Use it or lose it: Spending down those leftover FSA dollars
In the 1985 film Brewster’s Millions, a minor league baseball pitcher stands to inherit a huge sum of money if he can spend $30M in 30 days, but finds…
Category: Money & Personal Finance
Scammers prey on payment app users
Peer-to-peer mobile payment services, like CashApp, Venmo and Zelle are portable, fast and allows users to move money and make purchases with just a wave…
Review homeowner’s insurance for coverage
Your home–one of your biggest lifetime investments–must be protected from the dangers of nature and the world. What if a volcano erupts, a satellite…
Home inspection is not just for home buyers
In one way, home repair contractors are a little like doctors who are known to say, “If only you had come to me sooner…” It’s easy to put off checking…
Shut down the noise of friends when it comes to money
Most people think that their friends don’t influence their finances, but it can happen in subtle ways. Take the friend who goes on a cruise three times a…
Special Roth rules for 2020: Still time for withdrawals
Under special rules for 2020, holders of a Roth IRA may be able to take a distribution without a penalty. The coronavirus stimulus bill (the CARES act)…
Roth IRA: Major money move for young people
If you are young and if you think taxes are going to rise during your working life (and who doesn’t?), then investing now in a Roth IRA is a major money…
Bologna or turkey? Apples or oranges? Understanding opportunity costs
In the thousands of little decisions we make every day, the costs are probably minimal. The difference in cost between taking a bologna sandwich or a…
Cha-ching! Young retail investors win big with small stock buys
Many billionaire hedge fund managers did not see it coming. When the stock market tanked in early 2020 as COVID-19 hit the U.S., hedge fund managers…
Rural home prices rise as trend out of cities picks up
Moneywise Rural home prices rise as trend out of cities picks up Real estate brokerage Redfin reports prices of rural homes are increasing as the number…