When Should You Contribute To A 401(k)?

We have all heard about savings and investments. Whether we do it or not, it is now easier than it has ever been to put money away towards our future as retail investors. Not only are platforms like Acorns, Stash, and Robin Hood more commonplace and easily accessible, but more and more jobs are giving employees access to 401(k) accounts. This is even true for your retail jobs and restaurants. If you haven’t taken advantage of such an account, but want to know more, follow along to learn when you Read more [...]

How To Prepare For A Travel Emergency

Have you all been looking at the travel news lately? Spirit and American Airlines have been making headlines, and not for the right reasons. While problems they are facing are being faced by every major airline, they are getting most of the bad publicity. Some speculated that airline workers and pilots were on strike, but that is not the case. Due to staffing shortages, American Airlines has had to cancel and delay more than 3,000 flights since August first, while spirit canceled close to 400. This Read more [...]

Taking Your 401(k) To The Next Level

If you are saving money towards retirement, congratulations. You are one of the nearly 26% of Americans who are preparing for their latter years. There are many avenues for savings. Some people are merely using a savings account or high-yield savings account that generates little interest but remains stable. Others are utilizing retirement accounts like an IRA, 403b, or 401(k). I myself, am using a 401(k) to house my retirement funds. While many 401ks offer slim investment choices and possibly good Read more [...]

Do I Need A Budget?

Every person and financial advisor I know, always recommends having a budget. A budget helps you keep track of your monthly finances. It helps you keep track of your debts and helps to establish and fund monetary goals for retirement. I think it’s a great plan for some people, but the question is, does everyone need a budget? Follow along to find out if it’s for you. https://www.youtube.com/watch?v=sVKQn2I4HDM Can’t manage your debt? Debt problems are the number one reason people need Read more [...]

Goals For the New Year

This week I have been thinking about my 2020. What an interesting topsy turvy year for us all. Out of the goals I set out for myself, three have come to pass, and two have not reached the end date. Going forward, I have been thinking about my goals for the new year. It's time to sit down with my financial and goal planning sheet and figure out what's next! Follow along with my goal ideas for 2021. https://www.youtube.com/watch?v=250J57Lkk6Q Reducing Debt Last year, I smashed all my goals related Read more [...]

Setting Financial Goals

Goal setting is something everyone must do. Not only for personal and work goals, but financial goals as well. A solid plan will help us get to early retirement, hefty savings and investments, and whatever else our hearts desire. This week I have been doing lots of reading from books like "The Millionaire Next Door." While being a millionaire is not the ultimate goal for me, it helps put into perspective how much plans, goals, and determination to see them through will help us tremendously in our Read more [...]

Signs That Tell You Are Financially Stable

We all strive to live a life with little debt. We wish for financial fitness and to do things we love and want. Over time we will build up our assets, learn better spending habits, and eliminate our debt. At what point will, though, will we be financially stable? Follow along for financially stability signs. These signs will let you know that you have arrived at a healthy financially fit lifestyle. Automated Finances Those who have it together, automate their finances. They don't have time Read more [...]

What Paying Off A Mortgage Early Means for Me

When you are young, you have an idea of what your life is going to be. you want a good job, family, a nice car, and a nice home. For me, a home was definitely on the list. A few years ago I got my credit in order and secured enough money for a down payment on a home. I went with an FHA loan at 30 years. It came out to be the best price in terms of what I could afford and how much I had for a down payment. Now, I'm looking at paying off my mortgage early and what that means for me. https://www.youtube.com/watch?v=39mmtEQrr2k Peace Read more [...]