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Neal Frankle
Neal Frankle is a Certified Financial Planner in Los Angeles and blogs over at and He writes to help others make smarter financial decisions so they can enjoy their lives more. He's been in financial services business since 1986 and has been interviewed by the Wall Street Journal, Investors Business Daily, Business Insider, Consumer Reports, Smart Money, The Chicago Tribute, The Los Angeles Times, Forbes and

Entries by Neal Frankle

4 Credit Fixes That Actually Work (That Nobody Uses)

(12) Comments | Posted February 17, 2015 | 8:06 AM

It can be frustrating trying to correct your credit report. You can do everything by the book and still come up short. As a result, many consumers just give up.

I can understand the frustration but it's usually an expensive mistake to throw in the towel. Government...

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Should You Pay Down Debt or Invest?

(4) Comments | Posted December 19, 2014 | 4:18 PM

You work hard to pay off your debt and you probably feel pretty good about it. And you should feel good about it. Still, there might be a nagging thought at the back of your mind: "Maybe I should invest rather than pay off all this debt." It's a good...

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5 Steps to Loan Money to Your Kids and Actually Get Repaid

(0) Comments | Posted October 7, 2014 | 1:05 PM

Over the last 30 years, I've met thousands of people. And I haven't met many who would deny their children if they were in need. As the father of three, I understand the sentiment. But as a professional, I can tell you that handing out support to your offspring can...

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How Upcoming FICO Credit Score Changes Might Rock the Economy

(8) Comments | Posted August 25, 2014 | 12:40 PM

Will FICO Score Changes Smack The Economy, Real Estate and The Stock Market?

Starting this fall millions of people who up until now had lousy credit scores could see their FICO ranking dramatically improve almost overnight. As a result, they may have access to credit that was otherwise unavailable to...

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You Need Less Than You Think to Retire

(0) Comments | Posted August 1, 2014 | 5:55 PM

Financial experts near and far suggest that you'll need millions in order to even dream of retiring one day. Phooey. With proper planning, some flexibility, and a little of out-of-the-box thinking you can easily retire with far less than you think.

The Approach
Successful retirement requires a balance of...

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How '20-Somethings' Can Get Out of Debt Pronto

(0) Comments | Posted March 19, 2014 | 2:41 PM

If you are in your 20s and in debt it can seem like a gargantuan task to throw that monkey off your back. Do not despair my young friend. It may seem impossible to clear that debt, but it's actually much easier than you think. In fact, there are five...

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Are Stocks Too Expensive? Who Cares?

(0) Comments | Posted December 19, 2013 | 3:18 PM

The S&P 500 is up close to 25 percent so far year and the market P/E is close to 20. The Dow skyrocketed 292 points today alone. By historical standards, those numbers are high. Is the party over? Is it time to protect those gains and become defensive? Should you...

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Retirement Planning for People Who Hate Math

(1) Comments | Posted November 4, 2013 | 11:24 AM

You already know that it's very important to have a financial plan. But if you can't stand the thought of working with numbers you might be reluctant to put your strategy together. That's a quandary you don't want to be stuck in. The good news is that the solution is...

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3 Blunders People Make Trying to Improve Credit Scores

(14) Comments | Posted September 6, 2013 | 11:58 AM

Of course it's important to do what you can to bump up your credit score. But many people use the wrong tools towards that objective even though they have the right motivation. And when they do, they actually worsen their credit rating rather than improve it. Here are the three...

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6 Embarrassing Questions You Must Ask Your Fiancé Before You Say 'I Do'

(15) Comments | Posted August 28, 2013 | 10:48 AM

They say that love is blind. If that describes you, consider getting some financial "Lasik" surgery.

It's fine to have your head in the clouds when it comes to your soul mate. But when it comes to finances, it's important to have your mind on the numbers. That's because a...

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Four Life Insurance Policies Designed to Waste Your Money

(14) Comments | Posted July 4, 2013 | 4:25 PM

I love life insurance. Because my father bought a term life policy shortly before he was in a fatal airplane crash, my siblings and I were able to go to college and build lives for ourselves. And I love life insurance because of the protection it provides for my wife...

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Why You Spend Too Much Money

(1) Comments | Posted June 16, 2013 | 9:11 PM

Liz is a nice lady I met several years ago.  As sweet as she is, she's got a spending problem that is ruining her life.  Her difficulty started two years ago shortly after her husband passed away.  I didn't figure this all out on my own even though she started...

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How To Stop Living Like an Underearner

(3) Comments | Posted May 1, 2013 | 7:06 PM

Being an underearner isn't simply a question of driving a Lexus versus a Camry. It's a question of having a full life versus an empty one. And it was very little to do with money as you'll see.

Some people consider underearning as an addiction or disease. I don't...

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How to Live Like a Rock Star on a Roadie Budget

(0) Comments | Posted March 19, 2013 | 12:21 PM

If you yearn for the sweet life of but feel like it's beyond your reach, I have some good news. Your prospects are much better than you think. In fact, if you follow the 5 steps I'm about to lay down, your future will be so bright you'll have to...

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When to Stop Being Self-Employed

(1) Comments | Posted March 5, 2013 | 4:07 PM

If you are self-employed, you know the meaning of hard work. According to, the average self-employed person works roughly 20% more than people who work for others. And 1 in 4 entrepreneurs work almost twice as much as the typical employee. Is it worth it? Not always....

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The Biggest Investment Mistake Made By Those Under 40

(1) Comments | Posted January 24, 2013 | 11:34 AM

Every investor makes mistakes. I should know. I'm an investor and I make errors all the time. We make mistakes with our money because we can't predict the future. We get it right sometimes... but not every time. And when we get it wrong it costs us money. Ouch.


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The 7 Most Expensive Investing "Truisms" You Must Ignore

(2) Comments | Posted December 6, 2012 | 9:42 AM

Investing isn't complicated. But it is often counterintuitive. That's why some people stop trying to understand investing and just accept financial truisms (that are often anything but true). While this approach makes life easy at first, it can lead to needless losses and a lot of sleepless nights. Here are...

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How Ding Dongs Made Me Rich

(5) Comments | Posted November 27, 2012 | 6:00 PM

No, I'm not a bankruptcy attorney. I'm simply a man who remembers savoring those delicious sugar-stuffed treats as a boy. But at the same time, I'm reflecting on two critical financial lessons I learned chasing my chocolate high.

Ding Dongs taught me a few things that Twinkies never could. You...

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