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Yielding Wealth | Personal Finance

Archive for the ‘Money advice’ Category

July 21st, 2008

Americans Turn to Retirement Accounts for Income

One of the features of retirements accounts is that you have the ability to borrow against them. And, increasingly, Americans are turning to their 401k retirement accounts for money. Emergencies like job loss, unexpected medical problems and other economic troubles are causing Americans to consider taking money from their retirement accounts in order to smooth […]

By miranda -- 0 comments

July 21st, 2008

Ask the Piggy Bank: Saving Money on College Costs

As the new school year approaches, many people turn their thoughts toward school costs. And this includes college costs.
Here is a question I received from a reader about college costs:
My oldest daughter will be starting college in three years. What can we do now to prepare for saving money on college costs?
First of all, kudos […]

By miranda -- 4 comments

July 18th, 2008

Friday Fun Video: Donald Trump Teaches You How to Get Rich

Frank Caliendo of Frank TV offers this parody of Donald Trump offering a financial seminar. Great stuff.

Happy Friday!
Tags: Donald Trump, financial seminar, Frank Caliendo, Frank TV, get rich, happy friday, yielding wealthShare This

By miranda -- 0 comments

July 17th, 2008

Paying the Bills: My Single Step Personal Finance Challenge

On Monday, Mrs. Micah issued this personal finance challenge:
Find one step you can take to make your financial system better or more organized.
Everyone has a personal finance system — even if you don’t think you have. Think about how you handle your income and your expenses, how you pay your bills, how you keep […]

By miranda -- 5 comments

July 16th, 2008

5 Ways to Increase Your Savings

This is a guest post by Heather Johnson.
The recent economic downturn has come about due to many different factors.  Instead of pointing fingers at the different causes, it’s time to get serious about your savings.  It really does seem that as each day goes by and the gas prices continue to […]

By miranda -- 3 comments

July 14th, 2008

Your Purchases Can Affect Your Credit Score, Too

While the FICO score is still used by many mortgage lenders to determine how “credit worthy” you are, many other companies, banks and creditors are coming up with increasingly complex methods of determining a score (although not *the* score) that indicates your credit worthiness. And often, these scoring methods are proprietary.
One of the most alarming […]

By miranda -- 5 comments

July 10th, 2008

Buying a Car? 5 Things You Shouldn’t Tell the Salesperson

Buying a car is a process fraught with pitfalls. Say the wrong thing, and the salesperson can see how to corner your, and get you to pay a little bit more. Or a lot more.
If you want to get a better deal when buying a car, here are 5 things to avoid telling the salesperson […]

By miranda -- 7 comments

July 9th, 2008

Have You Made a Home Inventory?

One of the things covered in most homeowner’s and renter’s insurance policies is damage to property. You can be reimbursed (check you policy for amounts and restrictions, etc.) for items lost in an event that is covered by your insurance.
But you have to know what’s in there.
I was reminded recently of the importance of the […]

By miranda -- 0 comments

July 3rd, 2008

Do You Have Disability Insurance?

Yesterday, I wrote about the importance of having life insurance. And, probably, many of us have life insurance. But how many of us have thought about disability insurance?
I have from time to time, but I haven’t got it yet. However, I’m beginning to think that it might be a good idea. What if I get […]

By miranda -- 0 comments

July 2nd, 2008

The Importance of Life Insurance

When engaging in financial planning, it is important to remember the life insurance. And, the earlier you get it, the less expensive it is. So, if you are young — and even if you are unmarried — it might not be a bad idea to get some life insurance now. Unless you don’t ever plan […]

By miranda -- 0 comments

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