One of the things I found most challenging at the start of my financial journey was simply keeping track of all my different accounts. I had a 401(k) account with company A, a brokerage account with company B, a Roth IRA with company C, an HSA account with company D, an employee stock plan with... Continue Reading →
Noobie Guide to the Stock Market: The What, Why, and Where
In 1950, one-dollar could buy you 3 pounds of coffee. In 2019, one-dollar can’t buy you a single cup. The value of our money decreases over time as goods and services become more expensive. This is called economic inflation. So saving and stockpiling money is not enough. If this money does not grow somehow, then... Continue Reading →
Roth or Traditional: Which is Right for Me?
When you begin working for a company, you are bombarded with a wealth of information pertaining to their benefit programs. With a thousand other things going on, this information is usually pushed aside to be looked at “later”. When you finally get a few minutes free, you start digging in and come across the 401(k)... Continue Reading →
Money Accounts Cheatsheet: 401ks, IRAs, HSAs, FSAs, Brokerage, Checkings, Savings
Let’s take a stroll down memory lane: You are 14 years old and you finally figured out how to make some money! Every other Saturday you mow the neighbor’s lawn and earn yourself $10. You throw your dad a few bucks for the gas and then stash the rest into your new safety deposit box... Continue Reading →