David's Articles at The Personal Finance Guide

Traditional IRA vs. Roth IRA: What’s The Difference? Which One Should I Choose?

Trying to between a Traditional IRA vs Roth IRA as a means of saving money for retirement? Here’s a list of the differences between Roth vs Traditional IRA, plus reasons to choose one over the other.

10 Ways To Take Better Care Of Your Finances This Year

If taking better care of your hard-earned money is one of your New Years resolutions, I’ve listed 10 ways to help accomplish it. Getting a hold of your personal finances will not only help save money, but it will help control debt and plan for the future.

What Automobile Insurance Coverages Do I Need?

Auto insurance coverage information that you need to know when choosing your automobile coverages including… liability limits for bodily injury and property damage, medical payments, collision, comprehensive, rental reimbursement, towing and labor.

Should My Child Have A Credit Card?

As a parent, the decision to give your child a credit card is an important one. Children need to understand the value of money before they have access to a line of credit. This article discusses some of the ways to teach children about money to ensure they do not rack up credit card debt in the future.

Home Phone Service – Is It Necessary?

Home phone service is one way to cut costs. As cell phones have increasingly become the main method of communication, home phone service has gone out of date. While the reliability of home phone service is greater than that of a cell phone, depending on your situation, a cell phone will usually suffice. In this article I’ve listed the factors to consider when deciding whether or not to keep your home phone service.

Homeownership – Renting vs. Owning

The decision to rent or buy a home is very important. As much as everybody wants to own their own home, sometimes it’s just not the right time. This article discusses the times when it may not be beneficial to own a home, but also discusses the advantages to owning a home, in order to help you make an informed decision.

Carfax… Is It Worth It? How To Get The BEST Vehicle History Reports

Did you know that you can get information on a used car before you buy it? A Carfax vehicle history report provides useful information on whether the vehicle’s title is clean, whether it’s been in an accident, any safety concerns, and average maintenance costs. However, If you find a carfax used car for sale, how do you know if the info is accurate? Here’s what you need to know about the reports.

How To Get A College Scholarship

College tuition is increasing every year. In order to pay for a college education for your child, you probably should start savings when they are very young. However, an option to help the burden is college scholarships. There are loads of free money out there to mitigate the cost, its only a matter of finding them. This article gives a few tips to completing that process.

How To Consolidate Your Student Loans

Student loan consolidation can be very cost-effective as long you know what to look for in a lender. This article discusses the benefits of consolidating your student loans and the best way to go about finding a lender.

How To Find A Lost Pension

If you’ve switched employers since you’ve begun working, you may need to locate an old pension plan. This is not easy, but the tips given in this article will make the processes much easier.

How A Federal Perkins Loan Works

The federal Perkins loan provides a way for those in financial need to pay for college. This type of student loan has a low flat interest rate and a long grace period.

What You Need To Know Before You Get A Stafford Loan

Stafford federal loans are a great source for student loans. While subsidized Stafford loans are only available based on financial need, unsubsidized loans are available to all eligible students. I’ve outlines the application process as well as current interest rates and loan limits.

Student Loans – How To Find The Right Loan For College

It is very important to know what kind of loans you are getting into when applying for student loans. By knowing a few questions to ask when researching loans, you are more likely to get the best loan for YOU.

What Is A Simple IRA?

The Simple IRA is a retirement plan utilized by small businesses which has low annual costs and minimal reporting requirements

Saving On Auto Insurance For Teenage Drivers

Auto insurance for teenagers can be very costly. To reduce your premiums, parents should be aware of several ways to bring these insurance premiums down.

How To Save Money On Tires For Your Vehicle: Costco!

How to save money on tires, wheels or rims for your car or truck.

American Idol’s Jordin Sparks, Net Worth, And Your Retirement

We examine the projected net worth of American Idol winner, Jordan Sparks, and how this can teach us a lesson in the time value of money and saving for our own retirement.

Term Life Insurance – Return of Premium Option

Term life insurance policies offering return of premium options are not good for the consumer in most cases.

401k vs. Roth IRA Retirement Accounts

Discusses the advantages and drawbacks or Roth IRA and 401(k) plans as they pertain to investments related to your job.

U.S. Savings Bonds

United States Savings bonds are a great way to invest money conservatively and can provide the opportunity to grow interest tax free. These bonds make a great gift for young children to hold on to and potentially use for college expenses.