Retirement Planning

There are a number of different retirement plans to choose from. But if you are an employee, the two qualified tax-advantaged retirement vehicles offered by employers are the 403b vs 401k plans. Both of these plans are named after sections 401k and 403b of the tax code. In general, private...

If you’ve never heard of the Dave Ramsey Baby Steps, it’s one popular way of achieving financial freedom. Financial freedom is to have enough money to afford one’s lifestyle without relying on a monthly paycheck. It is being able to splurge on the things that we want without having...

Adjusted Gross Income (AGI) is an individual’s total gross income subtracting specific deductions. It includes wages, dividends, alimony, capital gains, business income, retirement distributions, and other income. Payments such as student loan interest, contributions to a traditional individual retirement account, health savings account, moving expenses if you’re an active-duty...

People nowadays forget the importance of financial security. Financial Security is a state of financial independence in which you aren't worried about your income being enough to cover your expenses.  To help you deal with your finances, we listed the top 10 Ways to help you ensure Financial Security. Invest In...

When looking at IRA vs 401k, you might get a little confused when choosing which one to invest in. True enough, the more you learn about investments and retirement savings plans, the more complicated the questions get. Your savings and investments now will have the most impact on your financial...

When it comes to managing finances, there are no hard and fast rules. Some methods work for some. For others, it’s all about trial and error.  Yet one thing is certain: we can always learn from others who have already successfully done it. This is where finance books come in...

Securing your finances will take more than just having a savings account. We purchase insurance, bonds, and invest in assets that we believe will help our money grow. And investing in stocks is one of those options. Buying stocks may have become easier but knowing what are the best...

What are savings bonds? Sure you have a savings account. Is it the same as savings bonds? Should you get yourself a savings bonds account? What are the benefits of investing? Once you get through this article you will learn everything you need to know about savings bonds and...

Being able to save a million dollars is a dream for many, but it shouldn’t stay a dream. You have the power to make it a goal, and eventually a reality. Many of us wish to have such a large amount on our hands, and yet most of us...

What Are Liquid Assets? Most of us have heard or encountered the term "liquid assets" at least once but might not really understand what it means. In this article, you'll find out what it is and why is it important. Especially, when it comes to managing your finances. The term 'Liquid...