Financial Peace University, and on DaveRamsey.com. In this article, I’d like to walk you through [...]
Expected Family Contribution – The Key Target When Saving For College
When saving money for college education, you should be aware of your Expected Family Contribution (EFC). EFC is how much money your family is expected to contribute to your college education — the lower your EFC, the more financial aid you will receive.
A Brief Note From Plonkee
One of the great things about not having children [...]
Money Hacks Carnival #39
Looks like another another miscue in the Carnival Land. Sorry the carnival didn’t go out as planned this morning at the host site, so here’s an emergency edition of the Money Hacks Carnival #39. Before I begin, just want to say thank you to everyone for your participation.
Photo by Meagen via Flickr
Credit and Debt
Five Ways [...]
Before I start, I should say that the first economic stimulus check did come in handy. There were a couple of big bills that were piling up, and the stimulus check stopped me from digging into my margin account. However, I am not too thrill about the possibility of getting a second economic stimulus check.
Photo [...]
This article is part of the Money Matters for All Ages group writing project being conducted by the M-Network and other blogging friends. See the bottom of this article for the full list of participants and links to their articles. Please check back daily, as I will update the links as new articles are posted! [...]
As many of you know, I started this blog on July 15, 2007. During this time, I shared several goals with you, and there are some that I haven’t shared (at least until now). In this post, I will review my goals, make some revisions, and set up new milestones for 2008. By the way, [...]
In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn’t reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids (e.g., scholarships, grants, work-study, student loans, [...]
For parents who are saving for their child college education, they are mainly concerned about not saving enough. However, I don’t know if too many people think about the flip side. For example, is it possible for some parents to save too much?
Photo by Beard Papa via Flickr
I got some great discussion going in my [...]
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.60% |
| High Yield Checking Accounts | 1.46% |
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 12 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |