If you’re looking to secure the financial future of your family, you may be considering a life insurance policy or an annuity. But you may have some lingering questions about which option to choose – and what makes them different in the first place. In this article, we’ll explain how annuities and life insurance differ, […]
WTFinance: Annuities vs Life Insurance Read More »
Americans embraced mobile banking as their main account access more than any other method from 2017 to 2021, according to the Federal Deposit Insurance Corp.’s 2021 report on unbanked and underbanked households. Even so, a new NerdWallet survey found that many people are hesitant to use mobile banking because of security concerns. More than 2…
How to Stay Safe When Using Mobile Banking Apps Read More »
Since the online form for one-time federal student loan forgiveness opened in mid-October, applications have been pouring in. The U.S. Department of Education estimates more than 26 million borrowers, or about half of those eligible, have applied for $10,000 to $20,000 in federal student debt cancellation. But recently federal judges have found the plan unlawful
Student Loan Forgiveness Is on Hold. Here’s What to Expect. Read More »
I first learned about mph.bank through the SaveBetter platform because they were offering a high interest rate on their money market deposit account. They’re the online bank subsidiary of Liberty Savings Bank and while they’re relatively new, their parent bank has been around for quite some time. If you’ve been thinking about opening an mph.bank
mph.bank Checking Bonus – up to $365 Read More »
A zero down payment mortgage can be a good idea, but there are some drawbacks to consider before taking out this type of loan. Read on to discover the pros and cons of no down payment loans to see if it’s right for you. What Are No Down Payment Loans? As the name suggests, a
Are No Down Payment Mortgages a Good Idea? Read More »
Contrary to popular belief, the ideal retirement age isn’t as soon as possible. Retire too soon and you may feel empty for never living up to your true work potential. Retire too late and you might always be left wondering what could have been if you had changed course sooner. For example, a 35-year-old couple
The Ideal Retirement Age To Minimize Regret And Maximize Happiness Read More »
Whether you’re a newbie or a seasoned investor, you’ve probably heard these words from a friend or family member who invests in the S&P 500: “Just buy an index fund.” Consider the words of the billionaire investor Warren Buffet: “In my view, for most people, the best thing to do is own the S&P 500
How to Invest in the S&P 500: What You Need to Know Read More »
Having access to a high credit limit is important when you make large purchases, in order to reduce your credit utilization ratio.Having access to a high credit limit is important when you make large purchases, in order to reduce your credit utilization ratio. The post Best high-limit credit cards ($5,000 to $20,000+) appeared first on
Best high-limit credit cards ($5,000 to $20,000+) Read More »
Most small business owners face incredible competition. Everyone is competing for a share of the market, and once they have it, they compete to expand that share. Yes, friends, it’s no secret that the world of business can be cutthroat. It’s not for the faint of heart. To succeed, you must have a competitive drive
Why Should Small Businesses Avoid Price Wars with Competitors? Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of November 14, 2022. Plus, our Certified Financial Planner Lauren Anastasio gives advice on how to respond to the news. Let’s rally. The stock market had its biggest rally since 2020 on Thursday, in response to a new report suggesting that inflation may
The Weekly Scan November 14, 2022 Read More »
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Saving • 3 min Money Market Account vs. Savings Account: What’s the Difference? Read More »
Saving money helps create a sense of stability and control over your finances, especially as you get older. From being able to invest in your future to spotting the spending habits that eat away at your money every month, there are many benefits to learning practical and easy ways to save your money. Keep reading
How To Save Money [and Spend Less]: 39 Tips for 2022 Read More »
There’s little else that kills the joy of traveling more than sickness. Whether you’re suffering from Montezuma’s revenge or a case of the sniffles, illness on the road is the worst. But what are you supposed to do if you get sick while traveling? Let’s look at what it’s like to get sick on vacation —…
How to Not Get Sick on Vacation — Plus What to Do If You Catch Something Anyway Read More »
Are you worried about the massive cost of getting a college education? Here are two magic words for you: free college. Free college? Is there even such a thing? Yes, there is, if you play your cards right. We got to thinking about free college when Princeton University recently announced that it’ll offer free tuition
Here’s How to Get a Free College Education Read More »
Buying stock gives you an ownership stake in a publicly traded company. If the stock price goes up and you sell your shares for more than you paid for them, you’ll net a profit if those gains outweigh your tax liability. The opposite is also true—you could lose money if you sell while prices are
How to Research Stocks Read More »
Dear Penny, I am a widow. My husband was 53 when he died. He was collecting Social Security disability for about two years preceding his death. I am nearing retirement age and was planning on taking his Social Security when I reach my full retirement age, and then switching to mine when I turn 70.
Dear Penny: Can I Get Survivor Benefits if Our Marriage Record Was Destroyed? Read More »
U.S. home values surged from 2021 to 2022 and delivered hefty boosts in home equity to millions of homeowners. Home prices have since flattened and even begun to decline in some markets, but the total value of all U.S consumers’ home equity is at an all-time high, according to the U.S. Federal Reserve Bank of
Should You Tap Into Your Home Equity? Read More »
The holiday season is here — and with it comes the food. Lots and lots of food. Turkey and cranberry sauce to baked ham and mashed potatoes to beef tenderloin and sweet potato casserole. So much food. With all those dietary delights and nightmares, comes many a decision. While some people might think about calories
Save or Splurge? 11 Questions to Plan Thanksgiving Dinner Read More »
You can use a home equity line of credit (HELOC) to consolidate high-interest credit cards, fund a home renovation, or for just about any purpose. You can even use a HELOC to pay off your mortgage. But depending on the terms of your primary mortgage and the new HELOC, it might not always be a
How to Use a HELOC to Pay Off Your Mortgage Read More »
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Investing • 4 min Portfolio Rebalancing: How it Works Read More »