In this post, I’m going to break down the differences and similarities between 401ks and IRAs. Then I’m going to talk about things to consider when choosing between them. Here’s how this article is broken down:
When a company “matches” your 401k contributions, this means they will also contribute to your 401k account in some form or other. In this post, I want to answer the question, “Is it worth it to contribute to my 401k if my employer doesn’t match?”
We are often told that to get ahead we need to sacrifice our time and our lives; every hour, every day, every week, to the pursuit of either career advancement or a dream of financial independence and early retirement. However, I believe that while hard work and sacrifice are necessary to lead a meaningful life, it’s not worth it if it comes at the cost of our health, well-being, and our sleep.
What will we regret when we are older? I’m in my late 20s, and I already have regrets: I should have majored in something else; I should have worked harder in college; I should have bought Tesla stock in 2015 with my signing bonus.
Why would you want to automate your investments? Because the S&P 500 has averaged a return of 10% per year since it was founded in the 1950s, and over the long term you could become a millionaire by saving as little as $250 a month. The one thing that you need to make sure you do is to invest regularly. To help with that I’m going to detail out a step-by-step process on how to set up automatic investments via Fidelity
How do you whether you have a good real estate agent or a great real estate agent?
In this blog post, I will summarize key takeaways from Jens O’ Parsson’s book, Dying of Money – Lessons of the Great German and American Inflations.
In this post, I’m going to explore what lifestyle we could live if our household earned a median income in 1980 and compare it to how much our household needs to earn today to have a similar lifestyle. I will do this comparison using the San Francisco / Bay Area as well as Southeastern Michigan as the cities we live in. Here’s the order of this post:
Is it better to pay off your home faster so you can get more money when you resell it to someone else, or is it better to lower your monthly payment so you can invest in the stock market?
In many places on the internet we will find people touting secret ways to “get rich quick”, and in many instances, they will gladly teach us how to do it for a small price. The surest way to wealth is long-term saving and investing. Even small amounts of money saved for a long period can allow you to generate hundreds of thousands in savings. In this article, we will look at the following:
n this article, I’m going to reflect on my move from South East Michigan (specifically the Royal Oak / Ferndale / Madison Heights area) to the Bay Area. If you’re planning on taking the leap to move to the Bay Area, I hope my journey will help you with the decision-making process.
When you buy a municipal bond, the dividend or interest payment you receive from the bond is free from federal and state taxes