Yearly Archives: 2011

How Does a Balance Transfer Work?

A balance transfer credit card can be a tricky proposition, and if you aren’t familiar with the process, it can cost you money. It’s not complicated to transfer a balance from one credit card to another; a 0% balance transfer can even save you much, but there are issues you should be aware of before

Understanding Losses In Your Portfolio

Understanding Losses In Your Portfolio

I don’t think most individuals really understand what happens when their investments take a hit and lose value.  I was reading a great article about using protective puts and covered calls with index funds to provide for hedging and while the article was very interesting (and something I am going to look into and write

Weekly Links – Easter Edition 2011

Every Sunday I take a moment to thank those bloggers who linked to me because they really liked my article or found it good enough to highlight it in a blog carnival: GreenPandaTreehouse and TheFinancialBlogger both liked my post on the Portability of Credit Shelter Amount LazyManandMoney liked my post about my First Experience with

Are Tax Free Savings Accounts Worth It?

Article written by UK based Writer.  This article is definitely for the UK based readers of My Journey to Millions, but I think it’s important to gain a different perspective of the account options available elsewhere. In the US the equivalent of an ISA is an IRA – Individual Retirement Account, so there is some

The Very First Step When Eliminating Debt

The Very First Step When Eliminating Debt

This past weekend, I was involved in two separate conversations regarding debt repayment.  Interestingly both conversations concerned married couples that despite varied lengths of marriage had failed the first step when it came to destroying debt.   The very first step in getting rid of debt is actually knowing exactly how much you owe to creditors.

What is Portability in Estate Planning?

What is Portability in Estate Planning?

There were a lot of tax law changes (as well as a lot of things that were kept the exact same) when President Obama signed into law the Unemployment Insurance Reauthorization and Job Creation of Act of 2011, but there was one change that simply put, shocked me.  It was the brand new idea that