One of the most useful financial tools a person can have and use is credit. It is also one of the most dangerous tools and can completely ruin a person’s financial health if it is used inappropriately. There are many financial professionals out there that think it should only be used in rare circumstances. For…
By now nearly everyone has heard about the health care bill that President Obama signed into law in 2009 call the Patient Protection and Affordable Health Care Act, AKA “Obamacare”. Recently, after much debate in lower courts, the Supreme Court upheld the law saying it was indeed constitutional. What most people do not know is…
It has long been instilled in us that summer means vacation. There is good reason for that. Those who have children do not have to take them out of school. The weather is usually nice, the days are long, and travel is easier. There are many great places around the world to explore, but unfortunately…
After you have a good start on paying down credit card debt, and the beginnings of an emergency fund set up, then you can get started on their investments. In order to get the most out of your investments, you should strive to maintain proper asset allocation. Staying properly allocated, and rebalancing regularly, will help…
During our teenage years we feel pretty much invincible. As we get older, that feeling subsides some, but even when we hear about our peers being injured or dying early we often think, “That will never happen to me.” As we progress in our careers we have a good income, we have created a budget,…
Part of the American Dream is to own a home. Many people strive to do so, and yet quite a few never actually own their home outright. They end up carrying a mortgage the entire time. Often it is because they move, and upgrade to a more expensive house. Or they simply have chosen the…
The world of investing can seem daunting at first. With so many different parts, and so many nuances as to how it all works, people can quickly get overwhelmed. Unfortunately, that means many people fail to fully develop their financial plan because they do not take the time to realize that investments are a necessity…