Ben Franklin was an impressive guy. He was one of our Founding Fathers, invented the lightning rod and bifocals (among other things) and was one of the most prominent abolitionists opposing slavery. Needless to say, Ben Franklin was ahead of his time. But, most of this, you already knew. What you …
Debt
Harvard Agrees, This is How You Get Out of Debt
"Improve finances" is usually the second most common New Year's resolution right behind "lose weight." For many, "improve finances" is simply code for "get out of debt." In the same way those extra pounds take a toll on your body, the weight of debt can be felt physically by way of unnecessary …
5 Big Mistakes Broke People Make with their Money
Here's what normal looks like: Average household income: $52,000 Average mortgage: $172,000 Average student loan: $48,000 Average auto loan: $27,000 Average credit card debt: $15,000 Breaking this income versus debt into a monthly budget would look something like this: …
Beware of Biweekly Mortgage Payment Services
I really don't like mail. Unless it's my birthday, nothing makes me happier than seeing an empty mailbox. That's because each and every day I'm hammered with deals, offers and not-so-subtle sales pitches. Yesterday was no different. After walking the dog around 5:00 pm, I pick up the mail and …
The Actual Math Behind Paying Down Your Mortgage vs Investing
One of the most popular debates among Personal Finance enthusiasts is that of “paying down debt” versus “investing.” For example, people ask: “Should I pay down my mortgage or add to my 401(k)?” -or- “Should I pay off my student loans or open a Roth IRA?” Although the debt and the …
5 Side Hustles That Can Help You Get Out of Debt Sooner
Being in debt can sometimes bring the hustler out of us. There’s nothing worse than having looming debts hanging over your head, and no doubt you’ll want to get back into the clear as soon as possible. If you’re looking for some ideas on just how you can hustle your way out of debt, and get back …
How Debt Can Affect Retirement
For some, retirement is but a dream of Caribbean cruises, afternoon naps, and many, many rounds of golf. But for others, it can be a daunting reality due to the decreasing number of pensioned employment opportunities. The notion that we can make choices that will permanently affect our retirement …
