Why pay more when you could pay less? It doesn’t seem logical and yet many do this when taking on debt. Even when lower cost borrowing alternatives are available, often consumers prefer using high interest rate credit cards. I…
For years you have likely heard that you should have an emergency fund equal to three months of expenses. But in 2020, is that enough? There are two reasons why it may not be: First, the country has entered a…
In a 2018 research study of American household’s financial lives, 15% of the adults surveyed were “workplace-only investors.” That is, they invested in stocks and bonds, but only through their workplace retirement accounts. What the survey found was that these…
Hopefully you enrolled in your employer’s retirement savings program as soon as you could. Just as you have money automatically withheld from your paycheck to fund a 401(k) – or similar – account, did you know that you can have money…
“Out of sight, out of mind…” which is how you may have felt when the annual income tax filing date was shifted to July if you have a payment to make. But July 15th is coming up fast and even…