This Budget is really bad unless you are a Republican.

As long as Paul Ryan is speaker of the house Social Security is not safe.

Americans Lose Health Care with Trumpcare

I bought a Subaru Legacy this past year and for me New was just about the same price or within a couple thousand so I went New.

When you have Individual Contracts instead of a Union Contract you end up having people high in seniority getting laid off first!

With the time value of money due to the likelihood of inflation to me their are some gray areas. I agree with your point on how the itemized deduction can be a negative but it does exist as a factor when calculating if its best to pay a debt off.

I have found that when buying a new car if you finance through the dealership you will pay a very low percentage on the loan if any. For a mortgage its an itemized deduction plus the rates right now are very low. If you may want to move at some point in the future it gives you a little more flexibility to not pay the…

The 401K should still be around, but my guess is Trump and the Republicans will privatize Social Security and that is going to eventually take a big chunk out of peoples retirement income by shifting more of the Social Security tax revenue to private companies that get the graft contracts from the federal government. …

If you don’t need credit in the future to get financing for a new car or a new mortgage credit doesn’t really need to matter, of course still pay your bills! Although if you buy a new car you won’t necessarily get a better deal with cash anymore, and may find financing as a healthy option if its 0 percent or a very…

I agree that having money in the bank is key, its pretty boring but its true and its backed up with the FDIC.

I find staying the course is often times is the best solution, especially with financing rates so low. Being flexible is highly underrated.

Making the case to pay off debt is easy when its debt with 15 percent interest vs investing. With the modern climate taking advantage of financing rates and paying off debt slowly also makes sense. As stated above its hard pay the bills with bank statements showing how you’ve reduced your debt. Over time by paying…

These debts are for essential items. The way it works is that if you end up buying a new car you are not necessarily going to get a better deal with strait cash anymore and the dealer may give you Zero percent or very low interest on financing. The most for a bank loan is generally around 6 percent for an auto loan.…

One other thing I think some financial experts over look before paying off lower interest tax favorable debt such as student loans or a mortgage, is that having more cash than a basic 6-8 month emergency fund is needed for most people to stay out of other debt such as credit card debt and car debt. Remodeling a home,…

I agree that the debt still costs money, but I would not make it a rule of thumb for everyone to pay off lower interest debt that in addition a tax deduction right away. If the worst financial storm were to hit, their is a good argument that you are better off with money in the bank and only having to pay down the…

Good Strategy, having cash on hand is good financially in a lot of different ways.

I forgot, yeah medicare has coinsurance also, yikes. The FSA vs HSA too, can you use both at the same time? Also aside from using an HSA as a defacto retirement account which it allows you to do, if you have insurance anyways, why would you need a huge amount of money saved up in an HSA, when after your deductible you…

Great Article but this Article just illustrates how confusing health care in America is today and why i support medicare for all! 30 years ago most people didn’t even know what a deductible was, let alone a premium. Then when you throw in tax considerations such as HSA, Flex Spending, or a combination of both, which I…

Paying off student loans is important, but isn’t always the most wise choice and when looking at how everything is automated now, the debt avalanche approach is the way to go if you decide to pay off the loans or a portion of the loans early. Now I can see not paying them off early either because of the tax deduction…

Retiring at the age of of 54 is really nice! If a person lives modestly I do not see that person all of a sudden spending big in retirement. Health is a big part of it too. If somebody is planning on having a family though, I can see going bigger on a house, and saving less for retirement especially if children are in…