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.

Should You Use Retirement Funds to Pay for College Tuition? Photo of Lance Cothern Lance Cothern Should You Use Retirement Funds to Pay for College Tuition? You were excited to share in your kid’s accomplishment -- until you saw the cost... Income Investing Guide: How to Invest for Steady Cash Flow Learn about income investing, which is a strategy to bring in cash flow from investments. Find out what types of assets can help you generate income. Power of Compounding: How It Helps Your Savings and Investments Learn about the power of compounding and how this phenomenon is so beneficial to your financial goals of growing savings and investments. IRS $600 Rule on Reporting Payments from Third-Party Apps Photo of Lance Cothern Lance Cothern IRS $600 Rule on Reporting Payments from Third-Party Apps The IRS requires companies to report certain payments to the IRS and the... Business Prepaid Debit Cards: How They Work Photo of Lance Cothern Lance Cothern Business Prepaid Debit Cards: How They Work You’ve likely seen or heard of a personal prepaid debit card. You can load it with... How to Set Up Power of Attorney for Bank Accounts Learn how to set up power of attorney for banks accounts as part of estate planning or protecting your assets in the event that you become incapacitated. Health Insurance Options for Retirees Under Age 65 Find out how you can get health insurance when you're retired and under age 65--consider and compare coverage options that may still be available to you. Got a Raise? Why Your Paycheck May Be Less Than You Expected Photo of Lance Cothern Lance Cothern Got a Raise? Why Your Paycheck May Be Less Than You Expected You finally got that well-deserved raise you’ve been hoping for. Before you... What to Know When Investing via Peer to Peer Lending Photo of Lance Cothern Lance Cothern What to Know When Investing via Peer to Peer Lending Investing isn’t an easy concept to wrap your head around. It gets more... How to Use Schwab Index Funds to Build Simple, Diversified Investment Portfolios Here are examples of 3 different investment portfolios (made up of low cost Schwab index funds) that a typical investor and retirement saver can use.