stitchwallet – Page 9

Deciding Between Term and Permanent Life Insurance – A Detailed Comparison, Part 2

In the first part of our discussion, we compared Term and Permanent Life Insurance. Term Insurance is cheaper but has an expiration date and gets pricier over time. On the…

stitchwallet June 14, 2024

Stocks

Weighing the Benefits and Drawbacks of Using Brokers to Sell Your Annuities

Sometimes your investments don’t turn out as you planned, and you might decide it’s time to sell your annuities. Selling a structured settlement can be challenging, mainly because you need…

stitchwallet June 14, 2024

Savings-budgeting

Mastering Your Finances: Step 1 – Tracking Your Spending Habits

This article isn't one of those typical “how-to” guides that urge you to track every purchase you've ever made because that usually just ends up wasting time. Tools like Mint.com…

stitchwallet June 14, 2024

Mortgage-refinance

Journeys in Refinancing: Chapter 5

I'm thrilled to share that we've finally wrapped up our journey to refinance our mortgage. As of Monday, we closed on a new mortgage through the Home Affordable Refinance Program…

stitchwallet June 13, 2024

Savings-budgeting

My Journey to Scoring Complimentary Flights and an Exceptional Travel Strategy Tool

I just scored a set of free flights for next year’s vacation, and I’m thrilled about it! This year, I spent nearly $2,000 on flights alone for our family trip.…

stitchwallet June 12, 2024

Savings-budgeting

Optimal Strategies for Growing Your Rainy Day Savings with Minimal Risk

Having a solid emergency fund, or rainy day savings, is crucial for financial health. Some experts, like Dave Ramsey, suggest starting with as little as $1,000. However, it's more common…

stitchwallet June 11, 2024

Savings-budgeting

Crafting Your Ideal Financial Blueprint: A Comprehensive Guide

How much thought have you put into your financial plan? From my career observations, it's clear that successful businesses have a solid financial plan at their core. We could all…

stitchwallet June 11, 2024

Insurance-planning

When Should You Consider Dropping Collision and Comprehensive Coverage?

Are comprehensive and collision insurance required by law? Why would you even consider getting comprehensive and collision insurance? Deductibles Results Observations Consensus Have you ever thought about when to drop…

stitchwallet June 10, 2024

Stocks

The Superiority of Total Return Investing Over Dividend-Focused Approaches

**Investing Explained: Why Total Return Investing Could Be Your Best Bet** **Understanding the Basics:** If you've been following the investment scene since 2008, you probably know about dividend investing. This…

stitchwallet June 8, 2024

Stocks

A Guide to Understanding and Investing in Mutual Funds

What's stopping you from investing? Is it stocks? Do they terrify you? If they do, I totally get it. All the uncertainty at the beginning can be daunting! Which stocks…

stitchwallet June 7, 2024