Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education.

Retirement Home

Downsizing Mistakes People Make in Retirement

Retirement / By / 5 minutes of reading

Many people decide to sell their current homes as a part of preparing for retirement. They want to buy a smaller house where their life will be simpler, utility bills will be lower, and maintenance will be easier. However, if they are not well informed, they can get much less profit than they have hoped for. Here’s a list of common mistakes people make when downsizing in retirement and ways to avoid them.

Downsizing Mistakes People Make in Retirement Read More »

Selling Rental Property

The Complete Guide to Selling Rental Property

Real Estate / By / 5 minutes of reading

There are many different reasons why you might decide to sell your rental property. You could be tired of being a landlord, you might want to buy a second home, or you might be in dire need of some quick cash. No matter the circumstances, there are a few steps to follow if you decide to go down this road. The good news is that selling a rental property will be much like selling your typical residence – with a few tweaks here and there. You don’t have to struggle to find out what they are, as we are more than happy to share them with you.

The Complete Guide to Selling Rental Property Read More »

House hacking

Best Real Estate Investments for First-Timers

Real Estate / By / 6 minutes of reading

Historically real estate investments have been American’s best long-run investment.  However, this has been primarily for their own residence. Homeownership is considered a low-risk investment that has a high potential for return and growth. However, starting out with other types of property investments seems challenging and complicated. Luckily, when you

Best Real Estate Investments for First-Timers Read More »

Downsizing my home

Downsizing to Pay Off a Mortgage – Is it a Good Idea?

Real Estate / By / 5 minutes of reading

Being in debt is never pretty. Most people desire to own their own property at some point in their lives. Once that happens, those same people will probably have to take out a mortgage in order to be able to afford a house. That’s just the way things work. Of course, later on, if you are in a good state financially, you can even decide to buy a second house. It doesn’t matter how many properties you own – unpredictable circumstances, such as losing your job, could shake you up financially. That’s when you will start to look for a way out of your debt. Once that thought starts swarming around your head, the thought of downsizing to pay off a mortgage is bound to follow. But is downsizing a good idea? Well, there are probably a lot of expenses involved that you haven’t considered.

Downsizing to Pay Off a Mortgage – Is it a Good Idea? Read More »

Teaching Kids about money

Teach Your Kids to Budget Money Effectively

Education / By / 5 minutes of reading

Whether we like it or not, money plays a big part in our lives. While most people think financial wealth requires a lot of good luck, the reality is it’s all about the skills you have and how you use them. If you teach your children how to take care of themselves, why not teach them how to manage their finances as well? You might be thinking it’s too early to face them with the harshness of the real world. However, the sooner they learn, the better off they will be as adults, experts say. So, how exactly do you teach your kids to budget money effectively?

Teach Your Kids to Budget Money Effectively Read More »

Smart Finance Moves: Questions to Ask Yourself Before You Buy a New Car

Credit / By / 3 minutes of reading

Buying a car is a life-changing decision. It affects both your current and future life. Therefore, you need to ensure that the decision you make is the right one. You do not want any regrets months or years later when certain aspects of your current life change. Therefore, you should have some key questions in mind that will help you make the best decision.

Smart Finance Moves: Questions to Ask Yourself Before You Buy a New Car Read More »

Estate Planning

Wealth Transfer: Estate Planning

Articles / By / 3 minutes of reading

A will is a legal financial document that will allow you to distribute your assets to loved ones in the manner that you desire. Many people put off the task of making their will because it is a reminder of their own mortality and because it requires thoughtful, and sometimes difficult, decisions. However, if you take the first step, you will find that accomplishing this important task can be a gratifying experience. If you follow these tips, you will ensure that your will is ready to be signed and executed.

Wealth Transfer: Estate Planning Read More »

Scroll to Top