My employer used to send out quarterly statements for my 401K plan. It used to serve as a periodic reminder to review how my different investment accounts are performing. A few years ago, however, they stopped sending out physical statements, but were still available online. It’s easy to log into my account online tool periodically to […]
You’re broke. And it’s killing you. Not because you want to go out and buy yourself a bunch of crap, but because you have bigger financial dreams. You want to be able to save. You want to fully fund an IRA or 401k each year. And you certainly don’t want to be living off ramen […]
One of the things I’ve wanted to do for a long time is start a dividend portfolio. I like the idea of building a dividend portfolio that can (eventually) provide me with a revenue stream and increase my income diversity. However, one of the challenges to dividend investing is the fact that dividends build up […]
It’s no secret that I love my Health Savings Account (HSA). I make regular contributions, and even maxed out my contribution last year. The HSA isn’t for everyone, but if you have a high-deductible account, and can afford the out-of-pocket costs until you meet you deductible (I rarely meet my deductible, because I have few […]
For the self-employed, it can be tempting to forget some of the basics associated with long-term financial planning. When you’re trying to get your business off the ground, you’re more interested in the day-to-day of survival. You do, however, still need to remember to prepare for the future with retirement planning. After all, even as […]
Inflation is the rate at which the prices of goods and services rise over time. This phenomenon may seem like a plan hatched by an evil mastermind, but inflation isn’t necessarily a bad thing. It’s generally a sign that the economy is growing — and during your working years, you can usually expect your wages […]
