If you keep a lot of money in your checking account, moving your money to a high-interest checking account may be a good move. Below is a list of highest yields checking accounts. Your principal is protected, and you’re guaranteed a positive return on investment. Before you sign up, review the requirements carefully because many … Read moreBest High Interest and Reward Checking Accounts for August 2019
The following credit cards offer 5% cashback bonus promotions — usually on a quarterly rotating basis in select categories of goods and stores. The best strategy is to have several of these reward cards so all your categories are covered and you ensure that you don’t hit the cap where your reward is reduced to … Read moreBest 5% Cash Back Credit Cards for August 2019
My first encounter with a Target Date Fund was back in 2006 when my company made Vanguard Target Retirement Funds available for our 401(k) plan. I evaluated the option of using a Target Date Fund but decided against using it because I prefer to manage asset allocation myself using the more traditional asset class-based funds. … Read moreShould You Invest in Target Date Funds? Pros and Cons
Regardless of your financial situation, your credit score is an important 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 moreHow to Raise Credit Score and Fix Bad Credit
The S&P 500 is one of the largest barometers of overall stock market performance available. Most investments use the S&P 500 as the benchmark and compare themselves to the S&P 500 performance. What is the S&P 500 growth rate? As you will see below, the number we regularly use on this blog is a 9% … Read moreThe S&P 500 Index Historical Returns
The Pareto Principle, also known as the 80-20 rule or the law of the vital few, is an observation that 80% of the effects come from 20% of the causes. I often use the Pareto Principle in my job, primarily when we work on quality or process improvement projects. A beautiful thing about Pareto is … Read more80/20 Rule: Use the Pareto Principle to Improve Your Finances
An important factor in achieving financial success is setting good goals that you can work toward. Like traveling, you can get to where you want quicker if you know where you are going instead of wandering about aimlessly. However, you can’t just say that your goal is to retire rich someday. For a goal to … Read moreHow to Set SMART Financial Goals
Do you want to be able to save more money for your financial goals? Today, I want to show you how to make saving and investing less complicated by automating your finances, and share with you how I saved my first $250,000. I hope this doesn’t come off as bragging, but rather to share some … Read moreAutomate Your Savings: How I Saved $250,000
Whether your child is involved in school sports, music, dance, theater, art, or some other activity that goes beyond the scope of ordinary schooling, participation is costly. There are activity fees to pay, lesson providers to compensate, equipment, and supplies to purchase and, on occasion, trips to go on. All of this starts to add … Read more5 Ways to Save Money on Kids’ Extracurricular Activities
Many people feel like hobbies should be the first thing to go when it’s time to tighten the budget. While many hobbies might be expensive to maintain, that does not mean you necessarily have to give them up. In fact, your favorite method of stress relief might even be able to help you through a … Read moreEarn Side Income with Hobbies That Make Money