Craig

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So far Craig has created 11 blog entries.

Why You Need An Emergency Fund To Save For The Rainy Days

Today’s hard financial reality can change your life in the blink of an eye. Financial crisis can hit on your door in all shapes and sizes taking the form of a job loss, home or car repair, or huge medical bills. Some people choose to liquidate their 401k plan or to borrow from their credit card. However, there is a more effective way to save for the rainy days: setting money aside in an emergency fund. Why is an emergency fund important? Most Americans borrow from their IRA accounts or withdraw money from their 401k funds to handle their financial emergencies. Although [...]

By | 2016-08-11T10:16:35+00:00 August 11th, 2016|Qualified/Retirement|0 Comments

5 Surefire Ways You Can Better Manage Your Debt, Today

Accumulating debt can put enormous strain on you and your family. The bills are piling up, and you cannot afford to pay a dime. Even if you don’t realize the real problem, or you don’t foresee the rainy days, you need to take action now and begin to actively manage your debt.  Best to do it now before your debt accumulates to the point of declaring bankruptcy. Here are some useful tips on how you can better manage your debt, today. Set priorities Your debt may comprise of mortgages, credit cards, personal loans, and so on. Make sure to set priorities on what [...]

By | 2017-02-11T21:47:45+00:00 August 4th, 2016|Debt|1 Comment

Peer to peer lending – A good alternative investment

As a reader of this blog, I’m betting you and I have a similar approach to wealth and investing - Putting money into diverse investments over time, building our financial reserves, and carefully balancing risk and reward. That means you’ve run into the same problem as me - In a 0% interest environment, where exactly do we put our money? I’ve been investigating peer-to-peer lending (P2PL), and I believe it’s an alternative investment that we can seriously consider. Before I get into the details of P2PL, let’s explore why many other investments just aren’t working right now. The stock market - Since [...]

By | 2016-11-07T21:08:34+00:00 June 8th, 2016|Investments|1 Comment

More Companies Offering to Assist Employees with Student Loan Debt

For a long time, it felt like there was no end in sight with the student loan debt crisis. The crippling $1.3 trillion in education that did not meet the financial expectations of a good paying job is a recurring migraine for many Americans. Student loan debt as high as $130,000 is no longer unheard of. But there could be some relief on the horizon for this crippling debt. Many students halt their 401k payments to pay off debt, which is an unconventional but popular idea if you follow personal financial plans like Dave Ramsey’s 7 Baby Steps model. But what if [...]

By | 2016-05-11T18:44:00+00:00 June 1st, 2016|Debt|0 Comments

4 of the Best Investments Money can Buy (and no, they’re not stocks!)

Whenever you talk about investments with your friends, one subject inevitably comes up. Stocks. Americans are obsessed with stocks. CNBC and Fox Business play in bars and doctor’s offices, and not just because of the attractive anchors. Warren Buffett, the greatest stock market guru the world has ever known, is practically a god. 40,000 people go to Omaha each year to hear him talk about stocks. Imagine how many would go if it was actually someplace interesting. The obsession with stocks is a long and complicated one, but it really boils down to one big thing. Americans love stocks because they want [...]

By | 2016-05-11T18:39:54+00:00 May 29th, 2016|Investments|0 Comments