The Best Accounts For Extra Savings
This is the number one question I get: “What should I do with the money in my savings account?” With banks paying next to nothing in interest, it can [...]
Why I Don’t Pay My Kids an Allowance
I love my kids like crazy. Like most parents, I would do absolutely anything for them. As a result, I understand why many parents choose to give an allowance [...]
Things I Wish I Knew About Money In My 20’s
If you’re in college or starting your career, this post can make you money. If you know someone in their 20’s, forward this to them so they can make [...]
5 Things Our Parents Get Wrong About Money
When growing up, we often think, “Parents just don’t understand.” Actually, they do. As a parent myself, I’ve come to realize that parents are wiser than I thought. But when [...]
Timing the Market vs Time In the Market
Buy low and sell high--the mantra of investing success. If this is true, it makes sense that investors are concerned with when to invest. Timing the market is an [...]
How to Choose Employee Benefits
Are employer benefits really benefits? Every year at open enrollment, you have the opportunity to choose from a menu of insurances, savings plans, and perks. Some of them are [...]
Stocks Versus Bonds
Personal finance is rife with rules of thumb. Some of them are helpful, while others are not. Here are some examples: Save 15% of your income for retirement. Have [...]
Stimulus, Stocks, and the Future
After a $1.9 trillion spending bill last month which included the third round of stimulus checks, the Biden administration has begun pushing for an additional $2 trillion of spending [...]
Third Stimulus: What You Need to Know
The third round of stimulus checks are on the way. The American Rescue Plan Act of 2021 is officially law, but this tax overhaul is more than just stimulus [...]
Pre-Tax vs Roth: Which is Best?
Remember the Stanford Marshmallow Study? This was a study on delayed gratification that offered children a smaller (but immediate) reward or a larger (but delayed) reward. The original study [...]