Barbara Friedberg's Blog: Barbara Friedberg Personal Finance, page 18

Get Wealthy by Giving – A Guide to True Contentment

Get Wealthy-Beyond Money

“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” Oprah Winfrey from Brainyquote.com

In my youth, whenever something bad happened, my mom and dad said, “Well, it could be worse.” I’ve grown accustomed to training myself to jot down things I’m grateful for every day. Searching for a beautiful nugget in the worst situation can tweak your focus from what you lack to the abundance in...

Don’t Fear the Stock Market (And Other Personal Finance News)

The world of personal finance is so rich (pun absolutely intended): from retirement advice to side hustles, and robo-advisors to the stock market, personal finance bloggers have something for everyone at any stage of their financial journey. This post roundup features many different viewpoints from the personal finance community.

FIRE (Financial Independence Retire Early) is one of the current movements in the personal finance world. Everyone wants to know how they can liberate themselves fro...

OnTrajectory, the ‘Google Maps’ of Financial Planning Answers the Question; Can I Retire Early?

Can I Retire Early? Get the Answer

Big and even small regular expenses can sabotage a comfy retirement.

Are you curious about how decisions about car purchases and lattes, might affect plans for retirement?

Maybe you’ve never thought about the relationship between your new car and your retirement date.

Can I Retire Early? OnTrajectory Shows If You’re On Track for Retirement What is OnTrajectory and How Can it Help Me?

OnTrajectory.com is a “fin-tech” startup helping you map your current an...

15 Best Ways to Withdraw Retirement Funds – The Right Way

By, Qplum Content Team

Smart and Easy Ways to Withdraw Retirement Funds

Most of us look at retirement with both a sense of anticipation and a feeling of dread.

It is not easy to transition from accumulating wealth to suddenly managing years of withdrawals.

Before you experience the joie de vivre, it would be prudent to consider chalking out a drawdown strategy that works for you.

You have worked hard to accumulate wealth. You need your wealth to last through your life without running out.

Kno...

How to Choose Mutual Funds? Reader Question

John, a loyal reader wants to know how to choose mutual funds.

How to Choose Mutual Funds

“I would like your opinion and advice on how I should allocate my investments and my daughter’s investments among mutual funds. Both our accounts are with Fidelity. I am 56 and plan to retire at 60. I have $400,000 in IRAs (Traditional and Roth). My daughter is 24 and has $65,000 in an individual acct and $50,000 in both Roth and rollover IRA. There are so many funds to choose from and I feel overwhelme...

Best Way to Play the Lottery (You’re Not Going to Like it)

Playing the Lottery and Investing

The lottery pot is the biggest it’s ever been. And lines are forming to buy a ticket.

Yet, the best way to play the lottery is using another approach. After all, aren’t you playing the lottery to get rich? Here’s a way to get rich with a greater probability of success than playing the lottery.

If you are a lottery player, I want to help you.

If you put $50 per month in the lottery over 10 years, you will have spent $6,000.

The odds of winning the powerball o...

26 Creative Ways To Make Money Fast – Unique Side-Hustle Gigs

New Creative Ways to Make Money 

At age 16, I wanted a job. So I did what any 16 year old would do before the internet, I looked at the employment section in the newspaper. It’s hard to imagine a time before the internet, where jobs were listed in a newspaper.

Since I was in high school, I couldn’t work during the day. So an Avon sales ad caught my attention. No age discrimination and I could make money in high school!

I applied, got my territory and ordered my sample supplies.

For those that...

7 Secrets to Becoming a Millionaire – at Any Age

How To Become a Millionaire at any Age

Conservative retirement estimates indicate that most people need at least a million dollars at retirement. This is a daunting number for sure, especially for people who didn’t begin saving at the ripe age of 16.

Never fear! It’s not to late to start learning how to become a millionaire. Like any big goal, breaking it down into bite-sized steps makes it more attainable. And, you don’t need to earn big bucks to end up with a million dollars! There are stor...

5 Saving for Retirement Essential Action Tips

5 Tips to Saving For Retirement from a Financial Advisor

By, Clint Haynes

Saving for retirement is a financial responsibility that nobody can afford to overlook. Unfortunately, millions of people will reach their golden years with far less money than they will truly need.

In the vast majority of cases, these problems can be attributed to lack of financial education and believing social security will be enough. The days of relying on just social security and a pension are long gone.

So, what c...

Are Bonds a Good Investment Now?

A reader wrote in and asked, “Why should I invest in bonds? After all, the yields are low and don’t bond values drop as interest rates rise?”

I started investing in bonds in my mid 20’s and have enjoyed their dividends for years. When interest rates were high, I even received double digit bond interest (coupon) payments – can you believe that today?

Understand the importance of bond investing. Learn why bonds remain a good investment today.

Investing in Bonds for Beginners

“Are bonds a good...