Understanding College Loans

Understanding College Loans
As our young adults begin packing their suitcases to head off to college, many of them are still wondering how they’re going to make their tuition payments.  Going to college is expensive, especially with an increase in tuition fees this year. Many students will opt to get a student loan to help cover...

The Mid-Year Financial Checkup

The Mid-Year Financial Checkup
A mid-year review of your spending, taxes and retirement planning is always a good idea. It’s easier to make small adjustments in the summer (for lapses in your savings or tax planning) then at the end of the year. If you haven’t done so already, now is the time to set a date for a mid-year checkup...

Planning Ahead for Financial Independence

Planning Ahead for Financial Independence
July means many things to Americans, but one of the most significant is the idea of independence. Perhaps, then, July is a good time to start thinking about (or reminding yourself of) your future financial independence and where you stand in relation to your retirement goals. It’s also the mid-year...

IRA to Roth IRA Conversion in 2010

IRA to Roth IRA Conversion in 2010
Changes you should know about regarding IRA to Roth IRA Conversion in 2010. The rules have changed this year when it comes to converting a traditional IRA to a Roth IRA. Why is this important? Because Roth IRAs give you the opportunity to sock away tax-free retirement income, and that can be a very good...

Taxes Made Easier

When it comes to preparing taxes, many find the act of sorting and categorizing expenses the most time consuming job of all. So why not simplify? Personal finance sites like Mint.com and Buxfer offer automatic categorization, tagging and sorting for all your financial transactions throughout the year....

How Healthy Are Your Finances?

Millions of Americans make a commitment to get in physical shape each January, but what about taking care of their financial health? It seems far fewer make a commitment to being financially fit. How many of us even know how healthy our finances are? If you’re interested in finding out, CNN Money has...

10 Financial Tips for 2010

10 Financial Tips for 2010
Ready or not, 2010 is here! In the spirit of getting in shape for the New Year (financial shape, that is), we’ve put together 10 tips that will help you make 2010 a financially healthy year for you. 1. Review your credit card terms With new credit card reform laws going into effect in February,...

The West Coast’s Best Places to Retire

The West Coast’s Best Places to Retire
Where a person decides to spend their retirement years depends on many factors: preference for climate, access to health care, the cost of living, recreational choices, proximity to family and friends, the availability of arts and cultural activities and more. Several finance magazines issue an annual...

Saving for College During a Recession

Saving for College During a Recession
It’s no secret that the recession has hit colleges and universities hard this year. Many schools rely on donations and endowments to help fund scholarships and aid for students, and unfortunately both are way down for most schools. In addition, higher education is experiencing some of the worst state...

How to Set Up a Living Trust

The relentless news coverage of Michael Jackson’s death and the issues left behind with regard to the distribution of his estate got us to thinking about estate planning in general. How do you protect your heirs and ensure the assets you’re leaving behind go to the people you meant them for? One...