Don’t You Wish Your Girlfriend Was A Freak – Saver!

There are hundreds of savings accounts on the market now, catering to all sorts of savers. Saving options are becoming more varied and accessible with the introduction of new financial technology companies. These solutions can start small by rounding up purchases to the next dollar and depositing that loose change into a more structured savings … Read more

Finance Experts Share Their Top Money Lessons of the Last Decade

When the Great Recession hit, it hit hard. Americans experienced job loss, foreclosures, a sharp rise in student loan defaults and high consumer debt. The recession also taught us plenty of important lessons. We asked 8 personal finance experts on their main financial takeaways on the past decade. Here’s what they had to say:  Image Credit: Nattakorn … Read more

I Was 10 Seconds Away From Getting Screwed by Best Buy

I once heard someone say there is never a great day to have a flat tire. So very true. But you can add this to the list, there is never a good day to have you eleven-year-old refrigerator crap the bed. Yes, our refrigerator greeted Tuesday by deciding that’s the day it would expire. It … Read more

Using Bitcoin to Build an Emergency Fund – Update #2

This is the second update in my weekly series of my experience using cryptocurrency to get people excited about saving money. I will be the first person to admit there is little fundamental reasoning behind investing in cryptocurrencies like Bitcoin, Litecoin, Ethereum, or any one of the many other digital currencies out there. However, one … Read more

How to Use Bitcoin to Get Out of Debt or Build an Emergency Fund

Bitcoin and other cryptocurrencies are going from a dull whisper to a louder conversation lately. The value of Bitcoin especially has shot way up. I remember when I first heard about Bitcoin in 2015 and it was trading for around $200 a Bitcoin. It’s now gone as high as $18,000 for that same Bitcoin. A … Read more

Proposed Trump Regulation Rollback Should Scare Even Supporters

The Trump administration has been vigorous in wanting to cut regulations. That’s not always a bad thing. But this suggested change really caught my eye. President Trump has signed a memorandum which clears the way to eliminate the fiduciary rule for investment brokers. The fiduciary rule may sound like something boring but every person saving … Read more

Should I Keep Investing in My IRA or Pay Off My Home?

“Dear Steve, Bought a home a year ago after finishing paying off students loans (am currently 27). I started contributing to a Roth about 6 months before I purchased the home and am now wondering if I should continue to max out the Roth or pay off the house faster? M” Dear M, I think … Read more

I Need Someone to Help Me Get My Financial Life on Track. – Sara

“Dear Steve, I am looking for a workshop or advisor to help get my finances straight. I have a poor credit history so i need advise in working through that in addition to rebuilding my credit. I have several retirement accounts from different jobs that I am not sure what to so with. Do I … Read more

I Wrote You When You Were the Debt Coach on the TV Show Starting Over. – Sari

“Dear Steve, I am not sure if you are the same Steve Rhode I wrote to about 7 years ago. I heard about you on the TV show Starting Over, with Rhonda Britten. I wrote to you asking advice on how to get out of the large debt we had from attempting to start our … Read more

We Don’t Have Much Left Over Each Month. Should We Save It? – Cathy

“Dear Steve, We are $23,000 in debt not including our house. We are able to make all payments but nothing is left over to save. $11,000 of this debt is an old school loan that we pay $114/mo on. $5000 is an auto loan. The rest is old credit debt. We have paid down about … Read more

Women and Financial Insecurity

A recent article in the online version of the Wall Street Journal caught my attention. It was called “Clients From Venus.” Source It began by pointing out that women are becoming increasingly involved in personal finance. “Women control $8 trillion in assets in the U.S., and by 2020 are expected to control $22 trillion, according … Read more