It’s the New Year, and I heard a lot of chatter among commenters about when they should be paying down debt vs. saving. It’s a huge question, and we’ve talked about some related things (like how to pay off huge student loans and live within your means), but we haven’t talked about when to save vs. when … Read More about Tales from the Wallet: Paying Down Debt vs. Saving
Trying to figure out how buying a home plays into your bigger financial picture? Read this post!
We’ve talked about a ton of different money issues here, but it occurred to me that it might be helpful to do a simple “roadmap” post — a listing of what to do, in what order, with links to the appropriate posts. So here’s my list of what to do with your money — if … Read More about A Money Roadmap: Where to Go Next In Your Personal Finance Journey
Wow, we were not expecting that response to the “how much do you spend on clothes” thread — among a lot of our friends we’re the cheapskate. (We run with a lot of well-dressed ladies!) Keep in mind, however, that we haunt the sales — as we tried to make clear, there’s a difference between … Read More about Open Thread: Let’s Talk About Savings Goals
2018 Update: We still think this was a fun conversation about the best personal finance books for newbies — but you may also want to check out our newest roundup of the best financial books for beginners. (If you’re just getting started on your personal finance journey, you may want to check out our “money roadmap” … Read More about Tales from the Wallet: The Best Books and Sites for Financial Advice For Newbies
How do you pay off big student loans? Can you manage your debt when you’re facing huge numbers, such as six figures? We’ve talked about when to save versus when to pay down debt before, but a number of readers have asked for a post on Really Big Debt, so let’s discuss (particularly since the … Read More about How to Pay Off Big Student Loans (and Other Big Debts)
Readers, what are your best tips on asset allocation and rebalancing your investments?
You always see personal finance articles advising you what to do at the end of the year — but I see far fewer of them advising what to do financially in the beginning of the year. Personally, I like to do two things around now: a) I take a “financial snapshot,” and b) I make … Read More about Tales from the Wallet: Setting Financial Goals
How do you manage your money without getting stressed out with a million accounts? When we talked about automatic investments a few weeks ago, some readers noted that having too many accounts was stressful to them. So let’s talk about some easier ways to manage the money, how to get a bird’s eye view of … Read More about Tales from the Wallet: How to Manage Many Financial Accounts
2018 Update: Here are our latest thoughts on whether to invest in stocks or index funds! So. I recently did something fairly dumb, and I thought I’d share. I normally follow the advice given to novices, and the bulk of what I’ve invested is in index funds or Vanguard lifecycle funds with very low fees. … Read More about Tales from the Wallet: On Bad Financial Decisions
401K fees can be such a complicated topic — so when the good folks at DailyWorth offered to guest post I jumped at the chance to have someone wiser than myself cover it! – Kat Is your 401k plan costing you too much? Many people don’t realize that they’re being charged a fee (or fees) … Read More about Guest Post: The Fees That Eat Away At Your 401K
Back in January — inspired by a Mint article — we took a look at tax-savvy investment vehicles such as 401Ks and IRAs. Today, let’s look at some of the other tax-friendly ways to save, such as 529s and Health Savings Accounts (HSAs). Just as a reminder — according to the article, “The Value of … Read More about Tales from the Wallet – Tax Savvy Investments, Part 2
