Financial Planning

Guide

Debt Consolidation Versus Debt Restructuring

Both strategies can provide financial relief, but the two are not the same

Written by Shaun Plum, MoneyTips Contributor

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Debt Collection Borrowing Financial Planning Student Loans

Guide

Video: Automated Investments

Joe Ziemer explains why you should use Tech to grow your Money in this Exclusive MoneyTips video

Should you let computers select your investments? Joe Ziemer, who runs communications and policy initiaitves at Betterment, the largest auto...

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Comments 8

Financial Planning Retirement Investing & Retiring Stocks

Q&A

Asked by an anonymous user

I am receiving an inheritance from my mother's estate, should we use it to buy a house?

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Answers 1

Answered by Kim Miller, CFP®PRO+ in Redmond, WA

Hi - let's see what I can do for you. The first order of business with an inheritance is to pay off any existing debts. If your only income is disability payments, g...

Home Purchase Loan Borrowing Social Security Financial Planning Medicaid Medicare

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Asked by Crystal

Should we really take financial advice from Donald Trump?

Answered by Rob Jupille, Financial Adviser in Santa Monica, CA

If his advice is 'inherit a large sum of money from your father, use a ton of leverage then utilize the bankruptcy laws when necessary then absolutely take financial a...

Financial Planning Investing & Retiring

Guide

Your Financial Advisor's New Fiduciary Duty

How New Rules Affect Your Retirement

Many Americans assume that their financial advisor is legally obligated to act in the best interest of the consumer and disclose any conflic...

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Comments 9

Financial Planning Retirement Investing & Retiring

Guide

How To Check Your Financial Adviser's Background

New Study Shows Financial Adviser Misconduct

You have trust in your financial adviser — otherwise he or she would not be your adviser in the first place. Could that trust sometimes be m...

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Comments 11

Financial Planning Investing & Retiring

Q&A

Asked by Dana

I am 43, and have $15,000 in savings - and approx.$20,000 in credit card debt (with low interest.) Should I pay off debt before adding more money to savings?

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Answers 2

Answered by Phillip Christenson, CFA in Plymouth, MN

It all depends...what are you earning on your savings? If it's close to zero then yes you should pay off the credit card debt. If it's in the stock market which histor...

Borrowing Financial Planning Investing & Retiring Credit Cards

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Asked by Apryl

What are opinions on the 'debt snowball' reduction strategy?

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Answers 1

Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA

This is a great question, one that many members wonder about. We have used it as the inspiration to create two articles on MoneyTips to answer your question. How to...

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