How's your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high … [Read more...] about Can You Put Cryptocurrency in Your IRA? Study Shows Interest.
Do you think about your debt at least once a day? Do you worry about how you'll ever get out of debt? Do these questions sound like the beginning of an infomercial for a credit counselor? I think I have a problem, but you probably don't know our … [Read more...] about Is the thought of debt ruling your life?
Shadox from Money and Such wrote up an excellent article about 401k Matching Pitfalls. After waiting for a year before my employer began matching contributions, I finally began contributing to my 401k this past May (my 1 year anniversary at my … [Read more...] about 401K Matching and Vesting
The first step to fixing your finances is to create a budget. Once you know what you're spending and whether your income can cover it, you'll be better positioned to take the next step... Saving for Emergencies and Retirement While growing up, if I … [Read more...] about Fixing your money mistakes: Save, save, save
This tax season, I was quite surprised when I found out we weren't getting the $5,000 tax refund we got last year. Actually, we owe about $1500 (federal). What happened? 1. We (combined) earned about $X0,000 more from 2005 to 2006 because of … [Read more...] about No Employer 401k Match – Should you still contribute?