Articles by Lance Cothern

Lance is a licensed Certified Public Accountant (CPA) in the state of Virginia and he covers money management, budgeting, financial products, and more. He is also the founder of Money Manifesto, a personal finance blog, where he writes about his family's relationship with money. Education: B.B.A. in Accounting from James Madison University.

How to Trade Options Learn how to trade options contracts, including call and put options, for the purposes of hedging your investments or speculation for capital gains. How Much Does a Financial Advisor Cost? Photo of Lance Cothern Lance Cothern How Much Does a Financial Advisor Cost? Personal finance is a complex topic to master. At the same time, it’s an... How to Invest in Oil Companies, Producers, ETFs & Mutual Funds Photo of Lance Cothern Lance Cothern How to Invest in Oil Companies, Producers, ETFs & Mutual Funds When most people talk about investing, they’re talking about stocks, bonds, and... 702(j) Retirement Plans: Same as Life Insurance? Learn about 702(j) retirement plans and how they work -- especially if they function similar as life insurance as opposed to nest egg savings. How Couples Can Use a Spousal IRA to Save More for Retirement Find out how couples can use a spousal IRA to save more for retirement when one spouse does not have earned income to contributed to a regular IRA. When You Need to Start Thinking About Buying Life Insurance Photo of Lance Cothern Lance Cothern When You Need to Start Thinking About Buying Life Insurance Find out which questions to ask yourself to know when it is the right time to start thinking about buying life insurance. How to Determine If That Raise or New Job is Worth Relocating For Photo of Lance Cothern Lance Cothern How to Determine If That Raise or New Job is Worth Relocating For Getting an opportunity to further your career is an exciting prospect. But if... Life Insurance Medical Exams: What to Expect Find out what to expect during a medical exam for life insurance purposes, including the next steps after you find out the results. How Much Life Insurance Do You Need? Learn how to determine the amount of life insurance coverage needed for your policy, especially how to balance the payout, term, and annual premiums. Wealth Manager vs. Financial Advisor: What's the Difference? Photo of Lance Cothern Lance Cothern Wealth Manager vs. Financial Advisor: What's the Difference? People often hope to have bright financial futures. Wealthy people don’t...