Reasons Why Cash Is Kin...

“Cash is king” is an age-old saying often used to explain the failure of both businesses and consumer households. Without the proper amount of cash on hand, both of these entities can run into major trouble, and even be forced into bankruptcy. Businesses must have cash on...

How to Calculate Your P...

Many of us wonder what we are worth. I’m not talking about what we’re worth as people, which is an entirely different concept. I’m talking about what we are worth in monetary terms. In most cases, this is a fairly simple exercise. Net worth is determined by subtracting...

How to Stretch Your Pay...

When I think of different ways to make my paycheck last longer, my mind typically contemplates the little ways to save money like canceling cable TV, going without my daily latte, or cutting coupons. But while it’s true that little things can add up to big savings over time, there...

12 Ways to Become a Mil...

Unless you win the lottery, have a rich uncle, or are extremely lucky, there is no quick path to becoming a millionaire. A lot of people look for get-rich-quick schemes, but the truth is that they do not really exist. Becoming a millionaire is a goal that many strive for, but few obtain....

Vanguard Brokerage Revi...

Vanguard is one of the most renowned online stock brokerages out there today. Founded by John C. Bogle, the creator of the first index fund, Vanguard’s investing philosophy is low-cost, long-term, and no-hassle. Vanguard offers the full gauntlet of investing services including...

Revisiting the Advice t...

The following is a guest post from Marotta Wealth Management . In 2010 I published a column entitled “Now’s Still the Time to Buy a House.” Investing is like chess in slow motion. It is important to review your moves to see how they turned out. Sometimes they...

Interactive Brokers Rev...

There once was a time when you had to go through a brick-and-mortar broker to invest in the stock market. This broker would charge you exorbitant commissions on simple trades that might not get executed for hours or longer. But with the advent of online discount brokers, not only have...

How to Withdraw from Yo...

Buying a home can be a big step towards securing your financial future, but saving for the down payment can be very time-consuming. However, if you already have money in your retirement accounts, you might be able to use it to speed up the process. We’ll discuss which accounts...

401k vs 403b – Whatâ€...

On my first day at my first job out of college, I was given a big packet of information about my benefits, including health insurance and retirement. I’d read about the 401k beforehand, but my packet instead had information on a 403b retirement plan. I was confused – what is...

IRA & 401k Required...

The government wants to help you save for retirement by giving you incentives like tax-deferred growth and deductible contributions through IRAs and work-sponsored plans. But while the government forgoes taxes on the front-end, it doesn’t want to end up entirely empty-handed. At...