It’s really difficult to sift through all the gimmicky “free credit report” offers you find on the internet — most of which invariably turn out to cost you dearly. However, AnnualCreditReport.com is the official site for truly safe and free credit reports. This site is jointly owned by the three big credit bureaus (Experian, Equifax…
Quick Tips: Roth-IRAs for Children
This ‘quick tip’ is probably only applicable to about 1% of our readers right now, but if you’re like me then hopefully this will strike you as such amazing information that you’ll store it away somewhere and think about it when you have a child who is about 13 years-old: Anyone who has ‘earned income’…
Quick Tips: Tax Credits and Tax Deductions Explained
One of the most fundamental items you need to know to have even a basic understanding of taxation is the difference between a tax credit and a tax deduction. You’ll hear these two items discussed quite frequently, but we’re struck by how often people mix them up or use them interchangeably when they are dramatically…
Quick Tips: What is an ETF?
One of the most talked about financial investment products today is the ETF, but most people really have no clue what these are or if they are beneficial to them as an average investor. An ETF is an ‘exchange traded fund’, but the full name really is an ‘exchange traded mutual fund.’ So in most…
Quick Tips: Prepaid Legal Benefits Plan
This is the first in our series of “quick tips” posts that intend to provide some short bits of at-a-glance wisdom on various aspects of your financial life: If you have kids or are expecting your first in the near future, you imminently need to see a lawyer to have a will and trust agreement…