How Much Cash Should You Keep In Savings? (Plus Where to Keep It)

They say everyone should have three-to-six months’ worth of expenses in an emergency fund. Unfortunately, if you follow this rule you probably have quite a bit of cash earning almost nothing in interest--and losing money to inflation. Where you save your money can be just as important as how much you have saved. Here’s what you need to know about where you should be stashing your rainy day money: Cash Savings at Home Anyone who … [Read more...]

Is AARP Worth it? Get These Awesome Benefits (Some Free) for People Under 50

At the YMCA where I used to work out, there was always a large stack of AARP magazines available for perusal during my 30 minutes on the elliptical or treadmill. Despite being in my 30s, it was always my favorite magazine to borrow for a workout—although I’d sometimes hide the cover like I was reading something illicit. I thought of AARP as an organization for...well, older people. It's called the American Association of Retired … [Read more...]

The Best Credit Cards in Canada for 2019 [By Card Type]

There’s no universal answer to the question, "What is the best credit card?" Much in the same way the best convertible coupe would be ill-suited for a family of four, the best travel rewards credit card would make little sense for someone who rarely travels abroad. Simply put, categories matter and selecting the best credit card for you comes down to a number of factors - from your personal spending habits to what type of rewards … [Read more...]

How to Get Out of a Timeshare Legally with Newton Group Transfers [Review]

Wondering how to get out of a timeshare legally? Timeshares always seem like such a good idea when you are in the midst of one of those infamous, hours-long presentations. Not only can you imagine the joys of vacationing every year in a fabulous resort for a low, low price, but the sales tactics of timeshare salespeople can do a whammy on your rational thought processes. Before you know it, you’ve signed on the dotted line, and you are … [Read more...]

Is 4% Savings in a Gamified Banking App For Real? [Beam (beta) Review]

I've been using Beam since April 25th, 2018 and I can report that yes, as part of the beta test they did pay a nice baseline 2% APY on up to $15,000. That's a top-tier rate as of June 2018, even if you compare it to other high-interest online accounts. I felt comfortable with my money there, despite concerns from other online reviewers. I spoke with the Beam team and I believe they're on an earnest mission to help people save more … [Read more...]

The Annuity You Can Start Funding When You’re Young (Blueprint Income’s Personal Pension)

  This piece was sponsored by Blueprint Income. However, opinions expressed are our own. Unlike many working in the personal finance sphere, I have no plans to retire. I love my work as a freelance writer, and I intend to keep at it even if my fingers my fall off and I have to type with my nose. However, I also know that retirement isn’t necessarily a choice, having seen friends and family members involuntarily retired from … [Read more...]

How to Organize Your Credit Cards and Conduct a Full Card Audit With This Simple Tracking Spreadsheet

If you’re like me, you’ve dabbled into the award travel game and found yourself with a wallet - or a desk drawer - full of credit cards; many of which you aren’t using anymore. This might have left you feeling disorganized, uneasy, and worried about making a mistake. If you’re not careful, you could end up with a bunch of annual fees for cards your not using or worse, an account could get compromised and you end up with a bunch of fraudulent charges. That's no … [Read more...]

Build Your Credit and Savings at the Same Time with Self Lender [It’s Legit!]

  This post is brought to you by Self Lender. While this post was sponsored by Self Lender, all content and opinions expressed here are my own. PT's note: I first heard about Self Lender when a close friend asked me, "hey, is Self Lender legit?" His wife wanted to start improving her credit and wanted to know if Self Lender was a good option. It's definitely a novel concept and has that too-good-to-be-true feel. As it turns out, they are legit (I've met their … [Read more...]

This Company Negotiated My Bills to Save Me $324 [BillFixers Review]

  Editor's note: PT here. I'm happily paying BillFixers $27 a month ($324 in total) for the next year. Why? Because they saved me a total of $648 on my Internet service with AT&T! To see how BillFixers could work for you, check out our full review below... Bills, bills, bills! They can seem never-ending. From your cable bill to your lawn service, they just keep piling up. I am always looking for different ways to lower my … [Read more...]

Buying a House will Slow Down Your Path to Financial Independence (But You Should Do it Anyway)

TLDR: buying a house isn’t the best way to build wealth - the stock market is better - but buying a home is still a great idea if you do it right. Buying a House is Still Part of Our "American Dream" Despite the buzz about renting being the new hottie, buying a home is still something the vast majority of us (like 80%) want to do. And it’s natural. You finish school, you find a spouse, and you want to set up camp. Everyone’s doing it! Well, not everyone, but … [Read more...]

The 4 Big Reasons Why We’re Fixing Our Finances and Pursuing Financial Independence

In the marketing industry people often talk about selling the benefits ("hey, look how this thing can change your life") vs the features ("hey, look at this thing with all the bells and whistles - here’s how to use it"). I’ve always been more of a features guy myself. I want to know the steps involved and understand the individual components that go into whatever it is I’m buying. Leave out the fluff. When it comes to "buying" the idea of fixing my finances … [Read more...]

Finally, a Robo-Advisor to Help You Manage Your 401K [Blooom Review]

  PT's note: When I started my first big career job (nine months with KPMG out of Shreveport, LA) I never invested with the 401K! I didn't even get the match! It wasn't until I was 23 (at my second major employer) that I pulled the trigger and started investing and getting the employer match through the 401K! Agh! To think of all of the lost compound interest and free money. When you started your first job, were you offered a … [Read more...]