There are many advantages to the Roth IRA. One of those is a generous early withdrawal policy. When it comes to retirement savings, it’s a good idea to put whatever you can in a variety of tax-advantaged retirement plans. And, even if you’re self-employed, you can still take advantage of the tax-advantaged retirement plans available …
Dividend stocks can provide you with regular income or with the ability to boost your portfolio through DRIPs. One of the investing ideas that I find intriguing is dividend stocks. I’m slowly starting to build a dividend portfolio that could, in time, offer regular income. While dividend stocks might not offer the same low-cost investment …
The IRS makes a distinction between earned income vs. unearned income. Know the difference. When you file your taxes, it is important to understand the difference between earned income vs. unearned income. Indeed, one of the tax lessons that we can learn from the wealthy is that unearned income can be beneficial, depending on the …
Even if you hit the jackpot, there is no magic solution to fix your finances. Having money doesn’t mean you know how to manage it. As a newlywed who had just finished college, I looked at my finances and despaired. Credit card debt. Student loans. No job yet. I fantasized about how just the “right” …
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Lonely entrepreneur? Try coworking for a little social stimulation as a home business owner. One of the biggest battles that many home business owners fight is a feeling of isolation. After all, when you work from home, you don’t have the same social interaction that you find at a more traditional office. The isolation associated …
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Watch out for financial judging. After all, what you choose to spend money on may appear stupid to someone else. Take a step back before judging personal finance choices. We all make choices with our money every day. It goes beyond trying to cut costs and avoid wasting money. Our money choices say a lot …
