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.

Three Ways To Ruin Your Own Financial Recovery

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Don't trip up your own financial recovery.

Things are looking up with the economy as more economic indicators are turning positive. In the past couple of weeks, we have seen positive signs from unemployment, housing starts, consumer spending, and of course the stock market. But, how can you have a financial recovery? But, there are a few ways that you can trip yourself up and screw up your own personal financial recovery. It does not have to be that way though. You can avoid these stumbling blocks and continue your own recovery. Three Ways to Ruin Your Financial Recovery Not Being in the Stock Market No matter how much we wish we could, the truth of the matter is that we simply cannot time the stock market. … Read more

Lifestyle Choices: Making the Decision to Buy a Second Home

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Making the Decision to Buy a Second Home

To those who find it a challenge to manage their finances around one mortgage, the idea of buying a second home can seem like a stretch. There are good, workable ways to approach the idea of a second home. They call it the property ladder for a reason – once you have one home, moving to more properties becomes easier. Aiming to buy a second or third home shouldn’t even count as financially ambitious. Buying a Second Home If you’re like most middle-class families, you probably need to plan for and income of £50,000 a year once you retire. It can take a £1 million pension pot to make it happen. To most people, the property ladder is the only way … Read more

How to Get Affordable Motorcycle Insurance

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How to Get Affordable Motorcycle Insurance

The simple fact that everyone has the ability to pursue freedom in his or her own way is what makes this country so great. When you think about driving across the open road, wind at your face, and truly being one with the road, it’s easy to fall in love with riding a motorcycle. But, it can be a struggle sometimes to find affordable motorcycle insurance. The problem is that motorcycles are traditionally a bit more expensive when it comes to insurance. The reasons are many: drivers of motorcycles tend to be younger, the bikes themselves are more flashy, and if a wreck does happen it can cause a lot more damage than something like a minivan would. Rather than … Read more

Have an Extra $1,000 in Your Savings Account? Here Are 3 Ideas!

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Money Puzzle

Did you know that you’d only earn about $8 in interest if you put $1,000 in a savings account for 10 years? Where to invest 1000? The national average interest rate for savings accounts is a measly 0.08%, which is a drop in the bucket compared to the potential returns you could get if you invested that money instead of leaving it in a regular savings account. Of course, the next option – Certificate of Deposit – isn’t much better, with current rates hovering around 1-2% for 24-48 month terms ($40 in interest for a $1,000 CD at 24 months or $82 for the same amount at 48 months). Savings accounts are good for having easily accessible cash in case … Read more

Wismo Review – Budgeting and Expense Tracking Smartphone App

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In an ideal world, humans would be great at keeping track of their own expenses and savings or we would have robots and algorithms smart enough to autonomously manage all of our financial matters for us. Since neither of these ideal scenarios exists, it’s up to us to figure out the best solutions for managing our finances, tracking our expenses, calculating our budgets and figuring out how to avoid/overcome common personal finance problems like accumulating debt or saving money inefficiently. There are plenty of budgeting apps, robo-advisor platforms and other great fintech apps available for everyday consumers today, but few offer the same social experience as Wismo, the budgeting and expense tracking app, made for people seeking self-improvement and social … Read more

Not Sure Which Type of Business Is Right For You?

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Not Sure Which Business Is Right For You?

Starting a business can be a lot of fun if you know what you’re doing, but it can be wrought with tension if you’re unsure about something as basic as what kind of business you’re going to have. Even if you have an idea about the industry you’d like to work in, you may be unsure as to the specific type of business you’re going to start. Deciding which business is right for you can be made a little easier when you’re willing to put a little consideration into the kind of business you’d like to start and the way you would like to stat it. Here are a few things for you to consider when you’re looking to start … Read more