Average Joe’s Money Blog


-Our resident bloggers, AverageJoe and OG, writes what informative and interesting posts at least three days a week.

Monday through Thursday - They bring financial planning news, strategies and tips.

On Fridays Joe shares his choice for the Blog Post of the Week!, where he crowns a blog writer as the winner in his soon-to-be-esteemed competition.

Don’t Be Afraid to Refinance: 6 Options to Meet Your Financial Needs

Posted by on 3:54 am in Featured, Tax Planning | 0 comments

Don’t Be Afraid to Refinance: 6 Options to Meet Your Financial Needs

The 2008 recession did a number on the housing market. So many people were behind on their mortgage payments while others lost their homes entirely, and to top it all off, the unemployment rate was sky high. But amid the rubble, there’s a silver lining: Interest rates are lower than ever. Because of the circumstances surrounding the crash, the Federal Reserve System started buying mortgage-backed securities in 2008, which drove down the interest rates homeowners were paying. While those purchases have since ceased, the Federal Open Market...

read more

What’s the Difference Between Rich and Wealthy? #Podcast with Paul Sullivan

Posted by on 12:44 pm in Featured, Podcast | 0 comments

What’s the Difference Between Rich and Wealthy? #Podcast with Paul Sullivan

Podcast: Play in new window | Download On the Stacking Benjamins podcast today: Paul Sullivan (New York Times columnist and bestselling author) shares stories about people who can’t save on $2M incomes….what’s the difference between rich and wealthy? He shares inspiring AND train wreck stories. Link to SHOW NOTES at Stacking Benjamins....

read more

7 Commonly Overlooked Write-Offs to Consider for 2015

Posted by on 3:30 am in Featured, money management | 0 comments

7 Commonly Overlooked Write-Offs to Consider for 2015

Do you tend to cringe at tax time when the exorbitant liability or measly refund amount is revealed? Chances are your return is missing some tax deductions or credits you’re entitled to. However, determining your eligibility is easier said     than done, particularly if you aren’t well acclimated with tax law. But don’t fret. Here are some commonly overlooked opportunities that will open the door to tax breaks and possibly more money in your pocket: 1. Education Expenses Are you, your spouse or qualifying dependents enrolled in an institution...

read more

5 Tips to Prepare for Retirement

Posted by on 8:52 am in Featured, money management, Planning, Retirement | 0 comments

5 Tips to Prepare for Retirement

You may be young, but it’s never too early to prepare for retirement. According to a study via the National Retirement Risk Index (NRRI) and the Retirement readiness Rating, 43% to 52% of Americans are not going to live their retirement years in the standard they’d hoped, according to their current living standards? So what’s the best way to be prepared for the life you want to lead when you retire?  Start planning now. Check out the following five tips to do so. 1.      Contribute to an IRA or Your Employers 401(k) So...

read more

Is That College Degree REALLY Worth It?

Posted by on 3:30 am in Podcast | 0 comments

Podcast: Play in new window | Download Lydia Frank from PayScale.com joins us to talk about their new college ROI survey. College is an expensive investment. You might have to go into debt to graduate. Doesn’t it make sense to find out first whether that degree is worth it? If you aren’t worried at all about college, don’t worry….we’ve got stuff for you, too. PK is here discussing politics and investing. What’s the lesson we can learn from Chicago elections? You’ll find out. Joe & OG not only talk...

read more

How to Finance Your First Car

Posted by on 6:02 pm in Debt Management, Featured, money management, Planning | 0 comments

How to Finance Your First Car

According to NADA’s Annual Financial Profile of America’s Franchised New-Car Dealerships, dealerships sold or leased more than 15.5 million new cars and trucks in 2013. That accounts for a 7.5 percent increase from the year before. As car sales grow and everyone you know seems to be driving around the newest model, it’s tempting to jump in, buy it and speed off the lot with the wind in your hair. Despite the relative ease of purchasing a vehicle, it’s important to know your options, find the best financing available...

read more

Get Inspired: Business Successes

Posted by on 5:52 pm in Featured, Meandering, Productivity | 0 comments

Get Inspired: Business Successes

There’s no two ways about it, business can be hard work, whether you’re focusing on progressing up that proverbial career ladder or you’re looking at breaking away from the norm and starting something for yourself. At times, it can feel like your business plan is going nowhere – but don’t despair! Instead, it’s important to get yourself re-inspired. Whether that’s by enrolling onto a course that can help train your business acumen – something that London School of Business and Finance (LSBF) can...

read more

Tax Deductions: Yea or Nay?

Posted by on 6:43 pm in Planning, Tax Planning | 0 comments

Tax Deductions: Yea or Nay?

Tax season is here and filers, both individual and business, are digging through last year’s documents searching for ways to lower their tax liability or beef up refunds. While some of their findings may be completely legit, others could raise eyebrows at Uncle Sam’s headquarters. Here are some commonly claimed deductions, and the consensus regarding their legality. You might be surprised. Furry Friends Rover and Bruno may be your most prized possessions, but the IRS doesn’t necessarily share the same perspective. Simply put, four-legged...

read more

Four Ways To Optimize Your Personal Finances In 2015

Posted by on 3:30 am in Featured, Tax Planning | 0 comments

Four Ways To Optimize Your Personal Finances In 2015

As 2015 picks up steam, more and more people are hunting for strategies to optimize their personal finance picture. Is that you? If so, let’s tackle several techniques you can employ to make it happen. 1. Visit Your Insurance Agent. If you’re serious about optimizing your personal finances in 2015, be sure to visit your local insurance agent. I’m always surprised by the number of people who don’t think to find out what special deals and offers are available. One insurance agent friend of mine said that you should check...

read more

How and Why People Invest In Gold

Posted by on 11:23 am in Featured, Investing | 0 comments

How and Why People Invest In Gold

A reader recently asked me if they should invest their cash reserve in gold. Probably not…. Gold is a misunderstood investment. Some view gold as eternally safe (when it is anything but); some see it as a glamorous means to short-term gains; and some misunderstand the market entirely in terms of how, exactly, it moves in correlation (or not) with or against other asset classes. Let’s set some of these misunderstandings straight, shall we? Here are a few of the things that typically appeal to seasoned investors who tap into gold....

read more