Estate tax is one of those taxes that most people think will decimate their money, belongings, and stocks when they die. However, estate tax does not affect very many people anymore. Let me explain both what this is and how it works. What is Estate Tax? Estate tax is the Read more…
Owing money to people can be a dangerous game. Sure, there are times where taking out debt in order to make more money can be beneficial. But sometimes that can backfire. Especially when you owe that money to a family member or a close friend. So if you find yourself Read more…
There are numerous ways to borrow money. When you take out a loan you will be charged a specific interest rate for it. But one of the questions that I have been asked is why do unsecured loans have a higher interest rate than secured loans? Let me explain. What Read more…
0% interest credit cards can be an enticing financial product. After all, you can take out debt and use someone else’s money at no interest. What could go wrong? When to Use 0% Interest Credit Cards Credit cards, in general, can be a really awesome financial tool. But they can Read more…
There are a number of ways that one can avoid student loans. But for most students there is no silver bullet. If you want to reduce the amount of student loan debt you have upon graduation or even eliminate it altogether the largest factor is picking the right college. Choosing Read more…
Do I pay off debt or invest? This is one of the questions that plagues a lot of us. On one hand, most of us don’t like having a lot of debt and probably want it gone in one way or another. But on the other hand, with the effects Read more…
Payday loans are one of the worst financial products that is out there. These loans can get someone in a payday loan cycle of headache and pain. One of which most people struggle to get out of for years. So let me give you some ways that you can get Read more…
Let’s face it. Life is expensive right now. Inflation is high. The housing market is expensive. Vehicles are expensive. And many of us work jobs with little to no upside income potential. When this happens, sometimes we can find ourselves in need of some extra money. And sadly, about 2 Read more…
Figuring out how to pay for college is one of the most stressful topics that most of us have. We all know that higher education is expensive. But it has never been more expensive than it is now. If you are not sure of how you are going to pay Read more…
An emergency fund is one of the least sexy but most important financial tools that you can have. Financial advisors and professionals disagree on an entire host of issues like how much to put into retirement, how to use/not use debt, student loans, mortgages, etc. But the one financial fundamental Read more…