Would you raid your retirement accounts to make a down payment on a home? Recently, I read an article about millennials taking an early withdrawal from their 401k to fund a downpayment on a home. The article went on to say that most millennials who took an early withdrawal were dissatisfied with their choice. In […]
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Building Wealth: 6 Ideas to Help Turn Your Pennies into Benjamins
Let’s face it: When it comes to money, we all want more of it. Unfortunately, few really understand what they need to do to earn more money. Sure, landing a better job or getting a raise will boost your income. That’s great, but a small bump in your paycheck usually isn’t enough for building wealth […]
How to Invest Your Money Wisely -The Basics
Learning how to invest your money wisely is one of the most important things you can do to create an awesome future for you and your family. Saving and investing your hard earned money over a long period of time allows the power of compound interest work its wondrous magic! When you learn how to […]
Late Start Retirement Investing- 7 Tips to Help You Catch Up
I get plenty of emails from people over 40 who haven’t saved enough for retirement. A lot of them are having financial troubles beyond that, which need to be addressed first. But the lack of retirement funds is always a nagging problem beyond their immediate financial needs. In fact, it’s usually the cause of their […]
The Miracle (or Curse) of Compound Interest
Most of us have probably at least heard of the term “compound interest” at one time or another. Usually it’s attached to the idea of investing money and watching it grow over time, building upon itself to get an exponential return. Compound interest is a great concept that will make you much richer over time […]
