Don’t you hate having to deal with spare change? It ends up in the car, in your pockets, on the dryer — anywhere except where it can be useful. Maybe you’ve combated this by designating a jar that collects all your spare change, but it still has to be converted into cash before spending or […]
In the past couple of years, the financial media has been full of stories about the risk aversion experienced by millennials. According to surveys and studies, millennials are reluctant to invest in the stock market. Many of them came of age in time to watch their parents lose retirement money in the aftermath the financial […]
One of the ways many people invest is through their 401(k) plans. These plans come with tax advantages, and some employers even contribute matching funds. For many people, the 401k plan is a way to save for retirement without too much effort. However, there are some things you should consider when it comes to your […]
I’m one of the most boring investors ever. My Roth IRA is composed of index exchange-traded funds (ETFs), and I automatically invest a set amount each month and let it grow. I don’t fiddle with it; I just let it ride. Turns out, indexing in your retirement portfolio is probably one of the best things […]
Nearly every financial guru tells potential budgeters to start their financial management with a simple (but not easy) task: track every single penny. For some individuals, this is a relatively easy task. It’s just a matter of building financial tracking into their routine. But for most people, tracking expenses is often very difficult. Thankfully, between modern technology […]
Using a Health Savings Account (HSA) as an investment vehicle can be a great way to prepare for retirement. It requires a high-deductible health insurance plan in order to participate in the HSA, but you can invest the funds however you wish. I decided to switch to a high-deductible plan with an HSA this year, […]
