retirement

Should You Borrow Money From Your 401k to Pay Bills?

We all know these common-sense investing rules: Buy low and sell high. Diversify your investments. Spend less than you earn. Learn from your mistakes. Another is never borrow from your 401(k). After all, your 401(k) probably makes up the bulk … Continue reading

stretched

How to Save For Retirement When Stretched to The Limit

Do you have a goal of what you want to do after you retire and how to pay for it? If you answered no to that question, you’re not alone. About 40% of working Americans today are not saving for … Continue reading

Tips to save for retirement

5 Easy Tips to Start Saving For Retirement Today

Ever pay attention to retirement savings statistics? They’re scary. Thirty-five percent of Americans over 65 rely completely on Social Security. Thirty-six percent save nothing for retirement. Sixty-three percent depend on Social Security, friends, relatives or charity. Only 4 percent of … Continue reading

Life Insurance

5 Important Reasons Why You Need Life Insurance

As we grow older, get married, build families and start businesses, we come to realize more and more that life insurance is a fundamental part of having a sound financial plan. Depending on your type of policy, life insurance is … Continue reading

Questions to ask a financial advisor

7 Questions to Ask a Potential Financial Adviser

Before you give your life savings – or even as little as a few thousand dollars – to a financial adviser to manage, there are a lot of things you need to know about that person. Most financial advisers are … Continue reading

Roth IRA

5 Reasons Why You Should Open a Roth IRA

The Social Security Board of Trustees said in 2011 that Social Security will run out of money in 2036. With many baby boomers now collecting Social Security and the general population living longer, the board in April revised its projection: … Continue reading

Smart ways to spend your tax refund

8 Smart Ways to Spend Your Tax Refund

The Internal Revenue Service just announced that this year’s refund checks will average slightly less than $3,000, down slightly from last year, when taxpayers received refunds that averaged $3,022. In most cases, this isn’t money the federal government is giving … Continue reading

rental_hacking

Advanced Apartment Hacking: Customize Your Rental

The American dream of home ownership has now become the American nightmare and many people are renting instead of buying their homes. (Infographic: How to Decide) Furthermore, as real estate prices continue to slide and even the mid-term outlook for … Continue reading

carnival-of-personal-finance

Blog Round-Up: Investing, Credit, Taxes and More

Our post about homeownership myths was featured in the latest Carnival of Personal Finance, a collection of top blog posts hosted this week over at Funny About Money. Some of Funny’s highlights from this week’s selection include: At Passive Income … Continue reading

Lending Club Invest Tool

Limited-Time Bonus for Lending Club Investors

Looking to get a decent return without investing in the stock market? Payoff featured tool Lending Club is currently offering a cash back bonus to attract new investors and boost their returns. We recently wrote that 62% of Lending Club’s … Continue reading