1,639 results found
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What I wish I knew about money when I was younger
To celebrate Financial Literacy Month, Old National Wealth Management team members share what they wish they knew about money when they were younger.
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5 Steps to Retiring Early
Early retirement is becoming an increasingly popular financial goal for many Americans. The FIRE movement — Financial Independence, Retire Early — has gained traction in recent years, and more people find themselves aggressively saving with the hopes of leaving the workforce in their 40s or 50s rather than their 60s or
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6 Ways to Pay Off Credit Card Debt Fast
This is a great time to get out of credit card debt. The economy is starting to work its way back to normalcy following the COVID-19 pandemic, and the average American’s personal savings rate has jumped to record levels. Still, many people are stuck with high-interest credit card debt — a burden that will only worsen w
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How Parents & Grandparents Can Help Fund A Child IRA
Congratulations! Your child has a job! Now what? How about a Child IRA? Your child won’t be thinking of this, but you should.
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Taking a vacation on a budget [outline]
A vacation—be it a week in an exotic locale or time off at home—provides a well-deserved break and a chance to reset. This is why the finances of taking vacation shouldn’t be stress-inducing. In fact, there are a host of vacation options depending on your budget. This piece will discuss several key components of vacati
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Using A Solo 401(k) For The Soon-To-Retire Entrepreneur
The Roth IRA Peter Thiel used to amass billions in tax-free dollars has renewed interest in using tax-advantaged retirement plans as a means for accumulating wealth. What hangs up entrepreneurs is they don’t want to set aside wealth only to have it be taxed away. Whether you think of this as greed or good business, tax
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Want To Leave Your Kids An Inheritance? They May Only Have 10 Years To Take It.
The Secure Act, which was signed into law in December 2019, brings about several major changes to the retirement system. One such shift marks the end of so-called “stretch IRAs” for non-spouse beneficiaries who inherit a retirement account after 2019. Although there are a couple of exceptions, starting in 2020, most ad
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How to Use Rent Payments to Increase Your Credit Score
Are you one of the over 40 million people currently renting? Here’s a little secret: it can help improve your credit score. Like it or not, your credit affects just about every aspect of your financial life. Whether you’re trying to buy a house, a car — or even a fancy new phone, your credit score is the first thing le
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Leveraging Your Home’s Value for Home Renovations
For many homeowners, their house is their most significant asset, and seeing its value increase over time is always encouraging.
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What's the Best Way to Tackle Debt? Comparing Balance Transfer Cards vs. Loans
If you have a significant amount of debt, it can make everyday life stressful. It may feel like you're never able to get on top of your finances. This is especially true if you don't know how to pay off debt.