Share:
Confidence ~ Clarity ~ Sound Decisions

(201) 572-2177

  • Follow:

Blog

5 Resolutions for Managing Money

5 Resolutions for Managing Money

Do you want to feel as if you’ve lost 10 pounds? Get your financial life in order. Here are five easy-to-make and easy-to-keep New Year’s resolutions for protecting your wallet. 1 | START GOAL-SPECIFIC PLANS Think about what you want…

Car Insurance Rates and Your Credit Score

Car Insurance Rates and Your Credit Score

Q. I was told that your credit score influences your car insurance rate. Is that true? — Driver  A. It is indeed true that your credit score will impact your car insurance rates, but not in the direct way you…

Credit Score and a Credit Card Cancellation

Credit Score and a Credit Card Cancellation

Q. We have had a certain credit card for more than 20 years. We don’t use its benefits anymore and we have one recurring bill charged to it each month. Our September payment was posted six days late — eight…

How to Conquer Overspending

How to Conquer Overspending

Q.  I overspend. It’s simple. Each month I run out of money and then end up using my credit cards. I know I have to make changes. Can you give me some tips? I’ve tried using a budget but my…

Mom is Lost Financially after Dad Died

Mom is Lost Financially after Dad Died

Q. After my father died, my mother was lost financially. It’s been almost a year. She had means, but she had no idea where the money was or how to manage it. She doesn’t want to learn, but I would…

Creative Financing for a Shore House?

Creative Financing for a Shore House?

Q. My sister had a family vacation at the beach and she now wants us to go partners on a shore house. I don’t think I can afford it but I love the idea. Are there creative ways to finance…

Co-signing Mortgage for Divorcing Daughter

Co-signing Mortgage for Divorcing Daughter

Q. My daughter is in the process of a divorce. For the sake of her three school-aged children, she would like to remain in her house, but the soon-to-be ex wants his name off the mortgage. She has asked my…

Dangers of Taking a 401(k) Loan

Dangers of Taking a 401(k) Loan

Q. I took a loan against my 401(k) last year. What happens if I leave my job before it is paid back in full? — Borrower  A. Loans from your 401(k) may have seemed like a smart idea, but if…

Financial Independence for College Kid

Financial Independence for College Kid

  Q. My daughter will start college next year. What the easiest way to manage her cash? Should we have a shared bank account, or is there a better way? My credit isn’t very good and I don’t want to…

Choosing a traditional or Roth IRA

Choosing a traditional or Roth IRA

Q. I have a 401(k) and I got a raise, so I want to start an IRA. How do I choose between a Roth and a traditional one? I’m 46 years old. — Higher-paid guy  A. Congratulations on the raise…