Lessons to be learned

We were having lunch at a downtown restaurant one day when I noticed a cute anecdote plastered on the wall where our booth was located. It was truly enlightening to us, as we hope it will be for you.

Seven Steps to Riches

Warning: This is not a get-rich-quick scheme. These steps, if practiced, will bring prosperity and wealth, guaranteed. They require patience and consistency. Do you have what it takes? If so, read on.

Paying off your home early really is a good idea

I was thoroughly amused and disgusted as I was reading an article on MSN titled “Being debt-free can be costly”. I would suggest that Kelli B. Grant (the author of the article) purchase a calculator that actually works. Let me explain why.

How much life insurance do you need?

If you’re struggling to find the right amount of life insurance for you, here’s a quick post to help you out. This post deals mainly with term-life policies, not whole, universal or any other cash value product.

How to calculate the change in rate in your ARM

Chances are, if you own a home or are looking at buying one, you are familiar with an ARM. For those that don’t know an ARM is an adjustable rate mortgage. ARM’s are usually recommended by mortgage or lending companies to folks who are having trouble fitting the monthly payment into their budget. With an ARM, the rate starts out lower than standard fixed rates, but, as the name states, the rate adjusts over time. If you have an ARM and are unaware of the standard method to which the rates adjust, this post is for you.

Dead presidents not just on paper anymore

The U.S. Mint introduced the new $1 coin featuring late American presidents today. Speculation has already begun about the coins’ potential as an accepted monetary component of daily transactions.

10 Components of A Healthy Financial Plan

Here at MoneyTalk, we’ve talked a lot about the importance of financial planning and management. Without planning and good money management, the odds are pretty low in reaching financial success. This post is a break down of the ten major components of a healthy financial plan and how they can help you get back on track with your finances and life.

Financial tips from the stars

We always make the assumption that celebrities have it made. They have fame and fortune, so, it’s thought that the financial burdens that affect the normal Joe aren’t a part of stardom. Well, that is far from the truth. Celebrities have had to learn how to manage their money just like all of us. So, what do they have to say about it?

You might be paying through the nose in taxes…

…if you live in the Northeast. That’s right. Maine, New York, and the District of Columbia lead the charge in states with the highest tax burden at 13.5%, 12.9% and 12.8% respectively. Is your state tax-friendly, or a tax nightmare?

5 things that may trigger an audit

According to CNNMoney.com, there are five things the IRS looks for in tax returns. Here’s the break down.