This post is as much directed to the blogging community as it is to my wife’s employer. You see, her employer offers a 401k plan (a good start) and a 4% dollar-for-dollar match (great!). However, her 401k plan is run through American Funds (bad). If you are not familiar with American Funds, they are known for […]
Lack of Knowledge is Not an Excuse!
These days, given my newfound passion for financial freedom, I often start up conversations about investing. Talking about financial matters is somewhat taboo, but I find it more interesting than talking about the weather. What I’ve learned through these conversations is that many people have no investment savings whatsoever, and their most common excuse is “I have […]
A Taxable Account Isn’t Actually That Bad
If you’re winning the game, then at some point you will start to max out your tax-protected retirement space. For a typical married filing jointly couple, each with a W-2 job, this would be $36,000 (401k x 2) + $11,000 (Roth IRA x 2) = $47,000 per year in tax-protected space. If you are able […]
Don’t Put Your Shoes On Before Your Socks
When you get dressed to go for a run, there is a generally accepted order to things that works best. For example, you put on your socks before your shoes, and you put on your shirt before your jacket. Any other way just wouldn’t make sense. Similarly, in personal finance there is a generally accepted order […]
Use it or Lose it
When life offers you a gift, you should graciously accept it. For example, when you wake up on a bluebird powder day with green light stability, you should race up to the mountains to slay some turns. Similarly, when the government offers you a gift, you should take it and run. Don’t ask questions and don’t […]
Recent Comments