Why Vanguard and Fidelity Money Market Funds Are a Money Losing Proposition. Go For A High Yield Savings Account Instead

1 comment

I recently got an email saying that my Vanguard prime money market fund’s expense ratio had increased from 0.16% to 0.17%. Not such a big deal because even with the higher expense ratio, Vanguard’s prime money market fund fees are still amongst the lowest in the industry. But what caught my attention when I went […]

Read the full article →

Unbundling Auto And Home Insurance Policies Even When Losing The Multi-Policy Discount

0 comments

Around this time of year many people get renewal notices for their auto insurance. More often than not they will briefly scan the notice and if the premium hasn’t increased substantially from the prior period they’ll just file away the renewal paperwork and let the auto-payment on file continue to be processed. But when I […]

Read the full article →

Monthly Budget Comparison – Big City $10,000 vs. Small Town $4,000

0 comments

I have 2 family friends. One lives in the DC Metro Area (Bethesda, MD) and the other lives in Appleton, Wisconsin. Classic Big Town vs. Small Town. I met them over Thanksgiving and we got talking about the cost of living and how it varies so much across America. Both are married with two kids […]

Read the full article →

Average Teacher Salaries Across The Country

0 comments

Teachers play such an important role in our lives. We can all remember a great teacher who directly or indirectly had a bearing on where our lives went and what we achieved. I see this even more clearly as I see my son go through elementary school. Last year he had a terrible teacher who […]

Read the full article →

Year End Tax Moves You Can Make Now

0 comments

With year-end around the corner most people are far more focused on holiday shopping rather than on reducing their tax liability. But the fact is that unless you make tax saving moves before year end, you may end up paying Uncle Sam (a.k.a the IRS) a lot more than you legally have to when you […]

Read the full article →

3 Reasons The Booming Economy May Not Be Good News

1 comment

The stock market is hitting new highs on a seemingly daily basis. The job market is rebounding strongly as evidenced by the plummeting unemployment rate. Market analysts are overwhelmingly saying buy stocks, sell bonds. All this implies the economy is positively booming and surely everyone is getting richer. Sadly this is not the case and […]

Read the full article →

Toyota Battery Ripoff Special – The Small Print Contradiction

2 comments

Yesterday as I was about to head out for work my car died on me. I was pretty quickly able to deduce it was due to a flat battery. Fortunately I was able to jump start the car but I needed a new battery ASAP. So after searching online for awhile I found the ad […]

Read the full article →

Should I Take My Pension Payout as an Annuity or Lump Sum Rollover into an IRA

1 comment

Article summary: Should I take my pension as an annuity in retirement where I receive monthly payments or take a lump sum that I rollover into an IRA account and manage the investments myself? Answer : It depends on whether you can invest the money better than the returns you would get from your unadjusted […]

Read the full article →

2014 vs 2013 AMT Exemption and Thresholds

0 comments

Following enactment of the American Tax Relief Act (ATRA) in 2012, the AMT patch legislation that Congress had to pass every year to ensure more people were not snagged by the Alternative Minimum tax (AMT), is now no longer required. Instead the AMT exemption and associated thresholds based on filing status are now tied (or […]

Read the full article →

2014 Earned Income Tax credit (EITC)

1 comment

[2014 EIC Update] The IRS has released 2014 Earned Income Tax credit (EITC) details which are shown in the table below. There have been some minor increases to the EITC amount and qualifying limits following inflation adjustments. How to read the table above. The “earned income amount” (line 1) is the amount of income (minimum limit) at or […]

Read the full article →
Disclaimer: The information contained on Saving to Invest (this site) is for general information purposes only and does not constitute factual or professional financial advice. In accordance with FTC guidelines, we disclose that we may have a financial relationship with some of the merchants/companies mentioned on this website. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers. Refer to the Privacy Policy and Terms of Use for more information