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.

Financial Goals in Your 30's

Managing Your Money: 5 Personal Finances Tips for Age 30 and Up

By the time you reach your 30s, you may have worked for several years, but have never really felt you’ve mastered the art of managing your money. The years after 30 are likely to bring increasing income, but also a number of expenses, such as a home mortgage, raising children and saving for college and retirement. You can develop solid money managing skills by remembering a few simple tricks for your financial health.

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Pay Off Debt

Plan for the Unexpected: 4 Ways to Prepare for a Financial Emergency

What would you do right now if you heard that a member of your family has an urgent medical emergency? Suppose the amount needed for the health bill was more than you could offer. You can’t just let them suffer. You need to find a way to help them. To avoid such problems in the future, you need to have a financial emergency plan. Here are 4 strategies that you can use to prepare for the unexpected:

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Cpap machine

Medical Equipment Costs: How to Deal with Abrupt Healthcare Expenses

Keeping up with healthcare costs can be tough for anyone. It can be especially difficult for people who have to manage expenses that have popped up seemingly out of nowhere. If you need to pay for rather expensive medical equipment items, however, there are options out there that can benefit you significantly. Medical equipment expenses don’t have to be the end of the world.

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Edison's First Light bulb

Home Repairs You Should Think about Saving up For

Everyone who has read anything about money management has probably heard that you need to have an “emergency fund” to cover unexpected expenses. But we rarely hear about the need to plan for “expected expenses”. Everyone knows that things eventually wear out and will have to be replaced but often we fail to consider how we will pay for them when that happens. Well run businesses call this type of planning a “sinking-fund”. So if they know some piece of machinery has a 20 year life expectancy they they will set aside 1/20th of the cost every year so in year 20 they can buy a new one. You should do the same thing for certain items around your home. Here are a few things you need to create your own “sinking fund” for.

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Teach Your Kids about Money

How to Teach Your Children to Save Money from a Young Age

Saving money is an important concept to understand regardless of your age. Recovering from financial mistakes can be disastrous. That’s why its important to stop them from occurring in the first place. If you’re a parent who wants to safeguard your children from future distress, you should teach them the value of smart financial practices.

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Credit Code

Want to Boost Your FICO Score? 4 Easy Steps to Help Make That Happen

Your FICO score is one of the top pieces of information that lending companies are going to look at when they are determining whether or not you are a good credit risk. A high FICO score can help you land lower interest rates and can keep you from being denied a mortgage, loan or other line of credit. If your score is not what you wish it were, there are a few ways that you can raise your score in two months or less.

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