Cash Money Life

On of the most important things you can do for your financial future (outside of paying off your debt), is to invest for your future. Right now, my wife and I are in a comfortable financial situation. Our only debt is our mortgage, and we have been saving as much money as we can over [...]

One of the most important things my father taught me about money matters is investing for retirement. Based on his advice, I opened an IRA at age 19 and have been investing ever since. When I first started investing, I was eligible for an IRA, but I was in the USAF and we did not [...]

Investing for your retirement is one of the most important things you can do for your future. And one of the best ways to do that is by investing in an Individual Retirement Account (IRA). There are two main types of IRAs which most people are eligible to contribute to - the Traditional IRA and [...]

Have you funded your 2007 IRA yet? If not, there is still time for you to max out your investment and have it count for your 2007 IRA. The tax laws are set up to allow tax payers to contribute to IRA accounts any time from January 1st of the tax year, until tax day [...]

Do you have a financial question that you would like to ask a financial professional? Now is your chance to do that - Kiplinger.com is hosting a live discussion with members of the National Association of Personal Financial Advisors (NAPFA) for Kiplinger’s Jump-Start Your Retirement Plan Days.
From 9 a.m. to 6 p.m. eastern time, this [...]

The The Little Book That Makes You Rich is part of a series of “Little” investment books printed by Wylie Publishers. Other popular books in this series include The Little Book of Common Sense Investing, The Little Book of Value Investing, and The Little Book That Beats the Market. At roughly $13 each, these books pack [...]

My first foray into investing began when I opened an IRA at age 19. I didn’t know anything about stocks, bonds, or mutual funds, so I placed the money into a Money Market Account where I probably earned an astounding 3.0% return on my money. About a year later, I went to a broker who [...]

Economists expect the fed to cut interest rates again this week, only a month after cutting rates for the first time in over 4 years. What does this mean? Well, outside of any effects a rate cut may have on the stock market, it means the interest rates banks pay their customers may fall as [...]

Many people prefer to keep a certain amount of cash in their investment portfolio, especially when investing for periods of 5 years or less. However, savings accounts do not always give the best return on investment for cash. Certificates of Deposit (CD) usually offer better interest rates than savings accounts because a CD guarantees the [...]

The Thrift Savings Plan has announced that starting in October, 2007, they will no longer use Social Security Numbers as their primary source of identification for communications. These changes will include using new ID procedures for their website, their telephone service, ThriftLine, and for written communications. This change is designed to increase member security and [...]

ING just sent out a new contest announcement to their members.
We want to hear your ultimate Road to Happiness saving story. Send us a short essay, with a photo, telling us about your savings goal and details on how you plan to get there. Park your entry no later than August 31, 2007, 11:59pm ET. [...]

I must have missed the announcement because I just noticed that the Thrift Savings Plan has changed the login procedure on their website this month. This comes only a few days after myPay increased their security features by installing a virtual keyboard for PIN input. The TSP now requires an 8 digit password instead of [...]

There is no direct way to download the Thrift Savings Plan into Quicken from the TSP website, but there is a work around. These instructions are from Allen at Middleriver.net. (Read the Thrift Savings Plan’s reasons why you can not download the TSP into Quicken from the TSP site.)
You can manually input the data line [...]

Robert Kiyosaki has a bi-weekly blog at Yahoo! Finance. His latest article, Playing the Mutual Fund Lottery, was posted yesterday. Kiyosaki has made his fame and fortune from his educational book series and his mostly contrarian and sometimes controversial views. Some of his opinions and advice cause people to think outside the box in a [...]

The Thrift Savings Plan (TSP), the government version of a 401k, does not currently offer its members the option of downloading their information directly into Quicken or MS Money.
Why not? Mostly, it’s a cost issue. Quicken and MS Money charge financial institutions a lot of money to make their software compatible and downloadable.
In the TSP [...]