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Featured Newsletter

Friday Hits: Paying off My Cabin, No Longer Trying to Save

Year 2 of My Cabin Payoff Journey “And while we’re not going up as often as we once did, the expenses don’t stop. We dropped $1,900 in January on gravel and road work up at the cabin. That’s in addition to the $3,857.21 we paid towards the mortgage that month.”   Focus on the Present “For […]

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Investing

I Used Sweatcoin for 30 Days: Is it a Scam? [A 2019 Review]

When I first heard about the Sweatcoin, I thought it sounded like a scam. The app rewards you for walking. You earn points in the form of digital currency (“Sweatcoins”) for every step you take. You can redeem these Sweatcoins for real-life rewards. I used Sweatcoin for a month to try and rack up some […]

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Featured Newsletter

Thursday Hits: Retirement or College Fund & Going to Extreme Lengths to Avoid the Baggage Fee

Should You Start a College Fund or Focus On Your Own Retirement? “So if you’re presently confronted with the decision to regularly put money into your children’s college savings account or max out your retirement savings accounts, which one should you prioritize?”   Traveler Wears 9Lbs of Clothing to Evade $85 Baggage Fee “A 30-year-old […]

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Featured

Wednesday Hits: Lessons for Losing Money on a Home; Easier to Retire at 35?

10 Lessons I Learned Losing Money on My First Home “Losing $10,000 wasn’t exactly what we had in mind for our first home, but to be honest, we were pretty fortunate. The market had tanked during the 3 years that we lived there, and many of our neighbors were in worse situations.”   I Quit, […]

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Real Estate

Buyer Beware: Rapidly Rising Condo Association Fees

Condos are riding a wave of popularity, driven by millennials snatching up their first home and baby boomers looking to downsize. However, before you commit to buying a condo, make sure you factor in hefty condo association fees. Condo association fees account for a noticeable portion of housing expenses. More worrisome, they’ve been rapidly rising […]

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Featured

Tuesday Hits: Are You Overlooking REITs?

How I Made $39,000 on Wheel of Fortune “Yes, I am one of those lucky few who have won some extra spending money on a game show.  In my case, that show was Wheel of Fortune.”   Are You Overlooking REITs? Why They Deserve a Spot in Your Portfolio “Despite surging 16% in 2019 while the […]

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Real Estate

Investing in Condos to Rent Out is a Terrible Idea

Thinking about investing in a condo to rent out for cash flow? We don’t want to rain on your parade, but it’s probably a really bad idea. Joe, an investor from New York, was forced to sell after he relocated for work and his HOA wouldn’t let him rent out his unit. His story is […]

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Retirement

Retirement Blogs for Baby Boomers [2019 Edition]

Rather than approaching retirement as the end of one chapter, think of it as the beginning of another.  You have every reason to celebrate after decades of working a 9 to 5, but even happy transitions can be challenging at first. We rounded up blogs that help baby boomers find fulfillment in retirement. Some blogs […]

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Newsletter

Monday Hits: Living on $1,500 in NYC & IRS Audits

Today’s Features My Taxes Are a Little Creative, What Are the Chances of Being Audited? “Now that I’ve raised your heart rate, allow me to lower it again. You will almost certainly never be audited. Approximately 245,000,000 people file income taxes in America every year. In 2017, the IRS audited about 0.5% of them. That’s […]

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Rockstar Content

Are You Overlooking REITS? Why Every Portfolio Needs this Asset in 2019

Despite surging 16% in 2019, REITs are not very well understood by the average investor. That’s a shame because they can be great investments. Legendary money manager David Swensen puts 20% of Yale’s $30 billion endowment into real estate.  In Four Pillars of Investing, William Bernstein recommends allocating 15% of your portfolio to REITs. REITs […]