Do you know what to do with inheritance money or any other windfall? I received a question like that from Nancy a few weeks ago. Here’s the situation. Nancy and Jim are both 31. They have two small children. They rent an apartment and have almost no debt. When Jim’s great-aunt passed away, they inherited […]
Archives for December 2011
Retirement Without Debt – 5 Steps
Not everyone can achieve retirement without debt. But if you really want to do it, you can. In fact, if you follow the following 5 steps, you can make sure of it. But please understand that being debt-free isn’t always the most financially savvy step to take. I say that it’s not always the best […]
How to Interview People and Hire Top Notch Candidates
If you are in business for yourself, you have to know how to interview people. And you need to be very good at it. You probably don’t have an HR department, and you have to be efficient with your time. But you have to get it right. There is nothing more expensive than hiring the […]
What to Do With Your 401k After Divorce
If you have serious marital problems, you have to understand – before you call your divorce lawyer – what divorce will do to your 401k. The reality is there are some issues over which you have no control. But there are things you can do that will have a significant impact on yourself and your […]
How New Regulations Solve College Student Credit Card Debt
The following is a guest post on student credit card debt and an excerpt from Completely Conquer Credit, which is now available on Amazon for Kindle. There’s a lot that college students don’t know about credit cards. Truthfully, I lost focus many times in college with all of the parties and fun stuff going on. […]
Adjustable Rate Mortgage – Good or Bad Idea Right Now?
Is a loan broker suggesting that you refinance your mortgage and jump into an adjustable rate mortgage? Before doing so you have to ask yourself just one question: do you feel lucky? Well, do you? Take a look at this graph. It says it all: This shows where adjustable rates are relative to where they […]