Note - I'm an affiliate of Tally. While all of the opinions are my own (like always), but I'll receive a small commission if you slick on a link and choose to sign up. These commissions help keep Money Q&A going. Wouldn’t it be great if there was a magical calculator that told you exactly how much you needed to pay towards what cards/loans in order to stretch your dollar furthest? Surprise: it already exists in the form of an automated debt management app called Tally. Commonly described as a “robo-advisor for credit card debt,” … [Read more...] about Tally Review – An Automated Debt Manager in a Smartphone App
Getting the best returns on your investments involves so much more than just buying and selling stocks at the right moment. Maximizing portfolio returns also demands closer attention to how you’re trading investments, such as getting the lowest possible price when purchasing stocks and selling while prices are still high. You can never fully predict which way the market might swing for your favorite industries and investments, but you can minimize your risk and maximize gains with limit orders. This unique trading strategy involves price … [Read more...] about What Are Limit Orders? And Why You Should Definitely Use Them to Trade Stocks
Although car rental costs vary widely, you can typically expect to pay between $50-$100 for a two-day rental. And, that's not to mention a $25-35 “young driver fee” for anyone between the ages of 21-24. Worse yet, you typically have to wait in a long line at the car rental office, fill out a bunch of paperwork, and wait for an employee to retrieve your rental vehicle, a process that can take more than an hour or two! Now, imagine if you could rent a car directly from your smartphone and for as little as $5 per hour. Your information would be … [Read more...] about Getaround Review – Get A Rental Car For Less
One of the most common pieces of financial advice given to 50 and 60-somethings is that you should wait until you’re at least 65-67 to take out Social Security. However, new research from the Journal of Aging Studies found that seniors who had filed for Social Security benefits early expressed remarkable satisfaction with their decisions to file early (about 45% of the focus group respondents had filed at age 62; the rest filed before Full Retirement Age at 65-66 years old). This new study contradicts everything you might have heard about … [Read more...] about Should You Take Social Security Early After All?
It’s no wonder home ownership is such a desirable attainment in the U.S. – there are too many benefits to owning your own home as opposed to leasing your primary residence from a landlord. For instance, tenants continuously pay rent, month after month, without ever seeing that money again. On the flip side, home ownership allows you to build equity – the value of what you truly own – over time, until you either sell the property (hopefully for a higher price than what you initially paid) or pay off your mortgage loan and own the property … [Read more...] about Review of the Figure Home Equity Line of Credit
Millions of Americans are reaching retirement age each year, yet a majority of them feel financially unequipped to handle the potential costliness of long-term care combined with a permanent loss of earned income. Some folks barely have anything saved for retirement by the time they reach their 50s and 60s, which means they’ll likely be working well into their 70s and possibly 80s to pay the bills. If you’re concerned about running out of money during retirement, then rest assured, you’re not alone. Many older Americans – retired and … [Read more...] about How to Return to the Workforce If You’re Running Out of Money During Retirement