Understanding IRAs: The Complete Guide

IRAs, or Individual Retirement Accounts, are essentially savings plans that come with considerable tax breaks. Do not confuse them with investments. Instead, think of them as a safety deposit box where you can store paper assets such as cash, mutual funds, stocks, bonds, etc.

Personal Finance

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Understanding IRAs: The Complete Guide

Understanding IRAs: The Complete Guide

IRAs, or Individual Retirement Accounts, are essentially savings plans that come with considerable tax breaks. Do not confuse them with investments. Instead, think of them as a safety deposit box where you can store paper …

Personal Finance

Read More...

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What to Look for When Buying a Used Car

What to Look for When Buying a Used Car

Buying a used car can be a risk if the car has many mechanical issues. For the sake of your budget you want to make sure you are not buying a money pit that needs …

Personal Finance, Risk Reduction

401(k) vs. Roth 401(k): Which One Is Better?

401(k) vs. Roth 401(k): Which One Is Better?

In this article, I will talk about two retirement plans - 401(k) and 401(k) Rorth. At first glance they seem to be the same because they have 401(k) in their name, but in fact, there …

Personal Finance, Net Worth

Amazon Prime vs. Walmart Plus a Comparison

Amazon Prime vs. Walmart Plus a Comparison

Who doesn’t like the idea of free shipping, next day delivery, 5% cash back, and the ability to choose thousands of premium goods all in one place? Here we compare Amazon Prime vs Walmart Plus.

Personal Finance

Social Security Colas: Everything You Wanted to Know

Social Security Colas: Everything You Wanted to Know

To combat the ill effects of inflation on people who are retired, a concept called ‘Cost of Living Adjustment’ (COLA) is used to help retirees keep up with rising costs. As a consumer, it is …

Personal Finance, Budgeting

How to Minimize Student Loans While in College

How to Minimize Student Loans While in College

Read this article for ways college students can minimize their loans while studying, or importantly build a debt reduction strategy starting in high school.

Personal Finance, Budgeting

Reasons to Get Health Insurance in Your 20s

Reasons to Get Health Insurance in Your 20s

When you're young and healthy, you might not be too worried about getting sick. But you have to understand that your health is nothing to take for granted. Medical emergencies and illnesses can hit anyone …

Personal Finance, Risk Reduction

10 Reasons Why Renting May Just Be Better

10 Reasons Why Renting May Just Be Better

Many people think that when they buy a house life is magically better. After all, homeownership is the “American Dream”... In reality homeownership isn’t all positives. Do you know the reasons why it is better …

Personal Finance, Homes and Real Estate

17 Ways to Make Money From Home 2021

17 Ways to Make Money From Home 2021

Until a few years ago, many people did not even think that working from home would become commonplace. Today it is easier than ever to start your own business with a minimal investment.

Personal Finance

Understanding Roth IRAs: The Complete Guide

Understanding Roth IRAs: The Complete Guide

Roth IRAs are a type of retirement account that offer valuable tax benefits - namely tax-free withdrawals and tax-free growth. Having a Roth account provides a lot of flexibility during retirement so you can reduce …

Personal Finance

8 Profitable Hobbies You Can Monetize

8 Profitable Hobbies You Can Monetize

Hobbies are great for relaxing, exploring creativity, and honing your skills at something you are passionate about. However, did you know you could also earn a bit of income from all the time and effort …

Personal Finance

How to Reduce Your Taxable Income / AGI

How to Reduce Your Taxable Income / AGI

Paying taxes sucks. What you might not know is that you can lower your taxable income so you end up paying much less in taxes. Even if it is late in the year, there are …

Personal Finance, Budgeting

Robo Advisors - The Future or a Flop?

Robo Advisors - The Future or a Flop?

Robo-advisors are a new technology powered way to handle wealth management. They often consolidate all of your investment management, tax harvesting, and retirement planning requirements in the most efficient way possible.

Personal Finance, Net Worth

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