A century ago, a getaway was something only the rich were able to enjoy. It wasn’t a “vacation.” Instead, it was a seasonal transition made for comfort. Before the advent of air conditioning, wealthy families […]
Over the past decade, cryptocurrency has slowly but surely become one of the hottest investments on the market. While many people were initially skeptical of crypto’s staying power and appeal, the rise of cryptos like […]
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Each and every one of life’s milestones can seem daunting at first. Buying a home, starting a family, changing careers, or hanging up the hat and retiring can all be intimidating, yet immensely rewarding life […]
Our stimulus money just hit our bank account, and wow! Whatever your fears regarding inflation or government overspending, etc., it sure is nice to get some extra cash deposited into your account. This will help […]
What does it all mean? Mining. Cryptography. Distributed public ledger. Keys and wallets. HODL, FOMO, and FUD. Cryptocurrency supporters are predicting that their digital currencies will soon take over the material world. But first, wouldn’t […]
Building a detailed budget is not for everyone. For some, it’s just time-consuming and unnecessary. Though, if you’re reading an article on budgeting tips, I’m assuming you’ve decided that having a budget is for you… […]
If you can max out your 401(k), you definitely should, right? Not always. There are a few things (five, to be specific) you should consider before doing so, and we’ll walk through exactly what they […]
Typically, by midnight on April 15, taxpayers must e-file or mail their federal and, if applicable, state tax returns for the previous calendar tax year without penalty. (For 2021, however, the filing deadline is May 17th.) […]
So you’ve decided to take the leap and start a new business. Congratulations! Making that decision might feel risky and overwhelming, but as the saying goes, “Fortune favors the bold.” Creating your own business is […]
Yes, you read that headline right. I paid off approximately half of my $53,500 of debt in less than a year! During a pandemic. On a net income of about $65,000 CAD (for 2 […]
Many people dream of being self-employed, setting their own hours, and making more money. However, one of the biggest retirement money mistakes made by the self-employed is, well, not actually setting aside money for the future. It […]
The advice I give my neighbor is different than what I’d tell you. But there are foundational principles that apply to almost everyone. If you want to improve your finances in 2021, I can’t give […]
Learning that you are eligible for a tax refund can be a welcome surprise. And, if you have any pressing expenses – maybe you’re behind on a few bills or have been putting off going […]
When it comes to investing there’s a lot to learn about the types of investments and different investment strategies, and it can be overwhelming. From mutual funds to IRAs, 401ks, stocks and bonds, there’s a […]
Bond investing is something every new investor should understand. Whether you are building a specific three-fund portfolio, or simply deciding on your asset allocation, the types of bonds you choose matter. From government bonds to corporate bonds, […]
Because COVID-19 disrupted life in many ways, the reverberations could result in changes in your taxes for 2020, some that might be welcome and others not so much. What if you received unemployment benefits or […]
For all the dreamers out there — from career-minded students to venture-seeking entrepreneurs — we bring good news. Long-term employment projections predict double-digit growth in a diverse group of industries that have one thing in […]
Americans were already struggling with their personal finances, and then COVID-19 hit. According to the Pew Research Center, 44% think it will take three or more years to recoup their losses for those financially impacted […]
Most people worry about money, and some of them even have a fear of spending money. Americans think and worry about money most of the time. At least 70% of Americans are in debt, with at least […]
If you work for a company that offers a retirement plan, such as a 401(k) or 403(b), you probably have the option of making “traditional” or “Roth” contributions to your account. While having more investment options […]
Is it possible to save money and thrive in an uncertain economy? The way to move forward and progress financially is often unpredictable. But taking the right steps now could set you up for financial freedom down the […]
Financial Freedom. The ultimate goal for many of us. But what does it really mean, and how do you get here? Those are the questions that a lot of us get stuck on. Financial Freedom […]
A “rule of thumb” is a mental shortcut. It’s a heuristic. It’s not always true, but it’s usually true. It saves you time and brainpower. Rather than re-inventing the wheel for every money problem you face, personal finance rules […]
Studies show that women have better investing outcomes than men, despite claiming less knowledge and confidence, which I find fascinating. These stats also make me feel quite smug about the countless conversations I’ve had with […]
Want to learn how to turn $40,000 into $750,000 with just one rental property? That’s the power of real estate, and the subject of the case study later on in the post. But real estate […]
Depending on your lifestyle and location, you may need up to $600k to retire comfortably. However, only 14% of Americans in their 40s and 50s have more than half a million put away. During the COVID-19 pandemic, […]
Let’s be honest — investing sounds a lot sexier than building an emergency fund. But the truth is that many people get into the stock market before they’re financially ready for it, and while the […]
Tax-loss harvesting is the strategy of purposely selling some holdings at a loss in order to offset the taxable profits of another investment. Investors “harvest” a loss from one asset and can then use the […]
More than 6 in 10 Americans aren’t on track with their retirement savings, according to the Federal Reserve. If you’re getting close to retirement age and still working on your nest egg, you might have […]