My daughter started school this year. Though I was ready for her to start school, I was vastly unprepared for how many clothes she would go through. Between losing pieces at school and during her afterschool program and just being a messy child who can’t turn down a mud puddle jump, we have gone through…
Just about everybody gets off track with their budget now and then. One way to correct the problem is to make cutbacks in your spending. For example, you could keep to a strict budget for your grocery spending and eat out less. You could also shut off your cable, turn down your thermostat, and be…
Tax season is stressful. It doesn’t matter how many times you have done your taxes, laws change. Sure there may be a big payday coming your way. However, the fact that you could end up owing money is scary. The suspense of doing your taxes is a great stressor no matter how many years you…
With CDs and other fixed income products paying laughable yields, investors are searching for places to park their money and earn a decent interest rate. In a previous article, I wrote about 8 ways to earn income when interest rates suck. One of the options that I mentioned, peer-to-peer lending, has started to catch momentum as…
Whether you have an extra day off because it’s an official holiday like Martin Luther King Jr. Day (this year it falls on Monday, January 15) or you claim some form of paid time off, there’s no reason to be bored — unless you want to be. But if you don’t like having nothing to…
You can borrow against 403(b), 457(b), 401(k) or a Roth IRA plans — if the plan sponsor allows it — but only the solo 401(k) lets you do so without having to pay a penalty. Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and…
Marijuana legalization has been a long time coming, but it is happening slowly and methodically all over the United States. With Colorado, California, Washington and other states solidly on the recreational marijuana bandwagon, the sector is on the cusp of a boom, with growing business, cultivation firms and ancillary support companies popping up all over…
In another article, we discussed how to build wealth, and while we gave several reasons, it is still true that one option holds true over all others. Starting a Business The number one way to become independently wealthy is to start your own business. Why? Because once you build up a business enough, you can…
There are several reasons to start a personal investment plan, ASAP. The bottom line is that if you are spending everything you save, then you work is not leading you in the right direction. Eventually, you will want all of your income to be from your investments so that you can enjoy all of your…
There is one large misconception in the personal finance world. That it takes a specialized skillset or knowledge to invest your money. In reality there are indexes funds that have been making people wealthy for ages. VOO/SPY Both of these funds should be a starting place for index fund investing. They will both track the…