Tag: IRA
-
Chapter 18: 401(k), IRA vs ROTH IRA

The difference between an IRA and a ROTH IRA can be confusing for some. In this chapter I will explain the key differences between the two retirement accounts and their key advantages. “Do I need to have both accounts?” I would recommend having both but again this depends on your circumstances. An IRA and a…
-
Chapter 2: Money Efficiency Ladder

So you just got paid (hooray!). What do you do with that money? Obviously, it has to go to rent, car payments, debt, and bills. What about the money you have left over? Is there any leftover? Do you have a set budget? Do you need to start a budget? In the finance world, it…