Investing Archives

Should You Invest in Fidelity’s No-Fee Index Fund?

There are so many different investment choices out there nowadays. Having to pick just a couple of accounts to meet your investment income and retirement planning goals can seem like a daunting decision. However, you can’t go wrong with low-cost, reputable investment companies, especially when it comes to index products like ETFs or index funds like the new Fidelity zero-fee index funds. If you want to follow Warren Buffett’s advice about index funds being the best types of investments, then Fidelity’s newest zero-fee index funds are the way to go. The Fidelity Zero Total Market Index Fund and Fidelity Zero International Index Fund do not charge any management fees for investors, no matter how little or how much they invest … Read more

Review of Clarity Money App – Get Clear on You’re Spending Money

by Hank Coleman

One of the most important factors in personal financial management is transparency. But, many people believe financial products and services are anything but transparent. That’s why Clarity Money was founded, in order to develop truly transparent solutions to wasteful spending, limited savings, and complex budgeting practices. Through the power of artificial intelligence, Clarity Money incorporates natural language processing, anomaly detection, and spectral analysis to help its over 1.5 million users save money. Even if you already know all the basics of budgeting, you might be overlooking minor areas for monetary savings that Clarity Money’s algorithm is designed to pinpoint and eliminate. Here are a few reasons why you might want to download this free app. Clarity Money App Review Get Your … Read more

OppsLoan Review – Personal Loans that Are an Alternative to Payday Loans

by Hank Coleman

When you’re in a pinch and desperately need money, where do you look for cash? If you’re like a majority of Americans, you might not have even $1,000 set aside in an emergency savings fund, which means you’ll need to borrow that money from somewhere. In some cases, people turn to family members or credit cards to help them out, but if you’re running out of options, then a quick loan might be the only option you have. Unfortunately, the quickest, most accessible borrowing method comes in the form of payday loans, which have an average 400% interest rate, plus fees. This means you could end up paying $15-30 for every $100 you borrow. That is an outrageous amount of interest … Read more

4 Financial Lessons We Can Learn from Professional Athletes

by Hank Coleman

Many of us aspired to become professional athletes when we were younger, then the reality sunk in that only a very elite few make it to the big leagues. The rest of us went off to college or trade school to pursue more “traditional” careers instead. There are a lot of financial lessons that we all can learn from today. As a fellow sports fan, you have probably dreamed of the wealth and fame that many professional athletes enjoy, but you might not have considered the fact that they’re prone to financial problems just as much as the rest of us! We might not be in the same league as these players when it comes to athletic ability and incomes, … Read more

Blooom Review – A Robo Advisor to Manage Your 401k Plans Easier

by Hank Coleman

Note –This post may contain affiliate links or links from our sponsors. All opinions are my own. If your company provides a 401k plan for its employees, are you getting the best returns possible on your 401k? The upside to 401k retirement planning is that you have some level of flexibility when it comes to deciding who will manage your investments until you’re ready to retire. Unfortunately, many experienced investment advisors are too expensive for everyday folks who just want to maximize their savings so they can retire by 65 or earlier. For this reason, the founders of Blooom started their company to offer affordable 401k planning services to the 99% (according to their website). With Blooom, you don’t need … Read more

What It’s Like Being Dave Ramsey’s Daughter – Our Interview with Rachel Cruze

by Hank Coleman

Recently, Lacey Langford and I were able to interview Rachel Cruze live from #fincon18 in Orlando, Florida. We talked about family money lessons every parent should know and what it was like growing up as Dave Ramsey’s daughter. Below are just a few highlights from our interview. Our questions are in Dark Bold, and Rachel’s responses are immediately below them. For more about Rachel and the complete interview, be sure to check out the MilMoney Movement Podcast on Apple Podcast, Google Play, and everywhere else under the sun you can listen to podcasts. Rachel Cruze on Growing Up as Dave Ramsey’s Daughter You were raised in a very responsible money management family. What is the favorite money lesson that you … Read more