Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

Wealth Manager vs. Financial Advisor: What's the Difference? Learn the differences that may exist between a wealth manager and financial advisor -- both are professionals who can help you manage your money smarter. How to Cancel a Life Insurance Policy Photo of Lance Cothern Lance Cothern How to Cancel a Life Insurance Policy Life insurance is an affordable tool to protect your family financially should you... 7 Factors to Consider Before Retiring in a Different State Photo of Lance Cothern Lance Cothern 7 Factors to Consider Before Retiring in a Different State After decades of hard work and diligent saving, you’re finally about to retire.... 5 Ways to Invest in Gold for Portfolio Diversification Learn about the different ways that you can invest in gold, including physical gold, stocks, mutual funds and more, for the purpose of diversification. What is the Cash Surrender Value on a Life Insurance Policy? Find out what the cash surrender value means in relation to your life insurance policy and the different ways that it can affect your policy and your finances. How to Open a Brokerage Account for a Child to Invest Photo of Lance Cothern Lance Cothern How to Open a Brokerage Account for a Child to Invest Helping your children learn about how to manage their money is a great... Best Life Insurance Options for Seniors: Get a Policy at Old Age Photo of Lance Cothern Lance Cothern Best Life Insurance Options for Seniors: Get a Policy at Old Age Sometimes seniors feel the need to purchase life insurance. Whether you want to... Should You Pay Off Your Mortgage or Save for Retirement First? Find out whether it is a smarter financial move to focus on paying off your mortgage or on saving for retirement. Compare the pros and cons of each option. Multiple IRAs: Why You Might Consider Diversifying Tax Benefits Find out about the pros and cons of having multiple IRAs - such as a combination of traditional and Roth IRAs -- for diversifying tax benefits. Inheriting a 401(k): How to Manage the Assets Photo of Lance Cothern Lance Cothern Inheriting a 401(k): How to Manage the Assets Inheriting a 401(k) often comes at an unfortunate time. Someone close to you...