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.

5 Reasons to Keep Your Life Insurance After Retirement

by

Life insurance is often touted as your trump card should you die during the prime of your life. Nevertheless, when the kids have flown the nest and you have little to no responsibilities left, it can seem silly to keep paying for life insurance after retirement. Here are five reasons why keeping your life insurance after retirement going is crucial. Why Keep Life Insurance After Retirement Final Expenses It’s expensive to die these days. Sadly, you can’t just bury yourself in the yard any longer. According to Seniors Life Insurance Finder, it can cost around $10,000 when all final expenses are taken into account. Don’t burden your family with these extra costs. You can cover these final expenses through even a small … Read more

How Can You Qualify for Public Service Loan Forgiveness?

by
Should You Take Out Private Student Loans for College?

The government-funded Public Service Loan Forgiveness (PSLF) program launched in 2007, but despite high hopes for this program – which was designed to bring financial relief to thousands of Americans struggling with student loan debt – the results have been abysmal so far, with only 1,216 applicants achieving loan forgiveness as of September 2019. Compare that to the 100,000+ applicants who have been rejected by the program, whether due to ineligible employers (“public service” isn’t as clear-cut as you might expect), missed payments (or applying for forgiveness before the minimum payments threshold is met), ineligible loans (not all student loans qualify) or simply filling out the request form incorrectly. If you think you may qualify for the Public Service Loan … Read more

U-Nest Review – Easy College Savings App

by

When you read about student loan debt in the news nowadays, there’s rarely good news about this phenomenon that’s more frequently referred to as a “crisis.” Just look at the latest student loan debt figures if you need proof: $1.56 trillion in outstanding student loans, 44+ million borrowers (including the parents/grandparents/relatives who co-signed the loans), 11.4% default/delinquency rate, and $101+ billion in default for more than 360 days. If you want to have kids soon or you currently have young kids and you’re concerned about their ability to pay for college in the future, then you’re no alone. Millions of parents around the U.S. – many of whom are still paying off their own student loans – want to create … Read more

Simple Ways to Free Up Your Personal Cash Flow

by
Manage your personal cash flow

Do you find yourself short on cash by the end of every month? Are you trying and failing to meet savings goals? It may be time to reassess your personal cash flow. Cash flow simply refers to your income after taking away your expenses. Ideally, you should have money left over after taking expenses out to save rather than accumulate debt. Taking a good look at where your hard-earned money goes each month can help you redirect it in more advantageous ways that you are better able to maximize your paycheck. Here are a few first steps to take. 1. Look at your existing contracts One of the first orders of business should be analyzing your existing financial obligations carefully. … Read more

How to Rebuild After Divorce and Get Your Life Back on Track

by

Divorces can be financially devastating. Not only is the loss of a spouse’s income detrimental to your fiscal health, but you also lose moral support, often retirement benefits, and the safety net that comes from having a partner. You can rebuild after divorce and get your life back on track. A few critical steps will help you start getting your life back together and rebuild after divorce. Forgetting or delaying these tasks will cost you precious time and money, and add to your headaches. Rethink Your Retirement Planning Money is typically tight after a divorce: Both partners’ monthly budgets will almost always take a hit as one set of household expenses becomes two. But that’s not an excuse to forget … Read more

Top 9 Best and Simplest Smartphone Apps to Earn Rewards

by

This is a guest post by Financial Wolves, a blog about making money with side hustles to help you achieve financial freedom. If you’d like to submit a guest post to Money Q&A, be sure to check out our Guest Posting Guidelines. Believe it or not, nowadays, we’re more active and enthusiastic on the internet than we are anywhere else. Recent research shows that online surfers spend close to 7 hours on the internet every day. It’s a known fact that the internet is great to socialize, share opinions, and develop your personality. However, what if we told you that you could earn amazing rewards and use your screen time productively? Yes, many apps let you earn rewards while you’re … Read more