The other night I went to karaoke with a group of friends. One friend sung this song by Sheryl Crow, If it makes you happy It can’t be that bad If it makes you happy Then why the hell are you so sad? And it made me think about how cool emergency funds are (not… Continue reading If it makes you happy
I can guarantee at some point you’ve wished you didn’t have to go to work tomorrow. For me this was once a daily occurrence. For most of us the need of a regular income has kept us tied to our desks, especially in jobs we dislike. I’ve had countless conversations with friends, colleagues and strangers… Continue reading How I: found financial freedom
Prioritize it! No excuses. No procrastinating. Just do it. Sign up for that 401k ASAP. Max that 401k. At the very least contribute at least as much to receive your company’s match. No company match? Contribute anyway! (see #1) 2017 max contribution limit is $18,000. If that’s too steep, start at 1% and work… Continue reading How I: save for retirement
I had many misconceptions when I first rolled over my retirement accounts. Here is a guide to what and how you can roll over. You can rollover your employer sponsored plans (401k, 403b) and your IRAs (Roth or Traditional). But why would you? To keep it simple. Having all your money in one place makes… Continue reading You Can’t Rollover a Pension
5 Quick tips to avoid the peer pressure of spending more than you intended Know your budget ahead of time. Have a concrete idea of how much is too much for you to spend. Propose an alternative. I would prefer to eat at a place in this range or at place X. Offer to split… Continue reading Know Your Limits
MEET: Dali @bronxdandelion Age: 28 Location: Bronx, NY This week Dali is talking to us about saving for retirement! Whether you're fresh out of college or mid-career, it's never too early to start planning for retirement. Stay tuned this week as every day we'll post a new video with one new tip regarding what you… Continue reading Retirement!
It may seem silly to think about retirement when you’re in your 20s but here are 4 reasons why retirement is for the young. Compound Interest This is the most magical thing in the world. Compound interest means you earn interest on your interest. For example, if you invest $100 and earn 2% interest, you… Continue reading Retirement is for the youth