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.

Top 4 Easy Steps to Take When Your Budget Fails and Goes Off the Rails

by Hank Coleman

Budgeting can be a challenge for many people, even if you’re good with numbers and diligent about regularly tracking your income and expenses. Sometimes, life gets in the way, and the budget goes out the window, whether it’s due to an unexpected and costly emergency or an extended period of impulsive shopping and overspending. But, what do you do when your budget fails and goes off-kilter? Steps to Take When Your Budget Fails The first step to getting back on track with your budget is by recognizing there’s a problem. Denial can be a powerful defense mechanism against confronting a problem spending habit, so there’s no point in making excuses like “I’ll spend within my means next month” or “It’s … Read more

Why Timeshares Investments Are Bad and What to Do If You Own One

by Hank Coleman

Ways to get out of bad financial decisions

Sales of timeshare vacation rentals have been consistently growing for the past 10 years, according to the American Resort Development Association (ARDA)’s State of the Vacation Timeshare Industry 2020 U.S. report. The same report also found the average weekly timeshare sold for more than $22,000, resulting in more than $10.5 billion in American consumer spending on timeshares in 2019. But how can this be? Aren’t timeshare investments known for being terrible money pits? Not necessarily. As this comparison from Consumer Reports shows, the first several years of timeshare ownership make little financial sense until you reach a point where the costs of renting similar accommodations for the same timeframe would have outweighed the costs of the initial timeshare buy-in and … Read more

Top 6 Critical Things to Do When Your Tenants Are Behind on Rent

by Hank Coleman

It’s a tricky situation for landlords and tenants alike when rent is due, and the tenants cannot pay it for whatever reason. On the one hand, many landlords strive to be compassionate, understanding that life circumstances like unexpected medical emergencies or job losses may be causing a tenant to fall behind on rent. On the other hand, being a landlord is not a charity venture; if you don’t receive the rent you’re owed, then you’re stuck footing the mortgage bill for as long as it takes them to repay you. What to Do When Your Tenants Are Behind on Rent Since most cities and states have their own unique tenants’ rights laws and eviction regulations, let’s explore some general options … Read more

Top 5 Ways for Animal Lovers to Make Money on the Side

by Hank Coleman

Millions of people love and own pets in the U.S., even though some pet care expenses can rival the costs of having kids in some instances. To make pet care more affordable, many people have embraced the plethora of pet-friendly side gigs as a means for animal lovers to supplement their income while doing something they love. How Animal Lovers Can Make Money Side Hustling If you’ve been looking for viable work from home opportunities then consider some of the following side hustles and small business ideas for animal lovers who love being around animals. Professional Petsitting Petsitting is an excellent option for people with flexible job schedules and minimal responsibilities at home (e.g., no or low-maintenance pets, no young … Read more

Top 6 Simple Strategies for Negotiating a Raise at Work

by Hank Coleman

A recent survey of employees at major companies in the U.S. found that 64% of respondents would choose to continue working from home indefinitely over a $30,000 pay increase. This is just one of the many signs of changing preferences among employees and employers alike in the workplace, but one thing has remained the same before, during, and after the pandemic: negotiating a raise at work is still pretty nerve-wracking for many employees. For employees who are content with their employer but want to make more money in their current role, asking for a raise may seem like an intimidating process with the risk of rejection on the line. Talking about money in personal or professional relationships is still viewed … Read more

Review of RealtyMogul – How to Start Investing in Commercial Real Estate

by Hank Coleman

Are you looking to diversify your investment portfolio? Have you wanted to invest in real estate, but you don’t know where or how to start? Then RealtyMogul might be the site for you. RealtyMogul is an online platform designed to give investors direct access to commercial real estate investments, allowing them to diversify their portfolios and generate strong returns on capital. With RealtyMogul’s user-friendly website and comprehensive resources, you can invest in real estate with confidence, knowing that there’s a dedicated team working hard every day to bring you high-quality deals across the country. With RealtyMogul, you can invest in commercial real estate deals that are vetted by a team of experts. You’ll have access to high-quality properties and the … Read more