One of the best investment options when you’re planning your retirement is a Roth IRA. I discussed this in detail in my previous guide to Roth IRA, but to recap, it is a specific type of individual retirement account (IRA) that allows you to not only grow your investments tax-free but also to take tax-free …
Wasn’t it Warren Buffet who once said, “Someone’s sitting in the shade today because someone planted a tree a long time ago.”? This is a mantra I like to live by when it comes to financial planning – you can never start too early if you aspire to live a comfortable life. Like all things …
The first step to financial freedom is to save some of the money that you earn. The next step is to make some of that saved money go to work, by investing it into something. To keep it short, the general consensus is that you invest in stocks that you are familiar with (ie. if …
A ROTH IRA is an important investment “folder” where you can buy/sell assets (stocks, bonds, ETFs, mutual funds, etc..) with the intention of not touching that money until you’re retired. Named after Senator William Roth, the Roth IRA was introduced as part of the Taxpayer Relief Act of 1997. The biggest appeal to a ROTH …
Creating a top 20 personal finance tips list is hard to do because everyone’s situation might be different. The thing is, there are some fundamental things you NEED to know if you want to be financially free. These are money habits that you need to learn, and then remind yourself regularly, so that you live …
