2024 – Page 11 – Stitchwallet

Why It’s Fantastic That My Broker Allows Me to Reinvest Dividends

Why Investors Love to DRIP: Can I DRIP Stocks Too? We’ve often found out that you don't know you can do something until you ask. That's exactly what happened to…

stitchwallet May 17, 2024

Stocks

Can Stock Buy and Sell Signals Be Proven? A Deep Dive into the 10% Experiment

Ever since reading "The 3 Percent Signal" by Jason Kelley and debunking its claims in my post, I've been curious about whether buy and sell signals for stocks truly exist.…

stitchwallet May 15, 2024

Credit

A Credit Card Offer for My Nine-Year-Old Daughter: An Unexpected Invitation

Didn't Financial Institutions Learn Their Lesson Yet? Isn't it crazy how credit card companies target vulnerable people? The other day, I was stunned to find a credit card offer in…

stitchwallet May 13, 2024

Savings-budgeting

Incorporating College Savings for Your Kids into Your Financial Plan

Please don’t be upset with me. I’m genuinely happy that you’ve been following the advice on saving for retirement and other financial goals. But now I want to talk about…

stitchwallet May 11, 2024

Savings-budgeting

Pausing Your Passion Projects

My family often gets asked about the sacrifices we made while paying off over $20,000 in credit card debt. Usually, I tell people about how we canceled vacations, stopped eating…

stitchwallet May 11, 2024

Savings-budgeting

Here’s Why Emergency Funds Are Essential – Especially for Unexpected Car Repairs

**Car Repairs Are the Worst: Why You Need Emergency Money** Think that having $1,000 in your emergency fund is enough? Think again! Normally, I don’t talk much about this, but…

stitchwallet May 10, 2024

Insurance-planning

Is an Irrevocable Trust the Solution to Creating a Financial Legacy?

Planning for the future can be overwhelming, especially when it comes to deciding whether to create a will or set up a trust. Through my experience, I've found that even…

stitchwallet May 8, 2024

Insurance-planning

Reasons to Consider a No-Exam Life Insurance Plan

Why do we put off buying life insurance? It might be because it seems complicated, we’ve heard bad stories about it, or we don't know what kind to get or…

stitchwallet May 8, 2024

Savings-budgeting

Smart Ways to Utilize Surplus Funds in Your Budget: Top 3 Options

### Understanding the Impact of Extra Principal Payments At the start of each new year, I dive into our budget to see where we can make the most of our…

stitchwallet May 4, 2024

Stocks

Challenging the Criticisms of Peer-to-Peer Lending

### Argument #1: Concerns About Collateral **Common Concern**: "What happens if the borrower defaults? These loans have no collateral!" Yes, it's true that P2P loans are unsecured and without collateral.…

stitchwallet May 3, 2024