MoneyUnder30.com

Why We Bought Rental Property With A $40,000 Windfall

After inheriting $40k, the author bought a rental property rather than pay down student loans.

Deciding how to spend or invest a windfall is never easy, but for us, the choice was clear: Rather than play the stock market or pay off student loans, we got into real estate.

Condo Financing is Different

Are you considering getting a mortgage to buy a condo? Read this first. As a Realtor, I know that condos are popular among first-time home buyers. After all, the average condo costs less than the average single-family home. (In March 2011, the average sale price of a condo in the U.S. was $153,000 compared to […]

How Much Do You (Really) Need in an Emergency Fund?

36% of full-time employees in the U.S. have less than $1,000 saved and 46% have less than $5,000.

One of my goals for this blog is to try to provide authoritative answers to some of the most commonly asked questions about money. One such question is: “How much do I need to save in an emergency fund?” We have an emergency fund calculator that can give you a sense of how much to […]

Invest In Yourself

Have you invested recently…in yourself? If so, leave a comment describing how you invested in yourself, how much it cost, and what you think you’ll get out of it. (Share how you’ve invested in yourself here ») WHY I ASK This week I’m at a conference in Atlanta for my day job, which is selling […]

The Best Mutual Funds and ETFs for New Investors

A few weeks ago, I wrote a post about the best places for new investors to open investing accounts. But a complementary decision (and, perhaps, a more important one) isn’t where to invest, but how. I began to answer that question recently as well, in my review of The Investment Answer. It’s a book that […]