Archive for the 'Personal Finance' Category

Consumer Spending Outpaces Personal Income

If you’re new here, you may want to subscribe to my RSS feed. If you have any questions, please see my policies page or if you would like to contact me, you can do so here. You can find out more about me here. I sincerely thank you for visiting! Consumers once again spent more [...]

Spring Clean Your Finances

CNNMoney has a good reminder that your abode isn’t the only thing that needs spring cleaning. Your finances could also use a good look-see.
Their five suggestions are:
* Shred paperwork you don’t need. Bank/Credit Card statements after one year, paystubs other than your latest. Titles and CDs as soon as you get rid of the investment.
* [...]

Investimist in Carnival of Personal Finance

I am participating in the Carnival of Personal Finance this week. Go check out the Investimist post as well as all the other excellent posts. I will likely be posting on several in the upcoming week.
For anyone checking out the Investimist for the first time, welcome and get comfortable. I can be reached by leaving [...]

Don’t bite off too much house

MSN Money has an excellent article on not biting off more house than you can chew. Any first time homebuyer has heard it from older relatives: “buy a little more house than you can afford right now, you’ll grow into it”. The article lists reasons why that advice worked last generation, but doesn’t translate well [...]

Retiring without a 401(k)

CNNMoney’s “Ask the Expert” column highlights one of the glaring weaknesses of the “consumer-driven retirement” idea. A worker just moved from a job that offered a 401(k) to one that doesn’t. They were dutifully socking away the max under their 401(k) plan ($18,000 including catch-up contributions) but now is wondering what they can do without [...]

A Weekend Conversation

“Ugh, my financial advisor called, it’s time for my yearly ‘check-up’”
“That’s good he makes you do it every year, even if it’s just more revenue for him.”
“Yeah, I should go, it’s at least less painful than the dentist”
“And just as important, can I ask you a question? Is he a ‘fee-only’ advisor?”
“I have no idea. [...]

Marriage and Net Wealth

In honour of the day, I thought I’d point out an article that says that married people build wealth faster than single or divorced people.
[P]eople who walk down the aisle and stay hitched accumulate nearly twice as much wealth as those who are single or divorced.
Economist Jay Zagorsky of OSU’s Center for Human Resource Research, [...]

5 Ways to Idiot-Proof Your IRA

The Motley Fool (which I love for general advice but not necessarily for stock picking) has a commentary on idiot-proofing your IRA.
While the list is not exhaustive, following these five ideas will go a long way to pumping up returns for retirement.
* Stop ignoring the little things
* Don’t overpay The Man
* Avoid overdosing on accounts
* [...]

Use Tax-Deferred Accounts

This part two in a weekly series focusing on lowering tax bills and making the process of filing slightly easier. Today, I’ll focus on the easiest way to lower your tax bill using money you’re already spending.
Use Tax-Deferred Accounts
This past year, I used my Dependent Care and Health Care Spending Accounts, my 401(k), and my [...]

Squirm, baby, squirm

One of the reasons I love listening to Bloomberg Radio on XM is that I love to hear analysts squirm. Some of the hosts are particularly good at putting the screws to analysts that do ridiculous things. This morning they had on a UBS analyst that cut his price target on Google this morning after [...]

Pages (14): « First ... « 10 11 12 [13] 14 »