About Hank Coleman

Hank Coleman is a fan of everything personal finance. He's the creator of the popular site Money Q&A, as well as other financial sites. Hank is currently studying to become a CFP. His freelance writing work can be seen across a variety of top-notch publications in finance and investing.

Are Property Managers Worth Their Fees?

Are Property Managers Worth Their Fees?

Whether you are an accidental landlord or if you planned to become a residential real estate investor, someone will have to manage your property. Who will find you new tenants when yours move out? Who will handle complains about leaky faucets in the middle of the night? Who will handle tenants who do not pay […]

Your Retirement Planning Assumptions Are Not Conservative Enough

LongRoad

There are a lot of planning assumptions that enter into how we tackle retirement planning. Now that the trauma from the Great Recession is beginning to subside, we may need to look at how we are planning, saving, and investing for our retirement. Are we doing enough? Can we expect more of the same returns […]

4 Great Ways to Invest in Yourself to Achieve Financial Independence This Independence Day

Unites States Flag Graffiti

Independence Day is a great time to celebrate with friends and family and reflect on our many blessings. It is also the perfect time to pause and take look at our own lives. How can you take back control of your finances and invest in your financial independence? The holiday weekend may be the perfect […]

The Saving Squirrel and Other Ways of Teaching Young Children to Save Money

Dollar the Squirrel Mascot of Chemical Bank

How do you teach kids the value of money and encourage them to save? This noble task is something many parents struggle with. Maybe you do too? Typically, our kids are not learning more than how to identify and count coins and dollar bills in elementary school. So it is up to us as parents […]

How To Sell On Amazon Using Retail Arbitrage

Retail Arbitrage

Have you ever been “showrooming” at a store, comparing prices at the brick and mortar location with Amazon’s prices online? Have you ever found that your local store is actually cheaper than the online leader for once? Maybe you have found a great deal thanks to coupons or clearance sales that you just can’t find online. […]

Why Gas Prices Are Still High Despite U.S. Oil Imports Rising

gas pump gas rewards credit cards

The United States has finally started exporting more oil to other countries than it imports. The U.S. hasn’t crested this oil trade threshold since January 1997. There are entire generations of Americans who have grown up not knowing anything other than the dominance of foreign oil imports typically from the Middle East. U.S. crude oil […]

Staycation Ideas: Take the Best. Staycation. Ever.

staycation ideas

Is money tight this summer? If a vacation is not in your family’s budget this year, then perhaps you could consider taking a staycation instead. Staycations have become all the rage lately as more and more American families are trying to find ways to save money. With the economy still slowly picking itself up from the […]

The Real Reason You Need Umbrella Insurance

Umbrella Insurance

Did you know that simple things like owning a swimming pool, having teenage drivers and a family dog, owning residential rental estate, and even throwing parties in your home can make you susceptible to being sued? Even the type of car you drive or how likely you are to be Googled can help determine the […]

The Five People Who Hold Your Bad Credit Against You

Five People Who Hold Your Bad Credit Against You

There are people in your life who have a bias against you and your poor credit. The mistakes that you have made with debt not only put blemishes on your credit report and lowers your credit score, but they let people in your life hold your bad credit over your head in some way. A […]

The Four Items You Really Need to Include in Your Estate Planning Checklist

Estate Planning Checklist - 4 Tools You Need

Do you have a will? No? You are not alone. In fact, a RocketLawyer.com survey last year found that over 50% of Americans do not have a last will and testament.  Even more troubling is the survey found that over 40% of Baby Boomers age 55 to 64 years-old do not have a will. This […]

What Happens to Your Debt When You Die?

What Happens to Debt When You Die?

True or false: You assume your spouse’s credit card debt after they die? FALSE! Many spouses are living in fear and worry that they will be saddled with the burden of additional debt when their loved one dies. Adult children are also finding themselves concerned about their parents’ finances as well. The good news is […]

The Sandwich Generation: Don’t Go Broke Caring for Elderly Parents

Sandwich Generation Taking Care of Parents

Editor’s Note: Join me in welcoming Hank Coleman, new PT Money contributor and future certified financial planner. This week Hank is tackling the subject of caring for elderly parents. With Mother’s Day just around the corner, we thought it was a good time to address what to do if/when Mom and/or Dad need(s) financial help. […]