Every now and then I get asked the question “How Do I Get Rich Quick?” This is usually brought about by a friend receiving spam in their inbox or running across a video with someone saying they know how to time the market and they can help you become wealthy for a small fee… Deep […]
Why give the government an interest free loan? Would they do the same for you? NO! And yet, 8 out of 10 Income Tax filers receive a refund from the IRS. Source of chart: Money.cnn.com Let’s say in 2016 you make 50k this year and are single. You’ll owe $5683.50 in Federal taxes (not […]
You must save yourself before all others. You will then have the means to save the others.
This afternoon, I found myself looking for a Retirement Calculator.
You can’t control everything, but what you can control is what you should focus on.
If you are investing any money, either in a work sponsored 401k, an individual IRA or even in individual stocks. This book is full of great information in a simple and fun to follow format. J.L.Collins has a very straight forward approach to investing and explains his ideas very clearly. I truly enjoyed this read […]
Creating money goals?
#1. Save an emergency fund.
#2. Pay off all of your debt (not including your home).
#3. Save 3 months or more of living expenses.
#4. Pay off your home.
#5. Begin saving 15% of your income.
You can visit the Mr. Money Mustache website by going to http://www.mrmoneymustache.com/
Why should the “BUDGET” be number one on your list? Because without out one you might not have a clue where all your money is going.
So, you want to retire early? Of course you do, we all want to retire early.
What does retiring early even mean?
