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.

USAA ETF Review – USAA Launches Its First Electronic Traded Funds (ETFs)

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When you’re trying to diversify your investment portfolio, it’s important to go beyond the usual options of stocks or bonds and consider new investment opportunities. There are many advantages to diversifying your portfolio. You’ll have lower risk thresholds, greater returns on investments, and potentially lower fees. What you invest in is just as important as who you invest with. A fund manager or investment platform with a poor history of returns could spell disaster for your portfolio. On the other hand, a successful company, platform, or organization could be tremendously helpful when it comes to getting the best returns on your investments. USAA-made ETFs are prime examples of new and promising investment options. The United Services Automobile Association offered one … Read more

5 Home Renovation Projects that Have the Worst Return on Investment

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Not all home improvement projects come with a high return on your investments. In fact, some home renovations can be downright disastrous for your budget and home value if you don’t do some careful research in advance to avoid throwing your money down the drain. It’s all about home-buying trends and preferences of potential buyers in your area. While “smart” appliances and home security upgrades are currently popular, you might be surprised to learn that luxurious additions to your home or backyard might actually hurt your home’s resale value! Why? Because buyers increasingly want low-maintenance homes for affordable prices, rather than flashy décor and immaculate landscaping that will require tons of time, effort, and money to maintain.  No matter what … Read more

Stockpile Review – Stockpile Is an Easy Way to Start Investing in Stocks

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What Is A Stock Split?

One of the biggest barriers people face when they want to get started in investing is the perception that they don’t have enough money to set aside in an investment portfolio. If you’re in a similar situation, then low-cost investment options are the perfect solution to help you build interest-accruing savings with minimal upfront monetary requirements. Take Stockpile, for instance, which allows investors to get started with as little as $5. Many of us can afford to invest $5-10 per month, though a platform as easy-to-use as Stockpile, you might find yourself investing more. To learn more about how Stockpile works and whether or not it’s a good fit for your financial situation, check out what Stockpile has to offer: … Read more

Top 4 Investments Every New Parent Should Make

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When you’re preparing to have a baby, long-term considerations like paying for college tuition seem relatively unimportant compared to more immediate concerns. Instead, you’re likely thinking about nursery room furniture, diapers, formula, and childcare. However, the earlier you begin saving for the future, the better off your child will be in their teens and twenties. Here are investments new parents should make… Top 4 Investments New Parent Should Make 529 College Savings Plan There are two types of 529 plans, prepaid tuition plans and savings plans. Prepaid tuition plans apply to one “qualified educational institution,” like accredited or nonprofit universities. Savings plans are typically applied to any college your child wishes to attend. Each state has its own 529 college plan, … Read more

How to Save Money by Quitting Your Vices – Alcohol, Cigarettes, Gambling

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How to Save Money by Quitting Your Vices

When you’re in the midst of budgeting, you might hit a point where you think there’s nothing left to trim from your budget. However, this plateau usually happens because we’re unwilling to compromise on our favorite vices or make genuine progress towards quitting our addictions, such as smoking, caffeine or even technology. How to Save Money by Quitting Your Vices If you’re ready to make some real progress with your financial goals, then here are some strategies for saving hundreds (or thousands) of dollars per year by quitting these vices. Alcohol We now live in an era when you can get booze delivered to your home within an hour or subscription boxes of craft beer and wine from around the … Read more

5 Things About Deducting Health-Related Expenses If You’re Self-Employed

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Health insurance and medical expenses are complicated. Having to navigate your own taxes, deducting health expenses, and own health insurance premiums without much external help can be a nightmare if you’re disorganized. Fortunately, the IRS offers many advantages for self-employed folks when it comes to paying for your own health policies instead of having an employer subsidize these expenses for you. While the federal government is currently debating how to overhaul both the U.S. tax code and health insurance legalities, here are the most recent guidelines on deducting health expenses for self-employed individuals. Deducting Health Expenses  Who Qualifies for the Health Insurance Premium Deduction?  Thanks to the Small Business Jobs Act, self-employed individuals could be eligible for a tax deduction … Read more