Uncle Sam wants people to save. In fact, the government provides some pretty big incentives to encourage savings. The best way to get to millionaire status is saving money in your retirement account. Save Regularly To get to $1 million in your retirement account,...
Owning a home is a wonderful accomplishment, but it’s not without its detriments, especially when it comes to costs. One of the most intimidating things about homeownership is keeping up with the mortgage. Payments can either be made gradually or all at once if that’s...
Certain individuals are fortunate enough, either through earnings or inheritance, to possess large sums of money. In many instances, these funds are not intended to be spent immediately but invested with designs on yielding the investor greater returns at a later...
The prevailing wisdom is that workers who have access to 401(k) and 403(b) plans should max them out as soon as possible. It’s easy to see why this makes sense on the face of it. Retirement savings are a crucial issue for many Americans. Under-saving can have...
Introduction Everyone has to pay their fair share of taxes when they are earning an income. Tax revenues are used to provide public education, build infrastructure, and promote many services that are used by the public. However, taxes can be overwhelming at times and...
Efficient money management is a key skill. However, not all people execute this task effectively. In fact, many of us frequently make costly but avoidable mistakes such as: Making Purchases One Cannot Afford Everyone is guilty of purchasing a small ticket but...
