Some of you may be aware that the Dept of Labor recently passed a revision to how retirement accounts must be managed, applying a Fiduciary rule to the management of these accounts.Previous to this adjustment, such accounts were subject to the ‘Suitability’ rule. Suitability vs Fiduciary – regarding financial ‘advice’ Steve walks into a bank and […]
When a dollar saved is not a dollar earned
You’ve likely heard the adage, that a dollar saved is a dollar earned, or indeed two dollars earned, but how does this amazing phenomenon occur really, and is it ‘magic’ like compound interest, or something else entirely? My $175 LessonLast year I signed up for the Amex Business Rewards Gold credit card with a 75,000 […]
Credit Card links!!!
Update- in a seemingly unrelated incident, we no longer have access to credit cards affiliate links. As you know, we at Saverocity love credit cards, and hope you do too. As a reminder, we offer a sophisticated array of cards through our link saverocity.com/creditcards which should appeal to the most discerning palate.It came to our attention that […]
How To: Book your first trip to Lithuania (or anywhere)
I came across a tweet earlier this week from an academic in the planning world over at Kansas State University. He has a buddy who is trying to get to Lithuania to present his work on a recent paper. They decided to set up a Go Fund me to help support the trip, the link is […]
Barclay Launches 1.5% Cash Back card – our in depth review!
There’s a new player in the cashback space, and in a break from the norm, they named it cash forward. My initial analysis is that this is very similar to the 2% cards offered by Citi and Fidelity, with the major difference being that it offers 1.5% instead of 2%. There is also a 5% […]
Forward Shifting Spend
Forward Shifting is a concept that allows us to prepay for certain items now, in order to reap present day benefits. A good example of this in personal finance is to over pay state income taxes, because your annual Federal deduction is calculated by the question “How much did you pay this year?” rather than “How […]