Tag: savings
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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…
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Chapter 17: What is the F.I.R.E movement?
The FIRE movement is an interesting topic that has been growing in popularity in the finance community. F.I.R.E stands for Financial Independence Retire Early, basically the path to early retirement. Brought to popularity by the Bogle Head Forums. The concept works by saying the more money you put aside, the faster you’ll be able to…
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Chapter 15: 5 Tips To Save More
Saving money is always the least of our concerns. We can’t avoid it though, we all need it for a rainy day. Sometimes we want to make a big purchase. Other times it’s an unexpected expense. With proper creative planning you can get to your goals sooner. Some people find it easier to save money…
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Chapter 14: Retirement?
We’ve all been there, or maybe not. Thinking about retirement seems like a long stretch for some. If you’re young, thinking about the morbid reality of your final 10-20 years is the last thing you want to think of. The most common thought for retirement is the end of a career, at age 59½. Although…
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Chapter 12: Buying Your Time Back
If you do what you love you’ll never work a day in your life. So if you don’t like your job, why do you spend so recklessly? This should make you want to save your money even more. This is why we shouldn’t let our liabilities control our lives. Think about it like this. You…
Money Ain't Sh*t 