Category Archives: Budgeting
Can You Tap Into a Roth IRA for College and Education?
Learn the different ways to withdraw from you Roth IRA to pay for college, while maintaining a limited tax hit. Continue reading
Can a Student Pay Bills With a Student Loan?
Do you know the rules on how your student loan funds are supposed to be spent? Learn some of the finer points, you may be surprised. Continue reading
Buying New vs. Buying Used: Pros and Cons
When choosing between a new and used car, it’s important to consider all costs, from the interest rate on your loan to the maintenance and repair expenses you’ll face during ownership. Continue reading
How to Rent a House with the Option to Buy
Renting a house with the option to buy can be a way to secure a house and lock in a price before you’re ready to buy. When you do a rent-to-buy transaction you typically pay some money upfront in addition … Continue reading
How to Teach Your Teenager the Importance of Paying Taxes
While paying taxes might not be a fun thing to do, it is a fundamental requirement of living in the United States. The responsibility to pay even stretches to children and teenagers who earn enough to reach the Internal Revenue … Continue reading
Retiring Alone? Advice for Solo Retirement Planning
It’s easy to find advice on retirement planning – and most of it is geared towards married couples. But singles retire too, and saving for retirement is even more important when you know you’ll be entering your golden years solo. … Continue reading
Pros & Cons – Bank Debit Card Usage
Debit cards look like credit cards, can usually be used like credit cards, and in many ways are as convenient as credit cards. When you use debit cards, you don’t run the risk of having a credit score harmed by … Continue reading
Which is Better? Paying Off My Debt or Starting a Savings
As the saying goes, when it rains, it pours. And while it might seem more responsible to pay off debt first, if you don’t save for a rainy day, you might find yourself right back in the debt you just … Continue reading
Five Budgeting Ideas for New Parents
Planning for the arrival for a new baby can be exhilarating. Then sticker shock sets in. The truth is, having a new baby doesn’t have to completely drain your wallet. Let’s take a look at a few ways you can … Continue reading
6 Money Drains and How to Avoid Them
When it comes to managing your finances, paying closer attention to monthly expenses can really pay off. You’re likely paying for services you don’t really need, or overdoing your discretionary spending. These types of money drains can zap your accounts, … Continue reading