Do you know that about 288,000 Americans filed chapter 7 personal bankruptcy in 2021? Debt can damage your life in many ways. Think about the shame, fear, and guilt that come with it. If you ask a quality bankruptcy attorney, they’ll tell you that filing for...
Christmas is a time of year to get together with friends and family. It’s also a time when we like to splurge on things like decorations, presents, and food. But if you want to have a great Christmas without breaking the bank, plenty of ways can be done! Here...
The tax-deferred bucket is an investment account that allows you to defer paying taxes on the money you contribute. This means that you won’t have to pay taxes on the money until you withdraw it. Common tax-deferred accounts include 401(k)s, 403(b)s, 457s, and...
There are three basic tax buckets: taxable, tax-deferred, and tax-free. Another way to think of them is as “tax me now,” “tax me later,” and “tax me never.” It’s important to contribute to each bucket strategically to optimize...
What if you were to gather a group of working-class Americans from different backgrounds and do a focus group on retirement planning? Chances are that most wouldn’t have a clue what their current financial position is, let alone have a retirement plan. Lack of a...
Trust Math, Not Magic The best financial strategy is one that makes just as much sense as it does money. The closer you get to your goals, the more you should feel confident and secure. You don’t need to understand every piece of financial minutia, but you do...
