The New York Times calculator showing whether to rent or buy a home is more cost-effective has a lot of wisdom, even with unhappy news. … Read More
Blog
Blog
Musings on personal finance and more...
- May 20, 2024
- Mike Pumphrey
- Decisions
You aren't going to make money on a timeshare purchase. A timeshare will cost you forever, and you won't even get to use it much either. … Read More
- May 13, 2024
- Mike Pumphrey
- Awareness
The 401(k) is the best option that most people have for saving for retirement. But its introduction may have been a mistake. … Read More
- May 6, 2024
- Mike Pumphrey
- Decisions
Due to rising costs, people are keeping their cars longer and not replacing them as often. This is actually a good thing. … Read More
- April 29, 2024
- Mike Pumphrey
- Radical Finances
I used to believe you couldn't pay off debt and save for retirement, but new legislation through the Secure 2.0 Act is making me reconsider. … Read More
- April 22, 2024
- Mike Pumphrey
- Radical Finances
Not every deal necessitates the hassle of moving your money or accounts around, but the 1% Rule is a good threshold to keep in mind. … Read More
- April 15, 2024
- Mike Pumphrey
- Awareness
How to keep yourself safe in the hyperbolic world of credit alerts and potential dangers, specifically surrounding the dark web. … Read More
- April 8, 2024
- Mike Pumphrey
- Decisions
When you own a business, it can be tempting to take your business income as your own, but setting up regular income is a better system. … Read More
- April 1, 2024
- Mike Pumphrey
- Awareness
As new laws strengthen rules on being a fiduciary and acting in a client's best interest, it's harder to justify working with anyone else. … Read More
- March 25, 2024
- Mike Pumphrey
- Awareness
Fear or distaste for math doesn't need to prevent you from being good with money, because you don't need that much in the way of math skills. … Read More
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