by Don Gayhardt | Dec 15, 2016 | Finance, Investment, Money Management, Saving, Stocks
One of the most important investment vehicles for personal finance remains the mutual fund. Through mutual funds, individuals can take advantage of the diversification possible with a much larger body of money, which makes it popular as a personal investment and as a...
by Don Gayhardt | Dec 13, 2016 | Debt, Education, Finance, Investment, Money Management, Saving, Spending
When people graduate from college, they typically have little experience managing their personal finances. While some schools do offer financial literacy classes, these courses are generally not required, and many students have no access this type of resource. After...
by Don Gayhardt | Dec 8, 2016 | Investment, Retirement, Saving, Stocks
Two of the most popular investment vehicles for novices are stocks and bonds. In addition, many retirement savings plans are built on a combination of these. Understanding the differences between these two vehicles, including their potential for future growth and the...
by Don Gayhardt | Dec 6, 2016 | Finance, Investment, Money Management, Spending
The decision whether to rent or purchase a home is complicated and deserves a lot of careful consideration. Once someone decides to purchase a home, the questions only become more difficult when the need for a mortgage arises. Very few people can afford to purchase a...
by Don Gayhardt | Dec 1, 2016 | Finance, Investment, Money Management, Saving
Big purchases require a great deal of planning, both in terms of saving and finding the best deal. When a purchase is very expensive, it is natural for people to want to ensure that they are not wasting their money. However, even creating a savings plan can be...
by Don Gayhardt | Nov 29, 2016 | Education, Finance, Investment, Money Management, Spending
Perhaps the biggest financial stress when it comes to raising children is saving for college. However, long before parents send their children off to higher education, they need to instill in them a sense of financial responsibility. Many parents struggle to find...
by Don Gayhardt | Nov 23, 2016 | Debt, Finance, Money Management, Spending
Despite our best financial planning and efforts to reduce spending, sometimes the unexpected arises and places us in a difficult financial situation. The fear of not being able to pay your bills is unfortunately one that many people in the United States and around the...
by Don Gayhardt | Nov 16, 2016 | Debt, Money Management, Spending
One of the most stressful tasks that parents face is saving money for college for their children. With the cost of higher education continually increasing, parents can quickly feel overwhelmed by the numbers. To make matters even worse, a number of different savings...
by Don Gayhardt | Nov 9, 2016 | Finance, Investment, Money Management, Retirement
In the decades leading up to retirement, an incredible amount of planning is needed to ensure your financial stability during your golden years. People have different goals for their retirement, and the amount of money needed depends on these aims, whether they...
by Don Gayhardt | Oct 26, 2016 | Debt, Finance, Investment, Money Management, Spending
Personal finance tips come from a wide variety of sources. We may get tips from our family, friends, and coworkers, or even from finance professionals. However, not all advice should be considered quality guidance and, in fact, many of the most common tips circulating...
