Advantages and Disadvantages of a Roth 401(k)

Which type of 401(k) will you choose?

The Roth 401(k) is a relatively new option for retirement investing and an interesting mix of two different types of accounts: the regular tax-deferred 401(k) and the Roth IRA. Is it the right option for your retirement investing? As with any investing choice there are pros and cons to each account and investment. Let’s look at […]

How Will A Short Sale Affect My Credit Score?

Short sales can have significant impact on your credit score.

The lead up to the Great Recession was fueled by cheap credit, improper lending practices, and the unrealistic belief that housing prices could only go up. While some communities have seen housing price recoveries back to somewhat normal levels, others are still suffocating on a market full of foreclosures. All of the negative housing trends […]

American Express Personal Savings Account Review

American Express Personal Savings Account

Looking for a place to earn some extra interest on your savings? You’ve probably heard of some of the banks that offer online savings accounts, but many people had no idea that American Express offers the exact same thing. You can earn a great interest rate while enjoying the same high level of customer service […]

Are Prepaid College Tuition Plans a Good or Bad Idea?

prepaid college tuition plans

Many states have offered prepaid college tuition plans to parents who are looking to invest in their children’s future. A prepaid tuition program can save parents a ton of money in saving for their children’s education. Unfortunately, many of these plans have recently experienced significant financial difficulty due to the rising costs of college tuition […]