MyBankTracker Blog - Page 20

Learn the step by step process of setting up a backdoor Roth IRA to help taxpayers who've reached the income limits to qualify for contributions. Find out what taxes you are responsible for paying when you convert a traditional IRA....

Learn how you can invest in the water industry by buying stock in water-related companies, such as utilities, tech firms, bottling/beverage producers.

Are you ready for kids but aren't sure if your money is ready? Here are six things to help you understand if your finances are ready to start a family.

Learn about the withdrawal rules that apply to Roth IRAs so that you can withdraw your retirement savings without incurring any penalties (or taxes).

Going to school overseas can be an invaluable experience but if you're planning on taking out loans, you have to understand what the true cost of borrowing is.

Learn how to add another driver to your car insurance if someone else will have access to your vehicle. Find out if other coverage options exist.

Learn how private mortgage insurance (PMI) works as it relates to down payments and your monthly mortgage bill. Find out if it is required for your home loan.

Learn what you can do when you're struggling to make your mortgage payments, including options to tweak your home loan and monthly payments.

Learn the difference between variable rates and fixed rates when it comes to the interest rates for your student loans. Find out how each type of rate affects the amount of interest charges that are incurred on a monthly basis....

Find out why penny stocks are dangerous investments that you should avoid when considering scams, costs, and risks involved.

News headlines are always full of stories about how people just aren't saving money but media scare tactics alone aren't enough to drive up the savings rate.

Learn how no-cost mortgages or refinancing works to help avoid the costs and fees of closing on a home loan. Also, find out if it is actually worth considering.

Learn how balloon loan payments work when it comes to the amortization schedule and monthly payments towards a mortgage, auto loan, or commercial loan.

Restraint bias: one of the least talked about and sneakiest ways we can get into financial trouble. Here‘s how to identify and conquer it so you can reach your goals.

Find out how day trading works to see if this way of investing is the right approach for you based on your risk tolerance and knowledge of stocks.