Way back in 1991, Salt-n-Pepa implored us to talk about sex. Not saliciously, but openly and honestly about the positive and negative aspects of the act. Similarly, I try to implore people to talk about money. Not in a braggadocio manner, nor as a means to feed hyper-consumerism; but as a way to become more knowledgeable about …
Earlier today, the U.S. Treasury announced new rules which will permit employees to purchase longevity annuities – with guaranteed lifetime payouts – in their 401(k) and IRA plans. Apparently the US treasury and Department of Labor have been working on this new option since 2010 when they issued a request for information on how 401(k)s …
Documentary: We All Fall Down: The American Mortgage Crisis (2009). Have you heard the terms Collateralized Debt Obligation (CDO), mortgage-backed bonds, securitization or tranche and wondered what they refer to or what they mean? Do you know how America found itself in the middle of a housing crisis in 2008 and the contributing factors? This informative …
I am pleased that Brian, a long time SavvyReader and supporter of the blog, has agreed to share his thoughts on retirement. Vocation Vocation is rooted in the Latin word for voice, loosely translated it means a summons or call. The word has been secularized and reduced to meaning job or work. Work, an inescapable …
Taz Bright helms this series. Taz is a father, speaker, long-time business owner and graduate of the school of hard-knocks. Taz uses his past business and personal finance experience to help steer others in a positive financial direction while, hopefully, avoiding the mistakes he’s made along the way. As a former 6-year victim of Identity Theft, …
If you are like me, and spend any amount of time cruising around the Internet, you have likely come across an advertisement, in one form or another, for the Dollar Shave Club — Shave Time. Shave Money. I have used the Gillette Mach3 for as long as I can remember. And while I have always been satisfied with …
Debt: noun\’det\ An amount of money that you owe to a person, a bank, a company, etc. The state of owing money to someone or something. The fact that you have been influenced or helped by someone or something. When we hear that word – debt – most of us think of the first definition and cringe. …
Even as you enter your retirement years, your financial planning shouldn’t stop. Having financial foresight and leading a frugal life can help you ensure a comfortable life and following certain simple tips will help you maintain the stability for the years ahead. Two of the most common mistakes that people make as they approach retirement are …
In the recent SavvyInterview with Brian, he mentioned planning to add Real Estate Investment Trusts (REITs) to his investment portfolio. That mention served as the impetus for this post. I have previously noted my belief that the primary home should be viewed as a place to live, enjoy friends and family and not viewed as an …
It really is a pleasure to conduct this week’s SavvyInterview with Brian, a long-time supporter and reader of this blog. In fact, if not the first, he is among the first to subscribe to the blog and participate via comments to various posts. I appreciate his support and I look forward to having him share …
