Personal Finance

Should you keep all your accounts, loans and investments at one financial institution, or spread them around? When I worked for a bank, when I had a new customer referral – for a mortgage, say – the goal was to transfer in all of their financial accounts. The reasoning behind this was that it would be more difficult to leave the bank once everything was set in place, and it’s true…

Confessions: My Financial Sins – It’s great to write about financial success stories and wisdom from past experiences. Paying off debt, building a growing stock portfolio, and sticking to a budget are all part of my road to financial success. However, there are some things that should also be part of my financial plan, and either I haven’t got around to it, or I don’t believe there is a great need for it at this time. It’s time to confess my financial sins. I don’t have an emergency fund. I don’t have a will. I don’t have adequate life insurance…