“Does that make sense?” Raise your hand loud and proud if someone has ever said this to you and you answered “Yeah, of course,” when you really had no clue what was being said. I am guessing there are quite a few hands up right now. I know I am guilty. Why are we so afraid of admitting that we don’t understand something? Here are some of the essential terms you need to know about annuities so you can spend more time understanding and less time Googling. Understanding what is being said is important. You know what I mean, right? (more…)

Becky has a problem, but it’s a good one to have. She has carefully managed to put away a
sizable sum in her checking account that will more than help her get through a financial
emergency.

Sadly, a shocking 40% of Americans don’t have enough on‐hand cash to cover an unexpected
$400 expense, according the 2019 Federal Reserve Board Survey of Household Well‐being.
Knowing this, Becky is in good form ─ but her problem is that she’s getting next to nothing in
interest on her savings. (more…)