Dave Ramsey’s Conflict of Interest Corrupts His Financial Advice
This post originally appeared on Money Cynic. Objective financial advice is hard to find. So many “experts” have hidden agendas and profit motives. Now Dave Ramsey, who championed ‘envelope budgeting’...
View Article‘Black’ Names Equal a 71-Point Lower Credit Score When Seeking a Mortgage
This post originally appeared on Money Cynic. A few years ago, getting a mortgage loan was a humbling task. You’d wait in the lobby of a bank for a loan officer to usher you to a desk where you’d plead...
View ArticleThe Complete Guide to Building Credit — and How to Make Your Credit Score Soar
Let’s say you wanted to snub your nose at the Corporate Global Machine and have vowed to live a noble life, spiritually guided and financially modest. Swearing off debt. Denouncing materialism. But you...
View ArticleThe Most Important Question to Ask Your Financial Advisor
Last week, the Dave Ramsey conflict of interest issue raised a few concerns that investors should be reminded of. First, you can’t assume an expert’s advice is always right. Second, you must know how...
View ArticleHow to Avoid Falling into a Credit Card Debt Trap
It came in the mail and you just had to stare at it for a while. Your first real credit card. Not a debit card or one of those pre-paid or deposit-secured cards. The real thing. Shiny, new and ready...
View ArticleYour Retirement Dream Home: The House Features Retirees Seek Most
Boomers are packing up their McMansions and making a lifestyle change. Moving from their houses with room for the kids and making room for their RV. In some cases, walk-in closets are being replaced...
View ArticleWhy Paul Ryan is Against the ‘Best Interests’ of Investors
In recent weeks, high profile Republican and House Speaker Paul Ryan has become an outspoken critic of the Department of Labor’s fiduciary rule. The DOL proposal, aimed at providing retirement account...
View ArticleRetirement Investing Is Moving to a Do-it-for-me Model
Employer-sponsored retirement accounts began as do-it-yourself savings plans. You decided if you wanted to save, if so how much — and how to invest that money. Unfortunately, many participants were...
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