How to start saving for retirement with less than $100 in a tax preferred retirement account.
Tesla Predictions
Some predictions about Tesla and other Elon Musk companies. #1 Tesla will acquire or merge with Elon Musk's promising start-ups We got a preview of this with Solar City. Personally, I was and still am a little skeptical of that acquisition - it felt a bit like a bailout. But, I think we got insight …
Your House Shopping Budget
How much house should you buy? This is a very different question from how much house can you buy. Pre-Approval Process Most serious house buying adventures begin with getting pre-approved for a mortgage so you know how much money the bank is willing to lend you. The mortgage broker or lender looks at your income …
Student Debt Hacks
These tricks work for any kind of debt but can be especially useful for student loans. If you have owned your house for a few years and it has appreciated, you may have a sizable amount of equity. Depending on the amount you owe on your student loan(s), the amortization schedule, interest rates, your income, …
Saving for College
Update 12/20/2017: Coverdells are being phased out by the tax overhaul and effectively replaced through enhancements to 529s. I am leaving the Coverdell ESA section intact for reference purposes. Updates in italics. 529 The 529 plan also offers tax-free growth and is the most widely used way to save for college and now private …