You Can Borrow Money for College, but Not for Retirement

April 16, 2015 12:00 am

Last year my closest friends and family happily welcomed three healthy baby boys.  With that came a slew of financial questions that needed answering, the most common of which was pertaining to college savings accounts.

With the rising costs of c…

Should I save in my Roth IRA or 401k?

April 13, 2015 12:00 am

The decision to invest in a 401k or a Roth IRA can be challenging.  After all, both options have significant tax benefits. However, when you get to experience the benefits usually occurs at different times in the investor’s life.  The 4…

Annual 401k Match: Whoever Heard of Such a Thing?

March 2, 2015 12:00 am

A few weeks ago a friend and I were talking about retirement and our 401k plans. His company had recently changed their retirement plan and he’s been reviewing the paperwork for his new 401k.

As he read through his new employee handbook, it seem…

Financial Factors to Consider when Buying a Home

February 17, 2015 12:00 am

I think most will agree that the top consideration in buying a home is location, and that is true for a number of reasons.  Everyone wants to live in a desirable area suitable to their way of living.  For some the location may be conveniently…

Your FICO credit score: What is it and How Do I Improve It?

January 19, 2015 12:00 am

Right after our Shred-it event last March, I wrote a blog about cleaning up your personal finances. One of the items I listed was checking your credit report once a year. This time I would like to explain in more detail your FICO credit score and how i…

Are You Underpaid? Is It Your Fault?

November 21, 2014 12:00 am

What would you say if I told you that many Americans are under paid?
You’d probably shake your head yes, and then daydream about how you can get your boss to give you a raise.

Now what would you say if I told you that many Americans are not rece…

Do-it-Yourself Retirement Planning: When to Enlist a Professional

September 19, 2014 12:00 am

My wife and I bought our first home last year. As serial renters for the last 15+ years, we vastly underestimated the amount of time and energy that go into home ownership. As many of you probably experienced when you purchased your first home, my wife…