What’s the best time to start saving for retirement? Now. With retirement, you can simply never save enough. It is your future we are talking about, so it’s a good idea to make it a high importance, long-term financial goal of yours. If you want to save more for retirement, here are a few ideas […]
Read More >>Should You Invest When You are in Debt?
So you’re in debt. Maybe even a LOT of debt. You know that you need to pay it off and that it should be your focus. But you also know that long-term wealth and financial independence is made through investing. So what do you do? Should you invest when you’re in debt? This is one […]
Read More >>How to Save For Retirement When You’re Self-Employed
Self-employment comes with a lot of perks. You get the freedom of setting your own schedule and choosing your workload. While these are all great, what do you do when it comes to retirement savings? Without a traditional employer-sponsored retirement plan, like a 401k, you’re on your own when it comes to saving for retirement. […]
Read More >>10 Smart Things to Do With Your Tax Refund
Do you have a tax refund check coming your way? With the average tax refund being around $3,000, it may be tempting to blow that money on something fun. But instead, why not consider using your tax refund to better your finances? Here are 10 smart things you can do with your tax refund. […]
Read More >>What Happens If You Don’t Have Enough Money for Retirement?
It is no secret that most Americans are not preparing themselves adequately for retirement. In fact, according to the U.S. Census Bureau, less than one third of American people are saving money in an employer-sponsored retirement account. Further, according to the Federal Reserve, the average working American couple has less than $5,000 saved for retirement. […]
Read More >>Not Investing At All? Here’s What You Are Sacrificing
Saving money is important. Having a diligent savings habit helps you reach your goals, get the things you want, and feel secure. Most people, even ones who aren’t “natural savers”, know the importance of saving money. Having a money cushion to assist you in times of emergency or a pop-up expense can be a lifesaver. […]
Read More >>Investing for Millennials: What You Should be Doing
Millennials have plenty of things to worry about. From paying down record-setting student loan debt to trying to progress their careers, the last thing millennials want is another personal finance responsibility to worry about. Nearly 80 percent of millennials are not investing, which isn’t surprising given the number of financial challenges millennials face. 40 percent […]
Read More >>I Invested in a Poker Player – Here’s What Happened
To many people this may sound crazy, but I recently invested in a poker player for the first time. Investing or “backing” poker players has become more popular in recent times with entire websites dedicated to brokering these transactions. But perhaps I should take a step back and explain why anyone would want to invest […]
Read More >>Why I’m Prioritizing Retirement Savings Over College Savings
Becoming a parent comes with plenty of additional expenses – many of which, you have to prioritize. Like myself, many parents may experience feeling torn between saving for retirement and saving for their child’s college education. We all know that investing in retirement and getting started early is important if you ever want to be […]
Read More >>What To Do With Your 401k When You Switch Jobs
Last year, millennials were nicknamed the ‘job-hopping generation’ after a Gallup report revealed that 6 in 10 millennials are open to new job opportunities. According to this report, millennials have a reputation for job-hopping and are said to move freely from company to company, more so than any other generation. That being said, I don’t […]
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