Category: Education
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Roth IRA and Roth 401K – start now
The thing is big. Especially if you are young and poor. You only allowed to put 7K/year per person to Roth IRA and only if you earn not a lot. And this is for a reason. It is so great that rich people would flood this account with money if given a chance. So do…
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Get yourself a credit card, and one more
✅ Action Plan: Start Building Credit — the Smart, Worry-Free Way 1. Get a no-fee credit card early 2. Use it regularly — but wisely ⚠️ If your limit is small (<$1,000), hitting 30% is easy. Just pay it down next month.It won’t hurt long-term credit unless you’re buying a car/house right now. 🧠 Why…
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Nationwide kills the 4% rule big time.
Happy and rich retirement is not really so difficult to achieve. It is well known that, in order to be safe and never run out of money in retirement, you should invest conservatively and only draw [about] 4% of your account value per year. Here is great news for you if you [are] old enough…
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Financial advisors make life better. Why planning beats ignoring
Accepting that money needs to be managed is not easy. Somehow, there is a roadblock to the idea that handling and optimizing money is not a decent goal. We do not want to be bothered with it. We work hard, and that is it. Let’s think about it one more time. Assume we’ve decided to…