Once you have decided to get out of debt there are two main schools of thought on how to do it. Either you pay the debt according to the balances, going from smallest to largest, or you pay them according to the interest rate, going from highest to lowest. Either of these methods are fine. …

Debt Reduction Strategy: Consider the Payment Read More »

Last week we talked about the Rules of Traditional IRAs. Today we are going to discuss Roth IRAs. As I said in last week’s article the main difference between the two is taxes. In Traditional IRAs you pay taxes later, in Roth IRAs you pay taxes now. In general, Roth IRAs are more popular because …

Rules of the Game: Roth IRAs Read More »