The post How to Pay Your Mortgage Off Early appeared first on Dividend Power. You did it! You bought your first home. But as you sign the closing documents and see what your home is costing you, the euphoria of your purchase may dampen, and sticker shock settle in. It’s a bit overwhelming seeing all the interest you will be paying in black and white print. Like most people, you now ask yourself, how do […]
Updated February 2025. Do you have small business income or work as an independent contractor? Freelance, Uber/Lyft, DoorDash, Amazon, eBay, Etsy, Airbnb? A small business credit card separates your personal and business expenses and can build up your business credit profile. If you are not a corporation or LLC, you can apply as a sole proprietorship, with your name as the business name and your Social Security number as the Tax ID number. These are […]
Karin Capellan stood in her yard, arranging balloons for a company party — an event she hosted just to get promotional photos. She had no paying clients, no experience, and no idea if this could become something real. But a few weeks later, a father on Facebook Marketplace hired her for a birthday party — and just like that, she was in business. Her first rental? A $40 order for 20 chairs. Her first balloon […]
Tax planning in retirement isn’t just about minimizing what you owe—it’s about creating an efficient strategy to preserve your wealth and maximize your income. Many retirees assume their tax burden will decrease after they stop working. However, taxes on Social Security benefits, required minimum distributions (RMDs), and investment gains can add up quickly. Understanding tax liabilities and opportunities allows you to make informed financial decisions that keep more money in your pocket. Strategies for Reducing […]
Barry Ritholtz joined me on the show this week to discuss questions about timing market corrections with your savings account, how your portfolio should look heading into retirement, managing your parent’s financial plan and how to force yourself into splurging a little when you have more than enough money. Further Reading: How Much is a 3% Mortgage Worth? The post Should You Pay Off Your Mortgage Before Retirement…
Budget Methods to Help You Have a Debt-Free Life Tired of the paycheck-to-paycheck grind with nothing to show for it? These 7 budget strategies will help you take control, cut waste, and finally make your money work for you. Stick around to uncover budget hacks so good that even your bank account will do a happy dance! 1. The No-Budget Budget The correct budgeting method can help eliminate debt, make money, and live fabulously. One […]
This overview on how to pay your taxes with a credit card (to the IRS) has been updated for the 2025 tax season. Want to take a bit of the sting out of paying taxes? Good news. You can easily and quickly pay taxes with a credit card and simultaneously profit from doing so. I didn’t know this was possible until a few years ago and it definitely makes my “financial knowledge I wish I had known sooner” list. You do, however, have to pay attention to the details when paying your IRS taxes with a credit card. Otherwise, you The post How to Pay Taxes with a Credit Card (and Profit) in 2025 appeared first on 20somethingfinance.com.
🎙️ Episode #383 – I always talk about buying rental properties, but what about building them? Eric and I break down our latest project in… The post Why I’m Building Properties, NOT Buying (Build-to-Rent 101) appeared first on Coach Carson.
Reading Time: 3 Minutes It’s Fridayyyyyy! Hooray and Amen to that. Dunno bout you but I feel like I’ve been crawling my way to the finish line… it’s almost… here. And then I realize there’s no childcare on weekends. FML. Say what now? We have to look after our own kids on the weekend? Pish posh paddle wash. All seriousness though, cos today’s topic is fairly serious – there’s something serious afoot. Many of you […]
Becoming mortgage free is not just a practical goal to be sensibly evaluated as part of your wider investing strategy – although it is that for sure. There’s an emotional component to getting rid of your mortgage, too. And we shouldn’t ignore our emotions because they hugely influence our ability to stick to our plans. Feelings matter! Mortgages and make believe It’s always seemed to me that mortgages are deeply sentimental, in a way that other […]
When faced with overwhelming debt, it’s tempting to look for quick solutions—and your retirement savings might seem like an easy fix. After all, that money is sitting there, waiting for the future. But is it a good idea to use retirement savings to pay off debt? The answer isn’t straightforward. While it might provide temporary […] The post Should You Use Retirement Savings to Pay Off Debt? Pros, Cons, and Alternatives appeared first on CuraDebt.
Death is an inevitable part of life, but it’s often accompanied by questions about what happens to the debts we leave behind. Many people worry about whether their loved ones will be burdened by their financial obligations after they’re gone. The truth is, the fate of your debt depends on several factors, including the type […] The post What Happens To Your Debt When You Die? A Complete Guide appeared first on CuraDebt.
If you’re dealing with high-interest credit card debt, you may have heard about balance transfer credit cards as a potential solution. These cards allow you to transfer existing balances to a new card with a lower or even 0% introductory interest rate, giving you a chance to pay down debt faster. But are they the […] The post The Pros and Cons of Balance Transfer Credit Cards: What You Need to Know appeared first on […]