As Federal Interest rates rise, you may be able to get almost 5x more interest payments for keeping your savings in T-bills as opposed to your bank’s savings account. Even when compared to CDs from other high-yield savings accounts, T-bills will offer slightly higher interest rates and the benefit of not having to pay state taxes on the interest earned.
Saving money doesn’t have to be a drag. In fact, it can be fun and rewarding! Done correctly, you may not even realize you’ve cut back on things. In this post, I’m going to talk about how to save money while not feeling like a scrooge and not feeling like you are limiting yourself.
With the ever-increasing price of gasoline and the greater availability of electric vehicles, you might be asking, “should I buy an electric car over a gas car”
When we need to buy something and don’t have enough cash to buy it outright, we have to borrow money from a bank or a lender. We then have to pay the money we borrowed back, plus an extra amount called “interest.” As interest rates rise, here are some things you should know.
As mortgage interest rates rise you may wonder if it’s better to pay your loan off faster by making extra principal payments. In this post, we’re going to answer this very question.
In this post, I’m going to break down the differences and similarities between 401ks and IRAs. Then I’m going to talk about things to consider when choosing between them. Here’s how this article is broken down:
When a company “matches” your 401k contributions, this means they will also contribute to your 401k account in some form or other. In this post, I want to answer the question, “Is it worth it to contribute to my 401k if my employer doesn’t match?”
Why would you want to automate your investments? Because the S&P 500 has averaged a return of 10% per year since it was founded in the 1950s, and over the long term you could become a millionaire by saving as little as $250 a month. The one thing that you need to make sure you do is to invest regularly. To help with that I’m going to detail out a step-by-step process on how to set up automatic investments via Fidelity
How do you whether you have a good real estate agent or a great real estate agent?
In this blog post, I will summarize key takeaways from Jens O’ Parsson’s book, Dying of Money – Lessons of the Great German and American Inflations.
Is it better to pay off your home faster so you can get more money when you resell it to someone else, or is it better to lower your monthly payment so you can invest in the stock market?
In many places on the internet we will find people touting secret ways to “get rich quick”, and in many instances, they will gladly teach us how to do it for a small price. The surest way to wealth is long-term saving and investing. Even small amounts of money saved for a long period can allow you to generate hundreds of thousands in savings. In this article, we will look at the following: