Why Good Habits Are Better Than a Strict Budget

Why Good Habits Are Better Than a Strict Budget thumbnail

If you've ever tried and failed to stick to a budget, you can take heart in the fact that you're not alone. We've all been there, myself included. It's also pretty likely that you were given some bad budgeting advice that at least partially led to your failure. Here's a better approach that's both easier and more effective.

Diversification Explained

Diversification Explained thumbnail

Diversification is one of the most powerful investment tools available to you, but it's also one of the most misunderstood. And unfortunately that confusion leads to portfolios that aren't truly diversified, which can lead to under-performance and sometimes even excessive risk. Here's how to do it right.

The Easiest Way to Increase Your Investment Returns

The Easiest Way to Increase Your Investment Returns thumbnail

There's one easy and reliable way to increase your investment returns, and you don't have to be an expert to do it. All you have to do is reduce the amount you pay for your investments. The lower your costs, the better your returns. Here's why fees matter, how much money you're losing to them, and what you can do to minimize them.

Why the Roth IRA Is the Ultimate Savings Account

Why the Roth IRA Is the Ultimate Savings Account thumbnail

Most people think about the Roth IRA as a retirement account, which makes sense given that that's what it was originally designed for. But really, a Roth IRA is resourceful enough to be used effectively for just about any financial goal, from short-term emergency savings to long-term retirement income.

Friends Don’t Let Friends Sell Them Life Insurance

Friends Don’t Let Friends Sell Them Life Insurance thumbnail

Has this ever happened to you? A friend calls you up and asks you out for lunch or coffee so you can catch up. They offer to pay, so of course you say yes! You get there, sit down, and are enjoying the conversation, when all of a sudden they bring up life insurance. Wait, what? Where'd that come from? Here's what to do when that happens.

← Previous entries