There are No Money Rules

I abhor when personal finance bloggers and authors create “unbreakable” rules when it comes to finances.  To be blunt, I think most of them are simply bullshit.  I think a lot of them are made to be “unbreakable” because the author thinks the reader is too stupid to understand there are gray areas in personalContinue Reading

What is a Stand-Alone Living Benefit? Guaranteed Income Without an Annuity?

I was intrigued when I came across a product called a Stand-Alone Living Benefit (SALBs) which promises lifetime income without having to actually buy a fixed or variable annuity.  It is often said that necessity is the mother all invention and so with more and more baby boomers changing their strategy from accumulating assets toContinue Reading

The Relationship Between Cost And Efficiency

Does Efficiency Always Save Money? A general consensus would most likely agree that efficiency is cost-effective, in a good way. There are a plethora of products and services marketed who use their efficiency as a selling point, so why would we assume an opposing statement? Contrary to popular belief, efficiency can cause the complete oppositeContinue Reading

Factors in Considering Where to Live and Work

Are you a recent college graduate?  If so, you will hopefully field several different job offers, many of which are in different parts of the country.  Before you accept a job, consider carefully the cost of living in the area you are thinking of moving to and how it will impact your finances. While aContinue Reading

What is SIPC? Stanford Case Set to Challenge What is Eligible

Anyone with some type of broker account has seen the term, “Insured by SIPC” but what does that mean? Is it like your bank account being FDIC Insured? In short, No.  The “I” in SIPC is often confused for insurance, but it actually stands for Investor. The Securities Investor Protection Corporation otherwise known as SIPCContinue Reading

6 Ways to Give Your Finances a Spring Cleaning This Year

You may have a house spring cleaning regimen in place to clear out the cobwebs in your home and ready it for summer. But have you ever thought of applying this concept to your finances? Spring cleaning your finances each year will give you a similar “clean” feeling, as well as netting some pretty significant savings.Continue Reading