If you have retired recently or your retirement is just around the corner, you must keep yourself abreast of the substantial tax implications it entails. Apart from diversification in your investments to reap the maximum benefits, you must also plan for a better tax outcome. To properly manage your retirement taxes you need to look […]
Category: Real Money
How to Buy Flood Insurance for Your Home
Natural disasters such as floods can cause devastating damage to homes and properties. While standard homeowners insurance policies cover various perils, they usually exclude coverage for flood-related losses. To safeguard your property and financial well-being, it’s essential to understand the importance of flood insurance and the steps involved in purchasing it. In this blog post, […]
Money Market vs. High Yield Savings Accounts
When it comes to saving money, there are many different options available. Two popular options for saving money are money market accounts and high yield savings accounts. Both of these accounts are low-risk options that offer higher interest rates than traditional savings accounts. In this blog post, we will compare money market accounts to high […]
4 Key Items Your Homeowner’s Insurance Should Cover
Your home is more than just walls and a roof. It is a considerable investment. For some Americans, it will be the most significant investment they ever make. Because it is such a large investment, homeowners must purchase homeowner’s insurance that is right for their home, location, and budget situation. When searching for a homeowner’s […]
6 Prescription Drugs That Cost More Than a Brand New Car
One of the most expensive things you may ever pay for in life is medical care. The average American spends about $7,000 annually on their prescription medications. In the third quarter of 2018 alone the top 14 pharmaceutical companies made nearly $30 billion in profits. If you are suffering from more serious or ultra-rare medical conditions […]
Is It Really Cheaper to Drive an Electric Vehicle?
In general, electric vehicles (EVs) are becoming increasingly cost-competitive with conventional gasoline vehicles. It’s worth noting that there are some factors that can make EVs more expensive to own, such as the higher upfront cost of purchasing an EV compared to a gasoline vehicle and the cost of installing a home charging station. In general, […]
4 Reasons Being a Millionaire Is Stressful
If you don’t know how to watch your money carefully, being a millionaire can be an overrated experience. You have to be financially disciplined, weed out needy friends, and beware strangers. Here are four reasons being a millionaire is stressful. Time sacrifices No one becomes a millionaire or billionaire by accident unless they are born […]
4 Reasons Early Retirement Is Dangerous
Retirement can mean different things to different people. Some people are forced into early retirement for various reasons, usually budgetary. Millions of Americans were forced to retire early during the pandemic. For others, early retirement seems to be a goal within itself. Some aspire to the FIRE movement, standing financial independence, retire early. FIRE adherents […]
5 Wealth Success Habits of the Super Rich
Identifying and determining what exactly makes some people more financially successful than others is quite difficult. A variety of elements need to come together in the right mix and at the right time for someone to become super rich. Where we are born, our upbringing, sheer luck — all these factors combine to make someone […]
Is a Tiny House Really Worth It? Watch for Hidden Costs
Prefabricated, modular houses and so-called “tiny houses” are big business at the moment. A modular house is like a traditional home but made in a factory. The same goes with tiny houses, which are miniaturized versions of a full-sized home. Kit homes have a long history, dating back to the days of Sears mail-order home. […]










