The word “budget” is usually associated with restrictions. Like “dieting” it’s associated with cutting back, or depriving yourself of something. But we think that’s the wrong way to think about…
Tag: Save More
If you’ve had a bank account or visited a bank in the United States you’ve probably seen the letters “FDIC” before. FDIC stands for the Federal Deposit Insurance Company, a…
Buy Now, Pay Later (or “BNPL”) has exploded in popularity recently. While each BNPL company’s offerings are different, the most common is a simple zero percent interest installment loan. When…
Buy now, pay later has exploded in popularity recently. These services offer a number of different options for paying with credit but the most common is a zero percent interest…
If you leave a job where you had a 401(k) you’re faced with a decision: what do you do with the 401(k) account at your old job? The money in…
A rollover IRA is an Individual Retirement Account that is funded by closing a 401(k) (or similar account) at a previous job and moving those funds to the new individual…
Vesting refers to the process of a financial benefit becoming yours over time. The most common example is a 401(k) match. (There are other types of compensation that might vest,…
When you contribute to a 401(k) you put your own money in, called a contribution. That contribution is made with pre-tax dollars, invested within the 401(k) account, and grows tax-deferred…
A 401(k) is an employer sponsored, tax advantaged account for saving and investing for retirement. You contribute pre-tax dollars to it, invest that money, and then withdraw the money in…
IRA’s, or Individual Retirement Accounts, are tax advantaged accounts for saving and long term investing for retirement. The two most common types are Roth and traditional. You can make contributions…