What You Need to Know About Credit Scores and Student Debt Refinancing

One of the dilemmas facing people who have large student loan debt is the difficulty in refinancing student debt. They seek to move their existing notes to loans with both lower interest rates and lower monthly payments. The problem is, refinancing generally requires either good or excellent credit. The credit score requirement may be too high […]


5 Reasons Never to Roll a 401k Into an IRA

A question came in on the Dough Roller Facebook group in regard to rolling a 401(k) plan over into an IRA: “I’ve got a 401K from prior job and 401K from current employer. Between the 2 I’ve got all the funds I need with good fee structure. But, I keep hearing roll the old 401K […]


Can You Really Pay Off Your Mortgage Early with a HELOC?

There’s a new strategy floating around the personal finance world: paying off your mortgage faster with a home equity line of credit, commonly known as a HELOC. The strategy alleges that you can pay off your mortgage in just a few years. Will it work? On paper it’s brilliant, but I think most of us […]


How to Get Rid of PMI

There are various ways to get rid of PMI, a.k.a., private mortgage insurance. A reader posted this question on Facebook: “Anyone have experience with getting a new appraisal done in order to remove PMI? We bought our house in 2012, have 87% LTV at the purchase price. I THINK the value has gone up enough […]


7 Ways to Give Stock as a Gift

Instead of giving a gift that will end up in some garage sale in two or three years or a gift card that will enable the recipient to purchase an item destined for the same fate, consider giving stock as a gift. Stocks hold their value better than more traditional gifts and even have potential to increase in […]


The Pros and Cons of After-Tax 401k Contributions

After-tax 401(k) contributions are unfamiliar to most people since employers don’t typically offer the option. But, some employers do, and after-tax 401(k)’s may be gaining in popularity. We were inspired to write about the topic based on the following question from a reader named Josh: “I just started a new job this week and on the 401(k) […]