There are many ways to invest for retirement. One effective and smart way is to use tax advantaged retirement accounts. The main purpose of these accounts is to help your money grow faster through reinvesting the monetary gains without being taxed until you withdraw from your account. Depending on the type of account there are also immediate tax benefits. This increases the effects of compounding...

We all know that at one point we are going to die. When this happens we may leave behind real and personal property. Real property is real estate and personal property is our other possessions: cars, jewelry, bank accounts, etc.  The purpose of estate planning is, while still alive, to plan on how you want to distribute your real and personal property after you are gone. It should be set up to...

People dislike paying for something that they do not use. This is the rationale that prevents some people from using insurance. The purpose is not that I hope that I have an accident happen so I can use my insurance. The purpose is to protect you and loved ones in the event of an accident. Managing the risk of those events that could destroy your finances is just as important as all the other...

The landscape of our economy and society is changing so rapidly. Whether you are changing careers, staying at home, wanting a promotion, or wanting to increase your skills, you must be continually learning and adapting. Personal education, regardless of higher education or certifications or even reading about topics, is a must in today’s world of change. I am huge proponent of secondary...

Your credit history is included in your credit report. Reporting agencies, credit bureaus, use this information and their proprietary formulas to create for you a credit score. This is a numerical value that determines the risk you provide in lending you money, renting you a place to live or even determining if you are a reliable employee. Your credit score can dramatically impact your financial...