Best Cities for Retirement 2017 | via Get Rich Slowly

Best Cities for Retirement - Get Rich SlowlyRetirees may have different tastes in culture and recreation, but there are some basic aspects of a retirement living environment that have fairly universal appeal. ranked the 20 best cities for retirement to help you decide where to spend your golden years, coming up with a diverse list, with choices that span across the country. There are some names on the list you might expect, and some that will probably come as a big surprise.

Methodology took into account the following criteria when deciding where retirees may want to put down roots:

• Personal safety
• Low property taxes
• An affordable cost of living
• A moderate climate

The study looked at where 113 major U.S. cities ranked on each of those criteria, and then averaged those rankings to come up with a list of the 20 best cities for retirement.

Continue reading “Best Cities for Retirement 2017 | via Get Rich Slowly”

Start Now, Don’t Wait.

Saving, that’s one thing most of us try to do but can’t seem to get a grip at it. That said its better late than never, so take that first step. 

I wish I had started putting away earlier but has no guidance and no idea as to how to go about doing it correctly. Luckily I found guidance from close friends and family over the last few years.
That said, here’s a great article I found recently that will put things into perspective. Take some time to better understand.

529 Plans vs. Prepaid 529 Plans | via Get Rich Slowly

Baby in graduation gown, holding a diploma for an article on 529 plans

Saving for college is daunting enough, but as any parent of college-age kids can tell you, you also need to learn a whole new vocabulary — FAFSA, 529 plans, Coverdell accounts.

It can be a lot to process. One common question is the difference between a 529 plan and a 529 “prepaid” plan. While pre-paid plans aren’t nearly as common as they used to be, it’s important to know the difference. Here’s all that you need to know:

Continue reading “529 Plans vs. Prepaid 529 Plans | via Get Rich Slowly”

How to use credit cards to rebuild credit | via I Will Teach You To Be Rich

Credit cards are convenient enemies. Almost everyone has a bad story about late fees, unauthorized charges, or overspending.

Pay off credit meme
Pay off credit meme

Not surprisingly, many pundits (and parents) have a knee-jerk reaction to credit cards: “Using credit cards is the worst financial decision you can make,” they shout. “Cut them all up!” What an easy battle cry for people who want simple solutions and don’t realize the benefits of multiple sources of credit. Continue reading “How to use credit cards to rebuild credit | via I Will Teach You To Be Rich”