Check out some of our latest posts — weekly nuggets that will help you take control over your money.
The world of financial services is far from transparent. Fortunately, it's slowly improving as financial planning becomes more of a profession. But we still have a long way to go. Today, there are three main types of Advisors; fee-only, fee-based, and commission...read more
Ultimately depending on a lot of variables, roth conversions can hurt or help your financial position. Is the strategy right for you? Maybe. Here's what you need to know in order to identify whether or not this strategy should be on your radar. Back to the Basics:...read more
The Back-door Roth IRA is a great strategy for high income earners. But you must proceed with caution. We're finding that, for many people, it's unknowingly causing more harm than good. How can you avoid making this critical mistake? In case you need a quick refresh,...read more
James and Kathy are a young married couple with two small children. They make a good income and live a good life. They have a good amount of cash in their bank accounts and pay their credit card bills in full every month. They’re saving up for retirement and college...read more
They say knowledge is power -- and that seems to be especially true with student loans. As complex as they have become, it’s no surprise that there is a lot of misinformation floating around out there. And what you don’t know (or don't understand) can definitely hurt...read more
I drive a 2003 Toyota Avalon. It's got about 115k miles on it. Runs great. Definitely not the coolest car. But it's extremely inexpensive and serves its purpose well. The other day, my wife told me I should consider replacing my old car. We have three boys that are...read more
This is Part 2 in our Investing Q&A series. If you missed Part 1 from a few months ago, be sure to go back and catch up here! Otherwise, let’s dig back in -- today we’re going to focus a little more on employer-sponsored retirement plans: What is a 401k vs 403b vs...read more
Are you thinking about bailing out on PSLF? Before you sign on the dotted line, do yourself a favor and read this. So I’m talking with John. John has a big student loan balance... somewhere around $300,000. His work at a nonprofit hospital qualifies him for Public...read more
So what is “good debt”? It’s a general term for a debt used to finance something that expected to increase in value. Maybe you take out a mortgage to buy a home you expect to appreciate. Maybe you borrow student loans to help you increase lifetime earning potential....read more
Question: I’m planning to switch from the Income-Based Repayment “IBR” student loan repayment plan to Revised Pay As You Earn - “RePAYE”. How do I accomplish this without having any hangups? Well - this process varies depending on your circumstances: Scenario #1 If...read more
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