10 Horrible Habits That Keep You from Growing Rich
For most people, success doesn’t come without first developing good financial habits. But sometimes what’s more important is acknowledging bad financial habits that need to be dropped. When you...
View Article8 Best Tools to Manage Every Aspect of Your Money in 2020
Personal and business finance programs and apps have become incredibly popular because they’re so easy to use on your computer or smartphone. No matter what you’re trying to achieve with your money,...
View Article5 Effective Ways to Get a Loan with Bad Credit
If you've had the wind knocked out of your credit scores due to financial problems, or because you’re struggling to build credit for the first time, it can be challenging to get a loan. It’s critical...
View Article8 Investing Rules to Follow Even When the Stock Market Drops
With all the volatility going on in the financial markets right now, I pulled a show from the archives with specific investing advice. The show originally aired at the end of 2018 when the markets were...
View Article5 Strategies to Manage Finances During Coronavirus Uncertainty
Writing this post is eerily familiar to one I wrote at the end of 2008, just a few months after I became the host of the Money Girl podcast. The Great Recession, which lasted from the end of 2007 to...
View ArticleHow the COVID-19 CARES Act Affects Your Retirement
Shannon B. says:I read that due to COVID-19, the 10% penalty for withdrawing from retirement accounts will be waived. I’m wondering if this includes IRAs. And since I’m financially affected by the...
View ArticleWhich Debts Should You Prepay First? A 6-Step Plan
Maya asks:“Is it better to pay off student loans or a mortgage first? I’m asking for my brother, who took out $80,000 in student loans about 20 years ago and has only paid off about $10,000. He...
View Article8 Best Budgeting and Personal Finance Tools
Taking control of your personal finances is simple in theory. But if you’re struggling with budgeting, saving, or investing, trying a new tool may be the ticket to making better decisions and improving...
View ArticleShould I Use a High-Yield CD for My Savings?
Anna from Washington D.C. says:Thanks for putting out a great show. I've been listening to the Money Girl podcast for several years, and your straightforward advice and information has helped me make...
View ArticleWhy Everyone Should Invest and How to Get Started
Most people know that if they want to have true financial security, they need to think about the future, not just the present. Often, this means making sure that you don’t spend all of your hard-earned...
View Article15 IRA Rules You Should Know
Since the coronavirus pandemic has caused so much economic uncertainty this year, it’s the perfect time to get serious about funding your retirement. There are a variety of accounts you can use, but an...
View Article5 Legal Documents You Need During a Pandemic
As Americans grapple with how to stay physically and financially healthy during the COVID-19 pandemic, it’s critical to make sure you and your family have the right emergency documents. It’s much...
View Article2020 Guide to Using an HSA for Savings, Tax Breaks, and More
One of my favorite tax-advantaged savings accounts is a health savings account or HSA. Not only does an HSA allow you to pay less tax for a wide variety of allowable medical expenses, but you can spend...
View ArticleCan Passive Income Make You a Millionaire?
Have you ever heard the statistic that millionaires have an average of seven streams of income?I tried to find the survey, report, or some official repeating that statistic, but I was unsuccessful....
View ArticleHow to Use a 529 Plan to Manage Education Expenses
Jack says:Now that my son is in college, I need practical tips for using my 529 saving plan. I’m wondering how much should I withdraw from it, what are the tax consequences, and if I need to save my...
View ArticleA Beginner's Guide to Investing in Stocks
To new investors, the stock market can seem mysterious and intimidating. Many people hear that buying stocks is risky, but they like the potentially high investment returns. Fortunately, there are some...
View Article5 Investing Strategies That Can Harm Your Portfolio
If you’re educating yourself on how to invest your money for the first time, books such as Thinking, Fast and Slow, The Little Book of Behavioral Investing, and Animal Spirits: How Human Psychology...
View Article5 Options for Your Retirement Account When Leaving a Job
One of the most common retirement questions I receive is what to do with a retirement account when leaving a job. Knowing your options for managing a retirement plan with an old employer is essential...
View Article10 Strategies to Reduce Money Stress and Improve Your Finances
Many people mistakenly believe that if they just had more money, all their stress would disappear and they could finally be happy. In some cases, earning more is the solution to improving your...
View ArticleGot Cash? What to Do with Extra Money
I received a great email from Magen L., who says:I no longer have any retirement savings because I cashed it all out to pay my debt. We also sold our home and moved into an apartment just as the...
View Article
