Dave Ramsey is a personal finance expert and is most well known for his 7 baby steps to help you get out of debt and take control of your money. While these steps have helped millions of people, they are not perfect. Below I’ll walk through the pros and cons of Dave Ramsey’s Baby Steps and provide some alternative options along the way.
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Ultimate Guide to Property and Casualty Insurance
Protection against loss is critical for everything you do, including running your own business or earning money from a side hustle. The primary tool for mitigating business risks, such as those described by Your Money Geek, is property and casualty insurance.
There are many insurance policies within the property and casualty insurance realm, each with its own vocabulary. Understanding the different types of property and casualty insurance can limit the number of many causes of catastrophic financial loss. In particular, you will want to know which ones apply to your business or side hustle.
[Read more…] about Ultimate Guide to Property and Casualty InsuranceHealth Savings Account Rules: What to Know in 2021
Health savings account rules are easy to follow. On top of that, they are one of the most underrated investment accounts available.
They’ve been around since 2003 and come with a lot of awesome benefits. The biggest perk is being able to contribute pre-tax dollars and have it grow tax-free. We’ll detail more of the benefits further below – there’s a lot of them.
[Read more…] about Health Savings Account Rules: What to Know in 2021M1 Finance vs Betterment vs Vanguard: Robo-Advisor Comparison
Robo-advisors have been gaining popularity since their inception a few years ago. Today, we’ll compare three of the best robo-advisors available: M1 Finance vs Betterment vs Vanguard.
- M1 Finance: The hybrid model.
- Betterment: The original, full-service robo.
- Vanguard: An essentials-only offering.
As a quick reminder, a robo-advisor is a type of investment platform that uses algorithms and automation to manage your investments.
[Read more…] about M1 Finance vs Betterment vs Vanguard: Robo-Advisor ComparisonWhat is a Real Estate Commission?
If you are in the market to sell your home, a good real estate agent is an invaluable asset.
Agents help their clients navigate the market and find potential buyers, and in return for their time and expertise, they charge commission fees. But what exactly is covered in agent commission fees? And what can homeowners expect to receive in exchange for these costs?
Read on to gain a full understanding of what real estate commission is, how much it costs, who pays for it, and alternative routes sellers can take if they are looking to save money.
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