Month: May 2018

4 Simple Ways to Enjoy Retirement Like You Always Dreamed You Would

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Whether you’re planning to retire in your late 60s or you’re aspiring to retire early, it’s important to remember that retirement is more than just financial planning and preparing to quit your job. You need to enjoy retirement. Far too many people actually hate it in the end because they weren’t prepared for the reality of retirement. It’s interesting how we all dream of quitting our jobs and living in luxury some day, but when retirement finally becomes a reality, a lot of people experience bouts of boredom. Don’t let your golden years go to waste. Now is the best time to start planning what you’ll do during retirement, instead of focusing 100% on saving money. That’s not to suggest … Read more

Insuring Your Assets: How Auto Insurance Can Help to Protect More Than Just Your Car

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Tips to Use When You Can't Afford Car Insurance

Nobody likes auto insurance until they get in a car wreck or their car is damaged in a natural disaster or weather event. And even when those times occur, most people do not like dealing with insurance companies. However, auto insurance is necessary for safe roads and accident resolution. That is why the government requires it. What’s more is that auto insurance protects more than just your car. 1) Auto insurance provides peace of mind. Auto insurance is not meant to allow you to be care-free on the road, but it is meant to give you peace of mind as you drive. Having peace of mind can allow you to be confident and calm as you engage in a sometimes … Read more

Silver: Relevant Investment or Relic?

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We live in an age where currency has taken many forms. Most of these forms are digital due to the influence of technology. Funds are easily transferred at the push of a button, the singing of a request form, or even at the simple tap of a mobile device’s touchscreen. But there’s a catch. As convenience increases, so do the risks of security breaches. Although it happens very rarely, bank security systems do fail — and when they do, your money gets compromised. One concrete example of this was when Unicredit was hacked last year. To put things into perspective, this bank obviously has access to some of the best security measures that are currently available; yet, that didn’t avert … Read more

The Trials, Tribulations, and Struggles of a First-Time Landlord

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How To Evaluate The Rate Of Return On Rental Property

Last year, my wife and I joined the league of accidental landlords. We were upside down in our home and couldn’t sell it without taking a big loss. So after relocating for work, we decided to rent our house out. I thought it would be a simple endeavor to charge enough rent in order to cover our mortgage payment each month. But that was hardly the case when the rubber met the road. There were several important factors I neglected to take into consideration that hampered my return. I was struggling just to break even. With a mortgage payment of $1,400 a month, there are many things that took a bite out of my renter’s payment. Forget making a profit; I … Read more

Public vs. Private College: Which One Is a Better Investment?

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Which is better a public or private college?

The following is a guest post by Irina Vasilescu from the blog, Don’t Pay Full, about which is better a public or private college. If you’d like to guest post on Money Q&A, check out our guest posting guidelines. On the surface, it seems like a simple question to answer. Which is better a public or private college? Which is a better investment? Surely, private colleges are cheaper, get you into less student debt, and you still get to graduate and earn the money back. But the real answer to this question is a whole lot more complex than that. Believe it or not, a private college can even work out cheaper than a public one. It all depends on … Read more

How Long to Keep Financial Records and Documents

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How Long To Keep Financial Records

If you are like me, you have a mountain of paperwork from your stock transactions, mutual fund statements, credit card bills, and a host of other financial records and financial documents. But, now that you have collected so much, the real question is how long to keep financial records and documents? There are several lengths of time and factors that you should consider how long to keep financial records. How Long To Keep Financial Records Financial Records To Keep Forever… There are several very important financial documents and records that you should keep forever. I personally keep these types of documents at home in a fireproof safe, but other people often choose to keep theirs in a safe deposit box … Read more