Did you know that closing credit card accounts can actually lower your credit score? It is true read about it in this article from marketwatch. http://www.marketwatch.com/story/5-things-not-to-do-if-you-want-a-better-credit-score-2014-01-15?pagenumber=2

No  more than 30% of your take home pay each month should be devoted to your main housing expenses of mortgage and property tax payments. If you go way above this level you will not be able to save and invest. Many people think of their home as a great investment. Historically home appreciation is…

This post holiday period is a great time for many unsavory companies to pitch their products. While obesity is an epidemic in our country, there is no easy solution. Discipline about what you are eating and exerting yourself with exercise do not sell products. Many people want an easy answer to a complicated problem and…

This is an excerpt from Morgan Housel’s column at the Motley Fool. 1000 people in the their eighties and nineties were interviewed to give advice about money and other matters to the younger generations. Read this for some perspective. Personally I love dealing with money because it is like a big strategy game for me….

Pay attention to the one about your home being a great investment… I do not think so!!! http://www.bankrate.com/finance/savings/money-myths-1.aspx?ec_id=Tweet101

Simple answer use low cost index funds and the facts speak for themselves. From the N.Y. Times… In an article last year in Financial Analysts Journal, William F. Sharpe, a Nobel laureate in economics, calculated that owners of the Vanguard Total Stock Market Index fund, a passively managed fund with annual expenses of 0.06 percent,…

Remember none of this stuff makes sense if you do not pay your balances in full each month but if you have excellent credit you probably know that already. Check these out http://www.nextadvisor.com/blog/2013/11/06/top-7-credit-card-offers-for-those-with-excellent-credit/?kw=out_top7_8

  If you do not name a person as a beneficiary, the deceased estate will inherit the IRA.  Since the estate is not alive the payments cannot be stretched out into the future. By stretching the IRA, a person will greatly limit the tax consequences. If you have not named a beneficiary, it is possible the…

I-Bonds are savings bonds issued by the U.S. government that pay about 1.35%. This rate is much higher than any money market account. You must keep your money here at least a year and no individual can contribute more than $10,000 each year. You can also put in an additional $5,000 if you invest your…