If you are thinking about retiring outside the United States, you might be concerned about your retirement income. But you don’t have to stress. Dealing with Social Security abroad is a snap. You can easily apply for and collect Social Security benefits if you are out of the country no matter how long you are […]
How to Start a New Career Without Starving To Death
Let’s say you are dying to do something different professionally but you feel stuck. You feel this way because you can’t afford the inevitable pay cut that comes with staring out fresh. If this describes you, I think I can help. I’m going to show you how to start a new career even if you […]
What Is Dollar Cost Averaging?
When you dollar cost average (DCA) you take a fixed amount of money and invest it at set intervals. Usually that means you take the same amount of money and invest it each week, month or quarter. If you have a 401k or 403B – you are already using a form of dollar cost averaging […]
What is a Personal Mission Statement?
Let’s pretend that you are playing Jeopardy. Alex Trebec turns and says to you, “ the answer is “the key to your financial success””. You answer “what is a personal mission statement?” Congratulations. You just won the daily double. What is a personal mission statement? A personal mission statement declares who you are and what […]
How Much Do I Owe My Children?
Do you ever wonder how much you owe your kids? I do. I ask myself this question almost every day. I live in a pretty affluent area. If the kids decide to attend attend a picey college their parents usually send them there with no questions asked. And after these kids graduate, many with over $100,000 in […]
How To Teach Your Kids About Credit Cards
My 14 year-old, like most kids, loves to spend money. I like having control over that spending and I do this by providing her cash because I can limit the damage. But sooner or later she’s going to get a credit card like her older siblings. Here are the tools I used with the older […]