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What are UGMA/UTMAs and do I need one for my child?

What are UGMA/UTMAs and do I need one for my child?

Transferring financial securities to your kids for college can get tangled in all sorts of legal strings when they are still minors. Minors in most states do not have the right to make contracts; which blocks them from owning stocks,

Posted in: Personal Finance, Saving Money

What is a Share Certificate and should I get one?

What is a CD and should I get one?

If you want to make more with your money than the dividend rates on savings account provide, but you are not interested in the risks of investment, a certificate of deposit — or share certificate — may be the savings

Posted in: Personal Finance, Saving Money

The pros and cons of paying with cash

The pros and cons of paying with cash

Some days, the fear of losing control of your credit or debit card in a security breach can overwhelm the convenience of swiping your card to make a purchase. Should you sound the retreat and go back to paying cash?

Posted in: Personal Finance, Saving Money

Repair or Replace: Is it time to wave goodbye to your old car?

Repair or Replace: Is it time to wave goodbye to your old car?

Most of us find ourselves in a losing battle at some point trying to keep an old car on the road, even with the most conscientious maintenance and determined repairs. But the decision to put down the wrench and put

Posted in: Cars, Saving Money

How to stop living paycheck to paycheck

How to stop living paycheck to paycheck

I’d love to, but I can’t afford it until my next paycheck. How many times have you said that in the past year? We all come up short from time to time on a big purchase or unexpected expense, but

Posted in: Personal Finance, Saving Money

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