My nephew is looking to lease a solar system for his house. He’s narrowed it down to two options that offer equivalent systems. The question is the pricing structure. One has a low starting monthly payment, which increases each year, and the other has a fixed monthly payment. Which to choose? Here’s a spreadsheet that compares … Continue reading Pay me now or pay me later
Ever noticed cell identifiers with dollar signs in them? Things like $A$1. Sometimes they’re in formulas. Sometimes you select a cell for a dialog box and it shows you something with dollar signs. What’s that all about? You might try the formulas =A1, =$A1, =A$1, and =$A$1 and find they all give you the same … Continue reading What’s with the dollar signs in Excel formulas?
You’ve just been given a $1000 bonus and you want to save it for retirement. What’s the best place to put it? The difference is in the tax treatment. First, let’s take a look at what happens if you put it in a standard investment. Say your current tax bracket is 25%, but you figure … Continue reading Standard IRA or Roth IRA?