Minimize Risk With LendingClub’s 60-Month Notes

Recently, I’ve started to invest more in LendingClub notes. The interest rates you can earn at LendingClub are significantly higher than even a high yield savings account or CD, and p2p lending is a good way to diversify an investment portfolio. But there is a significant downside with this strategy–risk. Investing in consumer loans involves […]

Should You Take the Annuity or Lump Sum Payment?

Congratulations!  You just won the lottery! Now comes the difficult question of whether to accept your winnings in installments over a long period of time or to take a lump sum payment. This might seem like a ridiculous question to ponder, since you have a greater likelihood of becoming president or dying from an asteroid […]

A Beginner’s Guide to 401k Retirement Accounts

In all likelihood, you will have to deal with a 401(k) at some point in your life.  The good thing is they are fairly straightforward and investing in them is easy and potentially very profitable.  Understanding the basics of a 401(k) might prove very beneficial. 401(k) Basics Let’s start with the simple definition.  A 401(k) […]

What is IRS Tax Form 1040EZ?

It’s a new year, and for millions of Americans, that means anxiously awaiting the arrival of tax information forms and beginning the arduous annual process of filing a tax return. Depending on your tax situation, you may use any of three forms to file your taxes: Form 1040, 1040A, or 1040EZ. Form 1040EZ is frequently […]

Eating Healthy Is No Cheap Task

I wouldn’t consider myself a health nut by any stretch of the imagination.  In fact, up until the point I graduated college, I would have to categorize myself as anti-healthy.  Even though I was extremely active and played tennis, baseball and golf throughout high-school and college, it was the food that I liked to eat […]

When is a Closed Credit Card Account Balance Due?

Thinking about canceling a credit card? Wondering what that will do to the balance or payment schedule? Wondering whether you have to pay the balance first? Or, are you facing the frightening possibility of credit card default? As it turns out, closing a card is relatively easy, regardless of whether or not you have an […]