November 6, 2015

Comparing Our Current Depression to the One our Grandparents Lived Through

I’ve been mulling this post over for about a month now and have been taking notes back and forth to come up with valid info to ease people from getting too worked up about it.Yes, you should probably be “worked up” if you are 55-60 and wanting to retire in the next 2-3 years, but …

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November 5, 2015

The Greatest Robbery In American History

Saw an interesting video today that compared the early 20th century American stock market to todays subprime crisis. There really are some stunning similarities, but the piece that caught my eye was the last 20 seconds when he describes the investor pull out right before the 1929 stock market crash as “The Greatest Robbery in …

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November 4, 2015

Everything You Need to Know About Balance Transfers

If you have any credit cards, you probably get all sorts of offers in the mail advertising balance transfers at interest rates that seem impossibly low. Before jumping in, learn how balance transfers work and when they can help or hurt you financially. What is a Balance Transfer? First, the basics. A balance transfer is …

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@ russteaches

Tips for Throwing a Great Party on a Budget

Whether you want to throw a party for a birthday, major holiday, or just as an excuse to get your favorite people together in the same place at the same time, it can wreak havoc on your budget. Unless you’ve been setting aside money for the party or are willing to dip into savings, a …

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How Can I Afford Organic Food?

It seems like anywhere you turn these days, you hear about the latest studies on all the harmful chemicals found in non-organic foods. Whether we’re talking about pesticides on fruits and vegetables, growth hormones in non-organic meat, or chemicals in the packaging, people are getting worried. But when you’re at the store and compare the …

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Should I Buy a Whole Life Insurance Policy?

  By Jason Van Steenwyk When it comes to financial planning topics, nothing is surer to spawn off a spirited debate among “experts” than bringing up the wisdom of owning a whole life insurance policy. Prominent television personalities such as Suze Orman and Dave Ramsey have railed against them, arguing that they do no good …

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Should I Buy a Loaded Mutual Fund?

My mother is not very financially savvy – and when I try to explain anything to her; it can often times take the better part of an hour. It may be her age or the fact she never had any financial education being a stay at home mom, but I like to try to give her the best info …

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October 30, 2015

My Number 1 Secret To Investing, Revealed!

Where should I put my money now so that I can live comfortably in retirement? I’ve been asked and asked myself this question many times over the years, as I’m sure everyone has. Everyone wants a magic formula that will tell them where to put money. Some people think there is a magic box that …

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October 29, 2015

China has 106 Billionaires; Interesting, or Frustrating?

So I just got done reading this yahoo article and I can’t decide whether it’s more interesting or frustrating. I know that millionaires happen overnight anymore, but when you see the dollar shrinking, inflation rising, and I’m fighting to get 15-20% on my investments per year I feel it fits more in the “frustrating” realm. I know …

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October 28, 2015

$1,000,000 Certainly Ain’t What It Used To Be!

Who would have thought that there’d come a day when 1MIL would officially “not be what it used to be”. According to Yahoo, it happened a while back because the new elite number is 10MIL minimum! How can this be, and how much further are we going to have to climb with inflation? “The tool-and-die man figured …

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October 27, 2015

Is Now the Time to Refinance Your Mortgage?

Mortgage interest rates dropped yet again this week, leading many homeowners to wonder if now is the time to refinance. Even people with relatively inexpensive loans at interest rates around 5% can still save a bundle by refinancing, with 30-year fixed rate mortgages hovering around 3.92%. But refinancing has its disadvantages as well, and you …

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Wildfire Season Is Here! Here’s How to Protect Your Home

  A National Guard Helicopter Works to Contain a WildFire. (Credit: National Guard Bureau) By Jason Van Steenwyk It’s summertime. That means our coastal folks in Hawaii and the Southeast get to worry about hurricanes – and the rest of the country gets to worry about wildfire season. Wildfires cause billions of dollars in damage, …

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Paper and money

Do You Talk About Salary With Your Friends or Family?

“How often do you discuss money with your friends? Does it depend on the friend? Do you ever talk about saving and investing? Are certain subjects (such as salaries) taboo? And, most of all, do you find these conversations as rewarding as I do?” J.D., at Get Rich Slowly, raised these questions back in June, and …

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October 24, 2015

How Come Food Prices Are Going Up So Fast?

I was brought up cutting coupons out of every paper we had. I was even encouraged to get coupons from my friends family newspapers (to some discomfort and embarrassment) if they weren’t going to use them. I have always been one for saving a few bucks when I can. My wife actually hounds me about …

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