Never use a Roth IRA as an emergency fund
Roth IRAs are unique retirement tools in that they allow the owner of the account to withdraw their original deposits from the account at any time without…
Category: Money & Personal Finance
Why it is important to talk about money
Money has become a bit of a taboo subject in American culture. Along with religion and politics, few other topics that are so eagerly avoided among…
Why many people choose payday loans
People in the personal finance community will often talk poorly about payday loans or even dismiss them entirely as an option to borrow money. Disdain for…
Booming market lifts 401(k)s but should you relax?
People get nervous when the stock market crashes. They relax when it is high. And it is high. The market has been reaching landmark highs for months and…
Vacation debt
According to the 2017 LearnVest Money Habits and Confessions Survey, 74 percent of people say they’ve gone into debt to pay for a vacation; to the tune of…
How much can credit scores rise?
Considering that it is so incredibly important for a person’s financial well-being, there is a surprising amount of mystery surrounding the FICO method of…
Debt collection joins the modern age
As an industry, debt collection has been around for as long as people have been unable to pay back the money they’ve borrowed or spent. According to…
What makes divorce so expensive?
Many parents and children alike are dramatically affected by a divorce in the family. In fact, according to the American Psychological Association, about…
Ways to deal with huge medical bills
When it comes to personal expenses, medical bills are often something that people are not prepared to deal with, and during the emergency, costs are the…
Everyday investors make index funds cheaper
The ordinary investor doesn’t consider fees when weighing mutual and index funds. This is a problem because as NerdWallet explains, these charges can dig…