People invest as a means of securing their financial future, providing them with a source of money at the right time. Outside of retirement accounts, you typically have a lot of power when it comes to choosing to cash out your investments. But how do you choose the right time to cash out of your […]
Yes, you make money investing in art and antiques and have fun while you do it — if you’re savvy about things. Although the rate at which antiques appreciate hasn’t been benchmarked, fine art has delivered an average annual return of 8.9 percent since 2000, according to Artprice.com. To achieve anything comparable requires does require […]
Around 63 million Americans currently receive money from Social Security. Some of it goes to retirees and their dependents, another chunk to disabled workers and their families, and a final portion to widows and survivors of the deceased. Social Security can feel like a complex system, and many women have questions about how it works. […]
Most people know that the earlier they start saving for retirement, the better. But, life happens. Maybe you didn’t earn enough to contribute to your retirement in your 20s or 30s. Maybe a financial disaster meant you had to withdraw your savings, sending you back to zero. Then, suddenly, you’re 40 with no retirement account. […]
Maybe you should rethink whether it’s in your best interest to postpone your retirement. Although people have been retiring later and also planning to work part time during retirement, ilness or layoffs often force people to retire before they had planned or go on disability. Unfortunately, this is arising at a time when the federal […]
In a world of misguiding money advice, how do you find the right personal finance book for you? Covering everything from saving money to the consistent habits of the wealthy, these personal finance books offer a wealth of tried and true advice. Listed in no particular order, each book offers sound council rooted in experience; no frills, […]
I understand the argument behind the advice of putting at least a 20% down payment on a house purchase. No one wants to pay private mortgage insurance and the idea of getting two different loans to avoid it isn’t that great either. I imagine if you are a previous homeowner and have some equity from […]
One of the most important life lessons that we can all learn is to seriously listen to and consider the advice from those who have more experience than we do. When it comes to the end of our life, most of us are going to have some regrets. A nurse, Bronnie Ware, who spent years […]
Financial windfalls are double edged swords. One the one hand, you have a large sum of money. On the other, you can be placed into a situation you are not prepared to handle. Sales of real estate or businesses usually involve the conversion of an liquid asset into large amounts of ready cash – presenting […]
For years my money management system consisted of a patchwork of tools. I have a monthly budget worksheet which totals income and expenses and details when each expense is due. I also have a spreadsheet in which I inconsistently attempt to track my spending by category. Finally, there are the online logins to different financial […]
