Source: Get Rich Slowly Written by J.D. Roth — published 19 October 2009 (updated 28 May 2019) One of the oldest rules of personal finance is the simple admonition to pay yourself first. All the money books tell you to do it. All the personal finance blogs say it, too. Even your parents have given you the same advice. But it’s

Source: The Motley Fool An index fund can give you exposure to many stocks in a single investment, and without the high fees of actively-managed funds. An index fund is a mutual fund or ETF that is designed to track a specific index of stocks, bonds, or another type of investment. For example, an S&P

Source: Kiplinger By MICHAEL REESE, CFP® | Centennial Wealth Advisory, LLCAugust 21, 2019 That massive 401(k) nest egg that you’re so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. Just about every financial expert I know advises savers to contribute to their company’s

Source: the balance BY DANA ANSPACH  Updated November 11, 2018 [Click Here] for more of our videos on YouTube. As you think about retirement and start planning for your income needs, you might hear about some financial rules of thumb that have circulated for years. One of them is the ‘4 percent rule’. While it promises to

Source: ThinkAdvisorBy William R. Buslee, Charles R. McGrew  | May 01, 2017 at 06:50 AM The rules can lead well-meaning clients without good advisors into tax-rule maze. The term modified endowment contract, or MEC, has been around for almost 30 years, yet it continues to confuse and “mystify” policy owners and agents alike. Since qualification as a MEC

Source: the balance BY MIRIAM CALDWELL  Updated June 25, 2019 ! Most people are looking for ways to cut back on their spending. Little savings can add up, especially if you do it consistently over time, and doing several things all at once may mean that you can save significantly each month. Cutting back on your bad financial habits can make a big