Raise your hand if you’ve ever felt personally victimized by a snooze-worthy company-wide meeting on HR policy and updates. I know, I know, it’s boring, but also exciting because think of all the money you’ll have when you’re 80! Whoooohhooo! Here are the things I considered when selecting my retirement fund.Read More
Where do you even start with a big question like this? I’m working through a very real pro/con list of the top 5 ways I’m considering investing my $5,000. Get a glimpse into my reasoning here!Read More
Money terms can be confusing. Heck, overwhelming. And when you’re always seeing headlines about how “market downturns are looming,” ya kiiiiiinnda wanna know what that means for you. Get a top-level overview of bull markets, bear markets and recessions — as well as what you can do to prepare.Read More
Pre-internet, there was a whole lot of room for required broker fees, mistakes and undetected bad choices. With the internet came a whole wide web of information, a higher level transparency, a greater sense of control on the consumer end, and YouTube videos of baby elephants falling over. Learn the logistics of how people used to invest — and why millennials are still more gun-shy, despite all the resources we have now.Read More
Just in case investing isn’t confusing enough, people like to throw around acronyms and nicknames like S&P, bull, bear, NASDAQ, WTF, DOW, IDK. It’s like they have a secret club, with all these secret passwords, and they won’t let you in the treehouse because you don’t know them.
I’m breaking down investing basics — check it out!Read More
What is APY? And how the heck is it different from APR? It’s important to understand just how much each can impact your money — even though it seems boring to talk about. Get the scoop and a haaaaanddyyyyy song about APY inside!Read More
Instead of using your HSA for qualified medical expenses, you can cashflow those costs — meaning you pay out of your regular ol’ savings account. If your HSA is smartly invested, it can stay put and continue to grow. Learn how to get started!Read More
It’s intimidating to plan for something that will happen four decades from now. Actually, it's the most optimistic thing I've ever heard, because it means I believe I won't get hit by a bus and die tomorrow. Hope! So touching.
So, what are the average 401(k) contributions? Am I doing it right? Am I way behind the average 25-year-old? What's the "K" even for? Ahead, we discover (some) of the answers.Read More
How prepared are you to head for the office door? For some people — especially millennials — retirement may be pretty far off.
The average retirement age in the United States is 63, but maybe you don’t want to be average. Maybe you, like me, plan to give your two weeks well before that. Either way, retirement requires planning.Read More
Retirement may be on our radar, but did you know that 1 in 3 Americans have no retirement savings? Yikes! If you’re reading this, you’ve already taken a step in the right direction. So what’s the next step? Learn the difference between a Roth IRA and a Traditional IRA and be better prepared to open the account that’s right for YOU. The sooner you start, the sooner you can kick back and have daiquiris delivered on a silver platter. #RetirementGoalsRead More
When you’re in your twenties, it’s hard to commit to investing money that you may not see again for 45 years. Heck, I can’t decide on whether I want to spring for the organic apples — you want me to take a stab at investing the only money I’ve ever had?! There is way too much uncertainty at this stage of life, but that’s what makes a Roth IRA so attractive.
Individual retirement accounts — street name IRAs — are a relatively safe way to springboard into a comfortable retirement a little down the road. There are two main IRA options available: Roth IRAs and Traditional IRAs. Today, we tackle the Roth.Read More