“Start saving for retirement as early as you can.” If you’ve heard someone say this before and realized it’s much easier said than done, you’re not alone. According to a GoBankingRates survey, about 1 in 3 Americans have absolutely nothing saved for retirement and about 20% have less than $10,000 saved. It’s hard to think […]
Read More >>5 Investing Tax Benefits to Take Advantage Of
This post is part of our series 7 Weeks to Your Best Finances. This series is meant to serve as a 7-week path to improving your finances. It will cover all the important topics like starting a budget, saving money, making money, investing, and more. To find out more and see all the tips and […]
Read More >>21 Websites to Help You Start Investing Today
This post is part of our series 7 Weeks to Your Best Finances. This series is meant to serve as a 7-week path to improving your finances. It will cover all the important topics like starting a budget, saving money, making money, investing, and more. To find out more and see all the tips and […]
Read More >>8 Podcasts to Listen to for Financial Success
The world of podcasting has expanded greatly in the last few years. I remember attending a conference for financial bloggers and hearing about everyone’s plans to get into podcasting just two years ago. This past year, at that same conference, I’m fairly certain a record number of live podcasts happened. It’s not hard to figure out […]
Read More >>8 Often Overlooked Finance Hacks that Boost Your Finances
Could your finances use a boost? A better question is: whose finances couldn’t need a boost? There are a lot of things you can do to improve your finances, from getting a better job to going back to school for a degree in a higher-paying industry. But there are also a lot of finance hacks […]
Read More >>What’s the Difference Between a 401(k) and an IRA? Which is Better?
A 401(k) and Individual Retirement Account (IRA) are both retirement investment vehicles, but they don’t function quite the same. While either will get you closer to funding your golden years, one might be more advantageous depending on your situation. Unfortunately, you may not even have a choice between the two. Here are the differences between […]
Read More >>How $5,000 Can Turn Into $1,000,000 For Retirement
Compound interest is something we’ve all heard about, and understand at some level, but probably don’t put much thought into. That’s probably because investing sounds like such a boring topic. But it’s not when it’s framed as turning $5,000 into one million dollars, is it? It’s a mistake to ignore how powerful compound interest is, […]
Read More >>Why Frugality Isn’t Enough
Spend less than you earn is a common piece of financial advice to come across. Unfortunately, it’s just one side of the story. Of course you should spend less than you earn so you can save money, but imagine doing that and nothing else for the rest of your life. What if you can’t save much? […]
Read More >>Top 5 Places to Open an IRA
For Americans, Individual Retirement Accounts or IRAs are one of the best ways to save for retirement. When I finally started to turn my financial life around at age 35, the very first thing I did was to open an IRA. And two years later, it’s a choice I haven’t once regretted. IRAs have a […]
Read More >>4 Quick and Easy Ways to Start Investing in the Stock Market
This post is written by our regular contributor, Mike. Investing can be intimidating. Even the word “investing” can be intimidating. There’s no denying that the stock market is complex and that lots of people make mistakes when investing – even the most experienced investors can’t always predict what it will happen. However, those aren’t reasons […]
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