Category: Wealth

PeopleImages.com – Yuri A / Shutterstock.com Households that work with financial advisors accumulate nearly four times more wealth over time than those who go it alone. With expert guidance, you can optimize your financial decisions, minimize tax burdens, and build a stronger retirement portfolio. From investment strategies to risk management, financial advisors use powerful techniques…

Cars Image Source: 123rf.com Compact cars are known for being affordable and fuel-efficient. However, not every make and model will live up to those expectations. Unfortunately, some of them come with significant problems that can turn into expensive repairs. As a former mechanic, there are some smaller vehicles I’d steer clear of due to issues…

Republicans in Congress have proposed a “menu” of potential cuts to trim federal funding. However, several potential spending cuts will affect college affordability – from student loan repayment to financial aid programs. Overall, the savings from these spending cuts are relatively low as compared with other options, such as establishing a 10% tariff, cuts to…

Dragon Images / Shutterstock.com Romantic dates don’t have to drain your wallet. With a little creativity and planning, you can enjoy meaningful moments with your partner while keeping your budget intact. Here are 12 fun and affordable date ideas that prove love doesn’t have to cost a fortune. Source link

If there’s one thing I don’t recommend, it’s buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I’m not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3…

Cars Image Source: Wikipedia Around 67% of Americans choose to drive a hybrid vehicle due to their low running costs. While there are truly some great hybrid cars out there, not all of them are created equal when it comes to maintenance and repairs. Some of them can be extremely pricey, negating what you’d save…

The Dept. of Treasury is using extraordinary measures to keep the US out of default. Next steps could involve withholding Social Security payments and government paychecks. If the US does default, it could cause economic havoc. The United States approaches another debt ceiling deadline in January 2025, and the Treasury Department has already sent notice…

George Rudy / Shutterstock.com Valentine’s Day is a time to celebrate love, but it can also lead to overspending. While it’s generally not a good idea to take out a personal loan for a short-term expense like flowers or chocolates, there are situations where borrowing might make sense—especially when the expense adds long-term value. Here…

Starting on January 20, 2025, Donald Trump is now the 47th President of the United States, this time with JD Vance as his Vice President. Let’s dive into what this new Trump presidency could mean for your finances. The failed assassination attempt on Trump was a sobering reminder of how fragile life is, underscoring that…

If you are looking for the best HSA account in 2025, we’ve got your covered. If a Health Savings Account (HSA) hasn’t been top of mind – there really is no better time to start or switch to a new HSA account, as provider competition is at an all-time high. HSA funds are portable, meaning…