When you save money, you want to put it in a safe place, have easy access, and earn interest. You don’t want to stash your cash in pillowcases, under your bed, or in a shoebox. Managing your savings in interest-bearing … Read More
Nowadays, calling someone frugal is more of a virtue, like giving a badge of honor to that person. Being frugal or cheap is sometimes used interchangeably, but the terms have subtle differences. According to Merriam-Webster, frugal is characterized by or … Read More
Saving money is an excellent habit, using this money to pay bills, use for emergencies, large purchases, and to make investments. However, in a low interest-rate environment, it can be challenging to earn income in saving accounts, especially a money … Read More
We often can’t see our own mistakes through our rose-colored lenses. Instead, we can see errors more easily made by others when we are less emotional. The same happens when we find colorful characters in fiction who make blunders we … Read More
Is it easy to buy a home with bad credit? No, but it’s not impossible to do so. Before engaging in a search for a home, you should find and review your latest credit report and credit score. There is … Read More
My mom was hugely influential in teaching me my first money lessons and instilling good financial habits at an early age. The underpinnings of her knowledge and encouragement were invaluable and still are to this day. Coming from a prosperous … Read More
Each year I read Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders upon its release. For many reasons, I do so as a shareholder, an investor, a former equity analyst, and a professor. Teaching finance to college … Read More