Throughout our lifetimes we all make mistakes. Some of them are big mistakes. There is not a single person you could talk to that has not made some sort of financial mistake. However, being prepared can help you to lessen the impact of those mistakes, and hopefully avoid them all together. When people get married,…
The idea that money puts a wrench in your plans for marital bliss isn’t exactly a groundbreaking one. Money woes, stress and arguments can taint even the happiest of marriages, especially if you and your spouse aren’t on the same financial page. To combat some of the battles you fight over your bank balance, it’s…
The goal of retiring some day is to be in a position where you no longer have to earn a living. While some people do so by creating passive income from affiliate marketing (or multi-level marketing), and some people have a knack for creating websites that can basically run themselves, most people get to the…
Many people who are visiting One Smart Dollar will have already taken the steps to set up a savings plan. But there are always those who need encouragement, and there are often new readers that have yet to see just how easy it is to start saving. There is a right way to design a…
Jason is a financial advisor and Dave Ramsey-trained counselor that blogs over at WorkSaveLive. He aims to educate his readers on a variety of financial topics while sharing his family’s journey out of debt. Having been saddled for the past 6 years with over $80,000 of student loan debt (as a family), I have a…
A diversified portfolio is one that will be better suited to weather financial storms. Most people make sure to include some stocks and bonds. Those who are a little better will include small cap, mid cap, large cap and international funds. Something that many people leave out of their investment portfolio is real estate. This…
I always tell people that the first thing you should do once you pay off your bad debt (everything besides your mortgage), is to start building up an emergency fund. This will help to reduce the risk of falling into debt again. What is an Emergency Fund? An emergency fund is an amount of money…