Savings and Debt Management

The new investors guide to building wealth is a collection of articles, resources, and tools to help you build your nest egg, generate income, and grow richer through the power of compounding.

Should you pay off your debt or invest? Make extra mortgage payments or contribute to your 401(k)? These questions are just some of the more common ones that new investors need to decide for themselves. In this debt and investing special, we can point you to some great articles that may make the journey easier.

The source of your income matters a great deal because some sources result in far higher after-tax proceeds due to tax laws in the United States and your individual state.

You cannot become a slave to saving and investing. Instead, you need to focus on how your saving and investing can help you live the life of your dreams.

There are several ways to raise cash during a crisis. This article can help you discover some of those ways by detailing options that are available to the average person including 401k hardship loans, lines of credit secured by securities, and more.

One of the least understood secrets behind the success of Berkshire Hathaway and its rise from an $8 stock in the 1960’s to more than $118,000 per share today, is that Buffett focuses on two value “buckets” as he put it in a recent shareholder letter. The first bucket consists of the operating businesses in which the company holds a controlling stake and the second of marketable securities such as stocks, bonds, mutual funds, et cetera, most of which are held through the insurance subsidiaries.

It has been said that making the first $100,000 is the hardest and most difficult part of building your wealth. The truth is, that a few secrets can help making the first one hundred thousand dollars far easier and less stressful. Let us show you some things that might help.

Compound interest, or compounding as it is sometimes called, is the process of earning interest on your interest. The nature of all investments is that they generate cash upon which you can live or they compound by you reinvesting your earnings, resulting in the compound interest cycle beginning. Let us show you some of the ways that you can help, or hurt, your compounded rate of return so you …

How much money does it take to be rich? That is the question posed to a group of financial planners from a recent CNN Money resource. Most seemed to believe that it took between $2 million and $12 million to be rich and there reasons were compelling.

Should the average person pay off their mortgage and debt or should they begin investing and saving more? Which is the wiser course of action in your opinion? Tell everyone your opinion and why you believe it.

There are four things that helped me begin making money early in my career. By following them, I hope that they can aid you in your own quest to become financially successful and make money for your family.

If you have an emergency fund, you may want to know some of the places that are commonly used to keep emergency funds safe. This list of potential places to park your emergency fund money talks about some of the pros and cons of each method and should help you understand a few of your available options.

If you have already saved money for your emergency fund, you may be wondering what types of investments are good for your emergency fund. Some popular choices include money market accounts, high yield savings accounts, and certificates of deposit. This article explains a handful of the most common places people park their emergency fund money...

An emergency fund is an amount of money set aside that can be quickly and easily accessed when one of life's curveballs gets thrown your way. The key consideration for saving money for an emergency fund is safety of principal. This is the money with which you cannot afford to take risk. The goal is to provide a safety backstop to help tide...

Have you ever wondered how much money you should keep in an emergency fund? That is a fairly popular question! In this overview of emergency funds, I explain how much money you might want to keep in an emergency fund and the reasons behind my suggestions. You must remember that everyone's situation is unique so you should consult with your...

If you have a home equity line, do you still need an emergency fund? That question seems to get asked from time to time so here are some thoughts.

When is it right to break into your nest egg and spend emergency fund money? What constitutes an emergency? These are important questions when it comes to protecting your financial foundation.

This quick guide can help you figure out how long it will take for you to save $1 million based upon your age and the total amount of time you can keep your capital parked in good investments.

One way to begin putting more money aside into your investment portfolio is to cut your expenses by 10%. That may sound overly simplistic but sometimes the best advice is the plainest.