How Your Credit Score Affects Your Money

You have probably noticed when you look at your banks advertised loan rates in fine print are the words “as low as.” This probably leaves you wondering what rate you would get and how that rate is determined. Lenders set individual interest rates on loans using what’s called “risk based lending.” Financial institutions set a […]

4 Reasons to Always Keep Some Cash

Time to talk about one of the mostly highly contested views in personal finance – whether you should keep money in cash or invest it! There are some blogs and resources out there that talk about keeping as little cash as possible since bank interest rates are low and your money’s buying power is lowly […]

Avoid Banking Fees by Understanding Reg D

Regulation D is a Federal Reserve Board regulation that defines what a transactional and non-transactional account is. In addition, Reg D places withdrawal limits on non-transactional accounts. The savings and money market accounts that you have at your bank are non-transactional accounts, while your checking account is considered a transactional account. Reg D places a […]

Seven Biggest Investing Mistakes

Are you guilty of making investing mistakes?  Most of us are, so don’t feel bad.  The best thing you can do is read up on common investment mistakes so that you can try to avoid them in the future.  After all, sometimes the best investment philosophy is just the one with the least amount of […]

Finding the Right Withdrawal Rate

Like all investors, persons who are living off of their retirement savings need a blueprint to construct a successful portfolio. But the blueprint that works for the classic investor who is saving for retirement won’t work for those who are living off of their retirement savings. That’s because the goals of these two types of […]