I am going to keep this one short and to the point. Many people think investing is all about picking the right stocks that are going to 100x in the next 10 years — and while that would be great to be able to do, very very very few people can consistently do that. So… if it’s not all about…
I promised my readers that I would keep you up to date with changes that occur around student loans — so after last week, a new blog post is needed. On August 6th, the Biden Administration extended student loan forbearance through January 31, 2022. This is huge for everyone who has federal student loans outstanding. For those that aren’t sure,…
Wasting your 20’s and 30’s can mean different things to different people. Some may consider grinding on work and saving lots of money but missing out on life with your friends and family as wasting your 20’s and 30’s. Others might consider the exact opposite as wasting your 20’s and 30’s — not focusing on growing your skills, partying and…
Many millennials find themselves confused by all the different investment and retirement accounts that exist. I mean how could they not when there are so many and each have different rules, different contribution limits, different income limits, etc. so I thought it would be helpful to create a longer post on the main type of accounts you will see, the…
“Most great fortunes are built slowly. They are based on the principle of compound interest.” – Brian Tracy I could go on and on all day with quotes about compound interest but hopefully, you understand how powerful compound interest truly is, and if you believe in it, your goal should be to allow your money to stay invested for as…
I was planning to take this week off from the blog as I am headed out on Tuesday to California for vacation. Then Monday rolled around, and I changed my mind. I decided to write a quick blog post about something that has been on my mind for a while now. As a financial planner, so much of my job…
Last week I wrote about the new child tax credits, the changes that are coming, whether you should take them monthly or not, and more. You can check it out here if you missed it. I wanted to follow up on that blog post with some ideas of how you can best use these additional dollars you will be receiving (if you…
Starting July 15, parents will begin receiving monthly payments from the government just for having kids. The child tax credit is increasing from $2,000 per child under 17 to $3,000 for kids aged 6-17 and $3,600 for any kids under 6. These monthly payments are only going to be paid monthly for the last 6 months of the calendar year,…
You are in your late 20’s to 30’s and have been saving for years to put a down payment on a house and the time has finally arrived. You now own the house you have dreamed of. Let me start by saying congratulations. Owning a house is a dream for many. It’s a place to build a life, grow a…
Finances are pretty easy to manage when you are paid a regular salary. However, things can get a little more confusing when your income is irregular. There are many different ways you can be paid these days, some common options are: having a salary, being paid through commissions, having salary + commission, being paid quarterly, etc. We all know the…