Pinyo Bhulipongsanon
There is a lot of talk about the looming recession, or maybe even a depression, that is due any day now. If your financial situation is not that good, it is time to give it a tune-up in the event of an economic slowdown. Based on my experience from the previous recessions and stock market … Read more
If you are thinking about buying a house, you might be wondering, “how much house can I afford?” There is a significant distinction between what the bank will lend you versus what you can afford to pay. In general, a good rule of thumb is to pay less than 25% of your income toward your monthly … Read more
There are a lot of sites that help you determine how much you need to save for retirement, but I have never been comfortable with them because they usually don’t share the logic behind their calculations. Also, to really under what you need to save for your retirement, there are critical three numbers you need … Read more
Mixing money and family typically is not a prudent financial move. All too often, personal feelings get tangled up in a web of financial burdens, and it can be unpleasant and potentially put you in a bad situation. It can be made even more complicated when the ones you are closest to in your family … Read more
Low interest rates might be good for the economy and consequently for the Stock Market; however, it is no laughing matter to the millions of seniors that depend on fixed-income investments for their retirement income. With the current Treasury yields below 1% (see Treasury.gov), investors are finding that the low interest rates make it difficult … Read more
Regardless of your financial situation, your credit score is an essential aspect of your finances. This is especially true if you’re planning to borrow money for any reason. With a better credit score, you could qualify for lower interest rates when you borrow, e.g., home mortgage, car loan, and other types of loans. As such, … Read more
Investing in the stock market is one of the most accessible and reliable ways to build wealth and generate passive income. It is statistically possible, to invest $100 a month and become a millionaire by the time you turn 65. Regardless of when you start and how much money you can invest, there is something … Read more
So you would like to retire early? Achieving financial independence and retire early is a great financial goal — aka, the FIRE movement. To get started, you want to make sure you have a solid financial foundation in place — e.g., get rid of your debt, build your savings, start your savings, etc. Ultimately, the … Read more
In the United States, it is quite common for individuals to leave it up to their employers to kick start the retirement planning efforts of the individual by enrolling them in a 401(k) or other employer-sponsored retirement plans. However, there are many plans beyond your standard 401(k) plan that could potentially do a better job … Read more
Do you want to know your credit score but are not sure where to look? Here, I will walk you through the three main ways you can check your scores for FREE and explain the different types of scores. Whether you plan to borrow money or not, your credit scores are important, and you should … Read more