Personal Finance

Personal Finance Articles

24/7 Insights It would help to have a set financial plan before you turn 40. At the very least, you should have retirement accounts established.  Make sure you always have an emergency fund...
24/7 Insights This Redditor is set to make $11 million from the sale of their business.  There is a question of whether a robo-advisor or wealth manager is better.  We are missing some info on what...
24/7 Insights There is no one-size-fits-all method of managing finances for married couples. Combining finances is a sign of trust and can help strengthen a marriage. Learn more about taking charge...
24/7 Insights There are a few financial conversations you need to have before turning 50.  It’s important to have a plan for all kinds of eventualities.  Making plans about end-of-life is among...
24/7 Insights Hiring a financial advisor can be expensive, and its not for everybody If you have enough money to afford a financial advisor, then your only goal would be to make more money, as your...
24/7 Insights Are financial advisors worth an annual percentage?  This Redditor is unsure if he should keep paying the equivalent of a new car every year.  There are some benefits to having a...
In another episode of, “Why are Rich People So Weird,” we explore why rich people love to humble-brag so much. We have a Reddit post from the subreddit “r/fatFIRE,” (wealth and financial...
This post is coming from the subreddit r/fatFire (Retire with a fat stash). The title is: “At $10M NW, should we use a fee-only financial advisor, a robo-advisor, or manage ourselves? How did you...
24/7 Insights This Redditor is considering making home improvements to their starter home.  She and her husband recently paid off outstanding credit card debt.  There is a question about using...
24/7 Insights This Redditor recently hit their own magic net worth number.  The question here is whether or not to hire a financial planner.  There is also some fear over the wife leaving a...
24/7 Insights It’s okay to admit you need help managing your money.  Sometimes, outside help is exactly what you need to cut expenses.  It’s okay if you’re in over your head, you can get out....
24/7 Insights This Redditor’s company just got acquired, which means a pay raise.  The outstanding question is whether he needs a financial planner.  He has a net worth of around $800,000 and...
On my daily coffee-and-Reddit-scroll session, I came across a post from eight months ago under the r/personal finance subreddit. It’s entitled, Home Equity Loan to Pay Off CC Debt??? The OP...
24/7 Insights This Redditor is considering taking out a line of equity against their property.  They want to take the equity balance and invest in the market.  Ultimately, the question is whether...
24/7 Insights In this case, the couple just inherited a $7 million estate.  The husband wants to retire, while the wife wants to focus on some projects she’s been putting off.  They have no...