Category: Insurance

Should I Hire An Accountant Or Do My Taxes On My Own?

Photo by: herzogbrMy old man used to tell me, “Hank, you want to find yourself a CPA that will walk you RIGHT UP TO the door of jail, but not let you go in.” I think that’s pretty good advice – take what you can, when you can (legally) because the Government is not [...]

Should I Take Out A Reverse Mortgage On My House?

Should I Take Out A Reverse Mortgage On My House?

My brother mentioned setting my mother up with a reverse mortgage over the holiday break, so I thought I would do some research on what is was and if it was a good idea. I had heard of it before and I have a basic understanding of it, but I figured there had to be [...]

Goodbye To My Universal Life Insurance From Hartford Mutual

Photo by: dave mcmtSo I’ve done it – after debating for about 2 months and trying to convince myself that I DIDN’T make a bad investment in getting in on this, I’ve come to my senses. I admit it, I made a bad mistake 5 years ago to purchase my Hartford Life Universal [...]

How Do I Plan To Reach My Investing Goals For Retirement?

Photo by: emdot
Only 0 days 5 hours 2 minutes left until Hanks Holiday Handout drawing!
To make my goal of having my net worth be $1,000,000USD by 2020 I need to have a plan laid out. Yes it will change through the years, My wife and I will get raises; we won’t get the [...]

I’m Ditching My Edward Jones Deferred-Loaded, “B” Shares ROTH IRA

So after writing about how my Edward Jones ROTH IRA was invested in “B shares” of NFPBX and no response back from my Edward Jones rep questioning him if I could get out without paying the 5% deferred load or reallocate the funds elsewhere, I figured it was time to do something about it, and [...]

My Monthly Expenses Are High; How Can I Cut Down My Monthly Expenses?

My Monthly Expenses Are High; How Can I Cut Down My Monthly Expenses?

So I decided to try out Flexo’s monthly expense template, and it isn’t looking too promising for me this month.  I’m doling out more than I am taking in this month.  Off the top, that sounds like it is bad, but really it isn’t TOO bad.  I figured my cash allowance was high this past [...]

How Did I Get INTO Debt/ How Do I Get Out?

How Did I Get INTO Debt/ How Do I Get Out?

Climbing out of debt can be hard, but it is certainly possible. I initially started searching Personal Fianance Blogs a year ago to find a way to climb out of debt myself. RedCouch hosts a blog and isn’t so sure about them, but they’re thriving and helping now! There were not as many as there [...]

In What Order Do You Invest Your Money?

In What Order Do You Invest Your Money?

So one of the biggest steps after deciding that you want to save money is deciding WHERE to put the money? There are so many options out there, and so many different people suggesting places to put it. I’ve actually lurked on dozens of sites that have their own choices on where they put their [...]

How Much Is Too Much For Homeowners Insurance?

How Much Is Too Much For Homeowners Insurance?

I recently got my bill in the mail from Travelers Insurance. I went with them because when I called up Geico to renew my auto insurance, they mentioned they cut a deal with these guys to give me the best deal on homeowners insurance. But did they? I own a fairly new house (it’s a [...]

Is There An Investing Age Gap?

I am 28 years old and I have limited, but learning comprehension of how investing works. I wasn’t taught my my parents, I wasn’t taught by my school, I wasn’t taught by my friends. I came into learning about it more forced than anything else. I went backwards from the standard: Date–>Marry–>Save/Invest–>House–>Child.
I went Date–>Child–>Marry–>Child–>House–> Save/Invest. [...]