What to Do in Your 30’s and 40’s.
In this post, we will build on some of the previous financial habits and strategies established for those in their 20’s.
What to Do in Your 20’s.
Here are a few financial and life considerations for those of you in your 20’s; entering the decade where you may finish your education!
Three Types of Money.
When you ask yourself if you have enough money to afford something, it sure helps to know which type of money we’re talking about.
Asymmetric Risk.
It’s helpful to remember that risk is the fee that we pay to be in the investment game. It’s not a fine for doing something wrong.
Basics of Term Life Insurance.
The main benefit for term life is that, especially in the younger years, you are able to rent a large benefit for an inexpensive premium.
Roth IRA: The Multi-Tool of the Financial Industry.
The Roth IRA is our industry’s equivalent of the multi tool. You can do a lot with it. And you can fund it a lot of different ways.
Margin for Error.
Whether you’re trying to stabilize your finances, or maximize your opportunities, you are wise to keep a respectable margin for error.
The Gas Gauge in Retirement.
When we look at retirement readiness, we use a gas gauge of sorts. We input things like age, salary, and current 401K balance.
The Best Way to Greet Scary Times.
It’s simple (and oh so hard) to admit that you don’t know everything, and to humbly lean on the wisdom of others.
Making Money in a Bear Market.
Making money in the bear market: when the market goes down, it’s amazing how fast and hard it come roaring back.