Hank Coleman

Hank Coleman is the founder of Money Q&A, an Iraq combat veteran, a Dr. Pepper addict, and a self-proclaimed investing junkie. He has written extensively for many nationally known financial websites and publications about investing, retirement planning, and even how to find the best return on investment. Hank holds a Master’s Degree in Finance and a graduate certificate in personal financial planning. Email him directly at Hank[at]MoneyQandA.com. Hank has written over 750 articles on Money Q&A. Learn more about Money Q&A on Twitter @MoneyQandA and @HankColeman. Subscribe To Money Q&A If you want to learn more about taking back control of your money please subscribe to Money Q&A’s RSS feed or via email to receive all the latest articles! You can also subscribe to our Free Weekly Newsletter.

What Is Unretirement and How Will It Affect Future Generations of Workers?

by Hank Coleman

As technological and medical advancements increase the average human lifespan, our society has had to re-evaluate its approach to the traditional work model and target retirement ages. In fact, a new survey conducted by Harris Poll for TD Ameritrade recently found that at least one-third of Americans aged 40 or older plan to continue working past the traditional retirement age of 65. There are also plenty people who retire for a while then return to the workforce a few years later. It’s worth noting that financial reasons aren’t always the motivating factor for someone to go back to work; some people want access to more mental stimulation, socializing opportunities and/or emotionally fulfilling activities than what traditional retirement can offer. This … Read more

Do You Need Travel Insurance for Your Summer Vacation?

by Hank Coleman

When booking flights, hotels, and other vacation-related expenses, you may stumble upon an option to purchase “trip protection insurance” or something similar to cover the costs of your transportation and/or accommodations in case your trip is canceled or delayed for a “covered” reason. For airline tickets, this insurance typically ranges from $20-50 per ticket and covers instances related to illness, injury, natural disasters, or other major reasons for canceling or delaying a trip. The problem with travel insurance is that you may already be covered by your credit card company, depending on your card’s unique travel benefits and the fine print in your cardholder’s agreement. So why would anyone purchase the trip protection insurance promoted by airlines during checkout or … Read more

Experian Boost™ Review – A New Way to Boost Your Credit Scores

by Hank Coleman

Disclosures – This post is brought to you by Experian and contains affiliate links. While this was a sponsored opportunity, all content and opinions expressed here are my own. With Experian Boost™* results may vary. Some may not see improved scores or approval odds. Not all lenders use Experian credit files, and not all lenders use scores impacted by Experian Boost.* Some links may be affiliate links where I may earn a small commission if you choose to click on it. One of the most important numbers in any adult’s life is their credit score. When you have a high credit score, you can access credit cards with favorable payment terms (lower interest rates, fewer fees, more rewards), apply for … Read more

Review of Raddish Kids Cooking Club Subscription Box for Children

by Hank Coleman

Among the many useful skills parents should pass on to their children while they’re still living at home, cooking is arguably one of the most important lifelong skills out there. Beyond the fundamentals of prepping grocery lists and planning meals, teaching culinary skills – such as following recipes and pairing complementary flavors – Raddish Kids gives your kids the skills they need to continue leading healthy lifestyles after they eventually move out. The problem with cooking is that it can be challenging enough for one person to prep a full meal; let alone attempting to teach someone else while there are multiple timers going off, smoke coming from somewhere it shouldn’t, and pots threatening to boil over. Fortunately, you don’t … Read more

Is Financial Stress Negatively Impacting Your Personal Finances?

by Hank Coleman

An April 2020 survey released by the National Endowment for Financial Education found that 88% of Americans were reportedly stressed about finances as a result of the Covid-19 pandemic. Of those respondents, 54% said they were stressed about not saving enough money (for emergency savings and/or retirement), 29% were concerned about fluctuating income, and 48% were stressed about paying regular bills like mortgage/rent, utilities and healthcare. Considering the fact that Covid-19 has impacted almost everyone on Earth in some capacity, it’s understandable if you’re also feeling stressed about money matters lately. Even with the vaccination rollouts, it’ll be months – if not years – before we return to any semblance of “normal” life. Since uncertainty about the future can create … Read more

What Is Compound Interest and Why You Need It?

by Hank Coleman

When it comes to loans and deposits, there are only two types of interests applied; simple and compound. The type of interest applied depends on the interest rate offered by the lender in most cases. Calculating interest is one of the most confusing tasks, but only in the case of compound interest. Simple interest is quite straightforward and easy to calculate. Compound interest is where individuals tend to get confused, which is why an online compound interest calculator comes in handy. But before you go ahead and start calculating, it is best that you first understand what it is, why businesses use it, and how it is calculated. So let us go ahead and answer all these questions in detail. … Read more