Investing
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How to Prioritize Investment Account Types While in Debt
How to prioritize investment account types, especially if you’re paying off debt, is another tricky money question. Here’s exactly what I would do.
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Investing for Retirement and Your Kid’s College
Choosing between investing for retirement or college is tough. While the decision can be emotional, using simple math can help you strike the right balance.
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Money on My Mind: Bears, Net Worth and Exercise
On my journey to financial freedom, I’m consistently striving to learn as much as I can from other bloggers and writers who have done it before me.
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A Tricky Money Question: Should You Invest While in Debt?
Whether to invest while in debt is a tricky question. I like to do both for these reasons, using 75% of my available funds for debt and 25% for investments.
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Why Target Date Funds: The Easy Way to Invest
The easiest option can also be the best option. That’s why I invest with target date funds. My portfolio is diversified and automatically rebalances over time.
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7 Things I Love About Index Funds
My 7 reasons I love index funds range from the low costs and automatic diversification to the minimal mental effort required to generate long-term wealth.
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My 4 Favorite Investment Accounts for Long-term Wealth
My 4 favorite investment accounts maximize tax benefits and match my evolving priorities, which gives me a better chance of reaching financial freedom.
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What is Your Magic Retirement Number?
Using the 4% Rule, you can easily calculate your magic retirement number and determine if you need to make any changes to your current spending and savings.
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2 Easy Steps to Start Investing
If you’ve ever been nervous about how to start investing, don’t worry. There are only two steps: 1. Open an account. 2. Pick your investments. It’s that easy.
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Learn the Language to Make Investing Easier
Investing can seem intimidating when you hear phrases like “asset allocation.” Once you learn the language, you’ll realize investing is actually not that hard.
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What a 1% Fee Really Costs You
One of the few things we can control when we invest is what we choose to pay in fees. Lets’s look at what a fee of only 1% can do to your long term gains.
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Investing is Playing Offense and Defense
Investing is about playing offense and defense. Investing to do fun things later on is playing offense. Investing to counteract inflation is playing defense.
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Risk is the Cost to Invest
Risk is the cost to invest. Look at the different outcomes for 2 pretend friends: one was afraid to invest and the other was comfortable with reasonable risk.
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New Chicago: Invest Early and Often
Forget the old Chicago slogan, “Vote early and often.” Instead, I prefer, “Invest early and often” to take advantage of the power of compound interest.
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Investing is Actually the Easy Part
On the journey to financial independence, investing is actually the easy part. The hard part is consistently generating money to invest in the first place.
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How to Set $93,000 on Fire
Even if you work with an advisor, you need to learn the basics of investing. It’s your future. I lost out on $93,000 by failing to educate myself.
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Money Questions: Markets in Free Fall
When markets are in free fall, it’s important to talk to your people for support. Since time is on my side, I’m holding steady with my investments.
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529 Plans for Sky High College Costs
529 plans are a great way to save for college because of the potential triple tax benefits. Learn how to estimate how much to save today to pay for college.
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Better Results with a Savings Rate
Get ahead in life by making more money, and spending about the same. Learn how to measure your personal finance progress by tracking your savings rate.
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Why You Need to Track Your Net Worth
Learn how to track your net worth in less than 30 minutes each month. This is the easiest way to measure your progress towards financial independence.
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Why You Need to Fuel Your Savings
Actively saving money is the first step towards financial independence. Without adequate savings, you risk losing all you have worked for.
