The Reluctant Credit Guy

By The RCG | Interesting personal finance articles from http://reluctantcreditguy.com

3 Retirement Accounts You Should Try to Max Out

Saving enough for retirement can be hard, but maxing out these three accounts comes with significant tax savings so you can be better prepared.<p>Most …

Retirement

Equifax Data Leak: How to find out if you’re among the 143 million victims — and protect your credit

The personal information of up to 143 million U.S. consumers has been accessed in a “cybersecurity incident” at Equifax, one of the three major …

4 Crazy Ways to Climb Out of Debt

In over your head in debt? Maybe it's time for drastic action. If your credit card balance is high, and disposable income is low, you might need some …

Personal Finance

Your credit score may jump starting this month

Some consumers may suddenly have a higher credit score.<p>That's because improved standards for utilizing new and existing public records were …

How Does Your Net Worth Compare to the Average American's?

Sometimes, it helps to know where you stand.<p>We live in a society where it's common to compare ourselves to others. (We can thank social media for …

How to Read the Fine Print of Credit Card Offers

With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we spend literally 1,000s of hours …

Personal Finance

Begin teaching kids money management skills early

A part-time summer job can teach teens the value of earning a paycheck, but not necessarily how to manage their money wisely.<p>That's a job parents should take on, and the earlier the better, experts say. Teaching teens the basics of saving, following a budget and the principles behind responsibly …

Personal Finance

Best apps to save money: 5 free or cheap grocery shopping tools for saving cash — and time!

Want to save money on groceries and save time, too, by not having to head to the store every time you need bread or lemons? If you're ready to hack …

How Much Interest Are You Paying Each Month?

Calculating interest month-by-month is an essential skill. You’ll often see interest rates quoted as an annual percentage, but sometimes it’s more …

Personal Finance

4 Things You Must Do Before You Invest One Dollar in the Market

We’re in the eighth year of a raging bull market, and it’s tempting to dive into the investment markets. Since 2009, the S&P 500’s returns were …

Finance

10 Things To Know About A Health Savings Account (HSA)

Health Savings Accounts (HSAs) are employer-sponsored health plans that were created by federal legislation in 2003. An HSA is much like a savings …

Five essential apps to track your spending, save money, and pay your friends

Go fund yourself<p>In the years after I graduated college, my primary tool for managing money was prayer. Pray that the $20 in my wallet would cover lunch through the week. Pray my friend waited a few days to cash the check I wrote him. Pray the dentist doesn’t find any cavities. My first newspaper …

Determine

The Real Reason Americans Are Falling Behind Financially | Investopedia

As many Americans continue to struggle to make ends meet and save for retirement, it makes sense to try to understand what's behind these …

How to set up your first 401(k): A step-by-step guide - MarketWatch

So you’ve decided to save for your retirement using your company’s 401(k) plan. Congratulations! It’s a great way to save. But now what? Which funds …

Retirement

What to do if you get an audit notice from the IRS

It’s unlikely that you’ll be audited — the IRS audits less than 1% of the tax returns it receives. If an audit notice does show up, though, tax pros say there are a few basic steps you can take to steady yourself.<p>Make sure you’re actually being audited<p>People sometimes confuse an IRS adjustment …

Personal Finance

The only 3 financial goals you need: Simplify your life and save money in a few easy steps

What's your biggest money saving goal? Paying off college loan debt? Building credit? Having enough money to eventually afford a house? All of the …

Money

How to Lend, Borrow, and Share Kindle Books With Friends and Family

You can lend a particular book out only once,which means once one person has borrowed a specific Kindle book from you, you can not loan the same book …

Amazon

Compare Your Wealth to the Average American Net Worth

That's because their income is immediately spent on child care, housing and car payments.<p>It's probably a safe bet to assume that those living below …

Equality

Personal finance expert: Do these 6 things to save an extra $700 per month

Compare two people trying to get an edge in life after starting with debt.<p>John focuses on small wins: removing little costs wherever possible. He …

5 Reasons Why You'll Never Be Rich

When is the last time that you did a financial life check?<p>Whether you live paycheck to paycheck or earn a sizeable salary, your financial habits may be creating obstacles on your path to building sustainable wealth.<p>The path to prosperity is not driven by how much you earn, but rather the smart …

Personal Finance

The 10 Best Part-Time Jobs for Seniors

One in five workers over the age of 60 say they don’t think they’ll ever be able to retire, according to a CareerBuilder survey. Half say they’ll …

Virtual Assistants

12 Get Rich Tips To Make Money For Personal Finance

This question originally appeared on Quora. Answer by James Altucher.<p><b>B) Don't invest any of your money. Investing is for wealth preservation, not</b> …

5 Smart Things You Can Do With $1,000 Right Now

Here are five great ways to put any extra money to productive use -- and some of them may even be enjoyable.<p><i>Anyway, I went out and bought thousands</i> …

Stocks

The 10 Most Important Things Everyone Should Know About Personal Finance

<i>This question originally appeared on Quora. Answer by James Altucher.</i><p><b>A) Don't get a salary. A salary will never make you money.</b><p><b>B) Don't invest any of</b> …

The Average American Household Sees 53% of Its Income Gobbled Up by These 4 Expenses

Hint: Medical costs and education expenses aren't even close to the top four!<p>No one ever said being an adult was easy, or inexpensive.<p>If there's one …

10 Life Rules for Millennials Serious About Becoming a Millionaire by 30

Combine an early and focused start with a decent job, a side gig and disciplined spending. You can't miss.<p>I’ll be honest. The future may seem bleak if you’re a millennial. That’s why you may think that it’s impossible for you to become a millionaire.<p>The fact is, you can achieve this goal. I’ve …

Wealth

4 of the Best Tips to Increase Your Credit Score Fast

Desperate for better credit? Here's how to boost your score as quickly as possible.<p>Most people don't put much thought into their credit scores until …

Money is pouring into the world's hottest investment product at nearly a record-setting pace

Investing the US has rarely been this popular, and exchange-traded funds have been the investment vehicle of choice.<p>Traders poured $23.56 billion into US funds and ETFs during the week ended Wednesday, less than $1.5 billion shy of the all-time record seen in March 2015, according to data compiled …

Finance

Exchange Traded Funds (ETFs) - Basics and Why You Should Be Investing In Them

If you’re not familiar with Exchange Traded Funds (ETFs), let me fill you in on the ETF basics, and why you should be investing in them. I’ll reveal …