This week’s question comes from Ethan: I’m about to inherit a little bit of money. I’m 45 and have a wife and two kids. This money is not enough to retire, but it’s enough to be life-changing. I was able to pay off my student loans, for example. I will have enough to pay off
It can be difficult to decide what would be considered a ‘sensible’ use of money. Naturally, most people try to save whatever money they have left over after paying for all of the essentials each month. However, though saving money is important, it is not the only good use of each months paycheck. You need
At The Motley Fool, we’ve talked a lot about how to invest money for kids before college — how much you need to put in your education savings fund, where to put it, and how to supplement those 529 plan savings. Today I want to talk about something just a little bit different: how to
Do you feel hesitant to put more of your money in the market because it feels like a gamble? Even seasoned investors can get nervous about investing their hard-earned money because all investments come with risk. And for most people, the thought of losing the money you worked hard to earn is far more painful
As an adult, financial advisors and those that have gone before you have no doubt emphasized the importance of investing your money. After all, in terms of your financial goals, your children’s, and your future, sufficiently putting your income towards investments can equate to an all-around better future. Of course, as any financially-aware individual knows,
In business, we sometimes have this chicken or egg situation where it takes money to make money. More specifically, every small business needs to make investments in order to keep growing. This requires putting money down in hopes of a return. While there are several ways to get funding, many small business owners are bootstrapping.