Robin had not been able to face even opening up the statement envelopes from her broker. She had never felt she understood her 401k statements and these were going to be even more complicated. So we opened one up together and took a look.
Robin – 4
Wednesday 26 Oct 2011 by admin |
1 Comment
Filed under: Robin Tags: 401(k), investment, Investment Income, rate of return, statements
Filed under: Robin Tags: 401(k), investment, Investment Income, rate of return, statements
Beth and Brian – 4
Wednesday 26 Oct 2011 by Charlo |
1 Comment
Filed under: Beth and Brian Tags: 401(k), College Planning, nest egg, student loans
Filed under: Beth and Brian Tags: 401(k), College Planning, nest egg, student loans
When Beth and Brian returned they had smiles on their faces. Clearly they were past the decision point about college and were very relieved.
Robin – 3
Sunday 18 Apr 2010 by Charlo |
2 Comments
Filed under: Robin Tags: CD, credit cards, emergency cash, inherited IRA
Filed under: Robin Tags: CD, credit cards, emergency cash, inherited IRA
Given Robin’s recent inheritance, it was clearly time for her to pay off her consumer debt. She had the remainder of a car loan, which I told her to pay off right away, as well as her credit card balance of $3,000. I suggested that she might want to change her outlook on how to use credit cards going forward. Credit cards, when the balance is paid off monthly, give you the opportunity to get some cash back or rewards for their use. I suggested that she spend a little time at the website www.creditcard.com to find a rewards card that matches her needs., some offer discounts on airline tickets or free flights, others give pay you back in gift cards to buy gas or are affiliated with major retailers. Even though she had carried a balance for years, she had a good credit rating from always making timely payments, and would have no problem getting a card with rewards.