I was talking with a few friends at work the other week, and I found a common problem. They’re all smart, hardworking, business professionals who have money languishing in a big bank savings account. As hard as they work for their money, their money should be working harder for them. So today, I decided to write about four easy options to safely earn at least 2% on your savings – potentially more.
My families decision to focus on paying off a 2.75% mortgage sounds more and more mathematically stupid every day. Interest rates are now in the 2-3% risk free range. Today I’ll talk about how the math isn’t just a straightforward comparison – and how money is more than just math.
This is the time of year where people are debating whether they should use tax software, head to a tax center, or hire a CPA. One year I decided out of desperation to hire a CPA – and it backfired, big time. Come read more about that story, and all the mistakes I made, so you can avoid them.
Today I’m reviewing – and giving away! – three awesome books about money. Whether you’re looking for a book to help teach your kids about money, an guide to crafting your ideal work optional life, or a comprehensive path to financial freedom, today’s post is for you.
It may be time to rethink the value of the old advice of your mortgage being “good debt” because it’s deductible. With the limits on state and local tax deduction, and the increase of the standard deduction, the mortgage deduction bar just got a whole lot higher. Lets explore.
Today I have another letter to my boys, where I tell them why my top investing tip is “index and chill”.