A 401(k) loan is an enticing prospect during financial hardship, and may seem more preferable than a withdrawal, but the risks are vast. … Read More
Radical Finances
Did credit cards ever make financial sense?
The original purpose of credit cards, to buy something without paying for it yet, was never a good financial decision. … Read More
Pouring the jug: How to handle when your income is irregular
I propose an allegory and model for thinking about how to deal with irregular income in a way that will help you reduce risk and uncertainty. … Read More
How I paid off my $40,000 in student loans
The true story of how I paid off my student loans, and the tricks I used to make it happen more easily and quickly. … Read More
What’s up with OregonSaves?
A program designed to help Oregonians save for retirement is a great option, assuming your employer knows to sign up. … Read More
Student loan cancellation is dead: what now?
The Supreme Court has cancelled student loan cancellation. Here’s what to do now that that particular plan is dead. … Read More
Is there an alternative? Stocks, inflation, and where to put your money now
With inflation and rising interest rates, some say that there are better places to put your money than stocks. I’m skeptical. … Read More
What is the minimum you could live on?
Determining the minimum amount of money you could live on is important for determining your emergency fund and other financial goals. … Read More
Should you move your emergency fund to an interest-earning account?
It’s not important to earn interest on your emergency fund, but if there is no downside, then why not do so, now that rates are so high? … Read More
How not to be house poor
Home ownership can be a financial disaster if you’re not careful, and one of the ways to prevent this is to not be “house poor”. … Read More