Author name: Molly Ford-Coates

Yes, I’m sure you open an IRA so you can secure money for your retirement years. However, what happens if you needed to access that money prior to turning 59 1/2? After all, there is such a thing as “life’s curveballs” (as I like to call them). Taking money out prior to this magical age […]

I wrote a blog post a bit ago about 529 savings plans. (Find it here) I believe they are great savings vehicles when it comes to saving for college. No, it’s not the only option, but a great one nonetheless. I gave a brief overview of them and wrote about the benefits of using one.

As people approach retirement age, many wonder how else they can be growing their retirement account. Maybe they started contributing later in life and are now worried. Maybe they underestimated how much they need to save. In any case, there is a silver lining! Making catch-up contributions are a way to add more money to

You’ve probably heard of the “You Only Live Once” mindset. And you’ve probably heard of the “Fear Of Missing Out” mindset as well. These YOLO and FOMO attitudes can be detrimental to your financial health and stability! Fun comes before importance. Too many people follow this, and because they do, they are living beyond their

A 529 plan is an investment plan for the purpose of education. It can be used for K-12 or for college. Every state has a plan, but as you will see, the advantages (particularly the tax advantages) vary from state to state. Here are 6 things to know about 529 plans. Different Investment Options As

There are some startling and scary personal finance statistics out there! Here is one site. Here is another. And here is a third. Pretty eye-popping, huh? I could continue, but I’m sure you get the picture. Whether you believe more people are learning how to be responsible or less people are, the truth is, there

Identity theft happens when someone steals your personal information – like Social Security number, bank information, or credit information – and uses it to commit fraud. As technology becomes more savvy, it seems like hackers and thieves have also become more savvy. Identity theft can have devastating effects on your credit, your bank balance, and

“A journey of a thousand miles begins with a single step.” ~Lao Tzu I love this quote because in this world of instant information at our fingertips, we need to calm down, breathe, and remember that all starting – no matter what it is – begins with but a single step. For those that are