The Ultimate Guide to Earning a 10% Rate of Return on Your Investments

The US Dollar

Are you getting the best rate of return on investment? Kiplinger’s Personal Finance Magazine annually discusses ways to boost your investment yield in its latest issue. I have to say that I am always pretty disappointed with their recommendations. I love the magazine, but I didn’t really care for a list of mutual funds and Exchange Traded Funds (ETFs). But, I wanted concrete ideas on how to earn a 10% annual rate of return on my investments. US Treasuries are earning less than 1% and money market funds are not fairing much better. Certificates of deposit are barely scraping by at 2% or so even for the longest maturities. But, are these levels going to last? The stock market has … Read more

Teaching Children How and Why It’s Important to Save Money

my dads class

The following is a guest post by Paige Cornetet, author of “My Dad’s Class – An intentional Structure for Teaching Kids About Money and Life“. If you’d like to submit a guest post to Money Q&A, be sure to check out our guest posting guidelines. Here’s the thing about kids and money: children don’t intuitively understand how money works. It sounds strange but consider the concept for a minute. When a young child needs food, we feed them. When they’re thirsty, we give them a drink. Clothes? We buy them, they wear them; we wash them, and they wear them again. Eventually, of course, children come to understand that there’s some sort of trade involved, that we exchange money for … Read more

Would You Rather Have $1 Million or a Penny that Doubled?

mapping out the millionaire mystery

The following is a guest post about compound interest by Brent Kesler, author of the book, Mapping Out the Millionaire Mystery: Step Into the Secrets of the Wealthy Money and founder of the Multiplier Method www.themoneymultiplier.com. If you’d like to submit a guest post to Money Q&A, be sure to check out our guest posting guidelines. Would you rather have a million dollars OR the sum of a penny doubled every day for 30 days? A million bucks sure sounds pretty good, doesn’t it? But just to be sure, let’s do the math. One penny doubled every day for 30 days makes you over $5 million! Even though it takes that penny 28 days to reach above $1 million, after you … Read more

Are Non-Fungible Tokens (NTFs) a Good Investment?

non-fungible token

The following is a guest post by Stephen Rozo, the founder of MoneyPeoples.com. If you’d like to submit a guest post to Money Q&A, be sure to check out the site’s guest posting guidelines. Non-Fungible Tokens (NTFs) have been gaining in popularity lately as a new way to invest in digital assets. But are they a good investment? From digital art and music to in-game items and even real estate, there’s an NFT for just about everything. And as more people become interested in this new way to invest, the prices for some NFTs have skyrocketed. But there are some risks to investing in Non-Fungible Tokens. For one, they’re still a relatively new technology, so there’s not a lot of … Read more

Teach Them Young: Why It’s Important to Teach Your Children About Financial Health

learn about money

When your children understand the ins and outs of finances, it teaches them how to manage money and other life skills they can take with them into adulthood. For instance, learning how to save can teach your kids discipline. Showing them how to spend responsibly can lead to solid decision-making skills. And teaching them how to invest can help them learn to deny themselves instant gratification. Good financial health can do many wonderful things for your children. But they need your help to learn what that actually is. Here’s how to help your children take some practical steps toward building up their own financial health. Have Age-Appropriate Money Conversations Teaching your children how to make good decisions with their own … Read more

Bespoke Development – From Cocktails to Careers

promotions are so yesterday

The following is a guest post by Julie Winkle Giulioni, author of Promotions Are So Yesterday. If you’d like to contribute a guest post to Money Q&A, be sure to check out the site’s Guest Posting Guidelines. I recently visited a trendy new restaurant with friends. Arriving a bit early, we decided to grab a drink, but there was no menu insight. The mixologist (James) explained that this was by design and offered to create the perfect cocktail for each of us. He began by ‘interviewing’ each of us about our likes, dislikes, and how we were feeling that evening. Then he proceeded to whip up a tray full of cocktails that my friends and I could never have ordered … Read more

How to Choose a Financial Planner

How to Choose a Financial Planner

The following is a guest post by Michael J. Garry, CFP®, JD/MBA, the author of two books, The Smart Person’s Guide to Financial Planning & Investments: A Simple and Straightforward Approach to Understanding Your Personal Finances and Independent Financial Planning: Your Ultimate Guide to Finding and Choosing the Right Financial Planner. If you’d like to submit a guest post to Money Q&A, be sure to check out our Guest Posting Guidelines. There are as many different kinds of financial advice as there are financial advisors, and choosing the right person to help you reach your financial goals can be a daunting process. One rule of thumb I think it’s always a good idea to keep in mind:  follow the money. … Read more