5 Ways to Know When You Should Start Investing
Sya W. says, “In a couple of months I’ll be 19 and starting college. I work my tail off and still don’t bring home enough money. But even though I’m completely new to investing and know I’m not just...
View Article6 Ways to Save and Invest Money for Kids
There’s no doubt that raising kids is expensive. According to a 2017 report from the U.S. Department of Agriculture, the average cost for a child through age 17 is about $235,000. That doesn’t even...
View ArticleShould You Spend or Invest Your HSA Funds?
Inu says, “I’ve heard your recent podcast about using an HSA and still have a question. I invest most of my HSA money in mutual funds, so taking money out means it loses investment growth. I’m...
View ArticleBuy or Rent a Home: Which Option Makes You Richer?
You’re probably familiar with the idea that homeownership is the American dream. While taking out a mortgage to buy a home can be a great financial move, there’s no guarantee that you’ll always come...
View ArticleTax Reform Tips: 5 Best Moves to Save Money Now
The end of the year is always a busy time with holiday preparations and celebrations. New Year’s Eve is also the end of the tax year, which is a critical deadline for your personal finances and...
View Article7 Simple Principles to Invest Money Wisely No Matter Your Age
Many people mistakenly believe that investing money and building wealth is a complicated game that’s completely out of their reach. While you can make investing complex, I don’t recommend it because...
View ArticleTax Reform Law: 7 Ways It Affects Your Personal Finances
New legislation known as the Tax Cuts and Jobs Act became law on December 22, 2017. Starting in 2018, it affects virtually every U.S. taxpayer with dramatic changes including new tax rates, fewer...
View Article7 Simple Reasons to Invest in a Roth IRA or Roth 401(k)
Money Girl podcast listener Peter D. asks, “Now that Congress has enacted lower tax rates for most Americans, does this make a Roth 401k more attractive than a traditional 401k?” Thanks for this great...
View Article8 Investing Rules to Follow Even When the Stock Market Drops
After seeing last week’s huge stock market drops, you may have wondered if you’re investing money the right way. Or you may still be on the sidelines, not sure how or when it will be a good time to get...
View Article6 Tips to Simplify Your Finances and Keep Good Records
When life gets hectic, it’s easy to let your finances get too complicated. Suddenly you realize it’s been weeks since you even thought about paying bills, reviewing account transactions, or filing...
View Article5 Steps to Create Your Own Self-Employed Benefits Package
When you’re self-employed, you get perks that many traditional employees miss: Unlimited vacation and sick days, flex time, tax deductions, and perhaps the ability to work from any location. These are...
View ArticleWork from Home? Tax Reform Changes to the Home Office Deduction
Working from home, either as a remote employee or for your own business, has become common. Companies and those who are self-employed can drastically cut overhead when they don’t have to pay for office...
View Article10 Retirement Rollover FAQs That Will Make You Richer
Understanding how retirement accounts work and using them the right way can make the difference between having a secure future or just scraping by, after you stop working. They have powerful benefits,...
View ArticleChoose the Right Retirement Accounts in 3 Simple Steps
If you’re confused by all the tax-advantaged retirement account options you can choose from, you’re not alone. While it’s great to have more choices than fewer, it can certainly cause analysis...
View ArticleUsing an HSA? These 10 Allowable Expenses May Surprise You
I recently received a phone call from my husband who was on his way to the doctor for an annual checkup. He said, “Can I use our HSA debit card to pay for parking at the doctor’s office?” Adam is very...
View Article5 Ways to Know When You Should Start Investing
Sya W. says, “In a couple of months I’ll be 19 and starting college. I work my tail off and still don’t bring home enough money. But even though I’m completely new to investing and know I’m not just...
View Article6 Ways to Save and Invest Money for Kids
There’s no doubt that raising kids is expensive. According to a 2017 report from the U.S. Department of Agriculture, the average cost for a child through age 17 is about $235,000. That doesn’t even...
View ArticleShould You Spend or Invest Your HSA Funds?
Inu says, “I’ve heard your recent podcast about using an HSA and still have a question. I invest most of my HSA money in mutual funds, so taking money out means it loses investment growth. I’m...
View ArticleBuy or Rent a Home: Which Option Makes You Richer?
You’re probably familiar with the idea that homeownership is the American dream. While taking out a mortgage to buy a home can be a great financial move, there’s no guarantee that you’ll always come...
View ArticleHow to Retire With Enough Money and Income
Saving for retirement is what I consider the granddaddy of all financial goals because it typically requires a huge nest egg. But planning how much you really need to save in order to have enough to...
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