How Early Retirement Could Mean Higher Medical Bills

July 28, 2014

Many of us like the idea of early retirement. We have visions of relaxing on a beach somewhere, enjoying our money. However, this might not be the case when you retire early. In fact, early retirement could actually result in higher medical bills. According to a recent study reported on CNN Money, retiring at age […]

Life Events That Can End in Debt – And How to Avoid the Consequences

January 16, 2014

So many contingencies can be addressed with solid financial planning – having an emergency fund, creating a college fund to put children through school while minimizing student loan debt, building a retirement plan, and even having life insurance to care for your loved ones upon your death. But sometimes things happen that come from outside […]

Does it Always Make Sense to Pay Off a Mortgage Early?

December 27, 2013

One of the goals of those who long to be debt-free is to pay of the mortgage early. The idea is that once other debts are taken care of, it’s time to focus on paying down the mortgage. There are a number of strategies you can employ to pay off your mortgage early, from switching […]

How to Move Out of Your Parents’ Home for the First Time

July 4, 2013

One of the scariest times of young person’s life is when moving out of their parents’ home for the first time. It can be even more intimidating than going off to live at college, if only because at that time you’re still under your parents’ wing . . . financially speaking. When you move out […]

How Will You Spend that Windfall? 5 Smart Moves

June 3, 2013

One of the first instincts when you experience a windfall is to spend it – and spend it quickly. This is because a windfall is considered “extra” money. It falls outside your regular financial plan, so you end up spending it in a way that doesn’t fall into your finances. This isn’t always the best […]