31 days to financial independence (day 15): Trimming your spending – apparel and services

Trent Hamm •
The Simple Dollar

Here’s the “average American family budget” that we’re looking at: Housing – $10,080Transportation – $9,004 Taxes – $7,432Utilities – $7,068Food – $6,602Insurance (including things like pensions) – $5,528Debt Payments – $5,252Healthcare – $3,631Entertainment – $2,564 Cash Contributions – $1,834 Apparel and Services – $1,604 Education – $1,138 Vices – $775 Miscellaneous – $664 Personal Care

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Here’s how much your credit score impacts your mortgage and auto loan rates

John Ulzheimer •
The Simple Dollar

When you apply for a new loan, the most influential factor in determining your interest rate is your credit and, more specifically, your credit scores. Other factors certainly matter during your loan’s underwriting, such as your income and employment history, but the importance of your credit scores cannot be overstated when a lender decides which

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4 retirement planning pitfalls to avoid

Riverbend Financial Group, president, Andy Burdsall, and Investment Adviser •
Kiplinger

Often, prospective clients come in to my office and ask me, “Can I retire?” Unfortunately, there is no magic age or value or equation that allows everything to work perfectly and can give them a straight answer to that question. There are lots of ways to find retirement success. What I am typically more concerned

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Is the financial advice you’re getting a trick or treat?

Cypress Partners, Ria, Founding Partner, and Pete Woodring •
Kiplinger

Over the last decade, investors have grown savvier, more sophisticated and more self-aware. Increasingly, they are rejecting the product-centric, obscure, sales-focused approach of brokerage firms in favor of the client-centric and transparent advice model of independent financial advisers. Not willing to sit by and watch trillions of dollars of assets walk out their doors, the

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