Traditional vs. Roth IRA: The Unconventional Wisdom

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The conventional wisdom is that if you’re young or in a low tax bracket, you should contribute to a Roth IRA. But there are some flawed assumptions there, and the whole Traditional vs. Roth IRA debate looks a lot different when you actually run the numbers. Here’s the truth so that you can make a more informed decision for yourself.Read more…

My 7 Favorite Websites for Learning About Money

My 7 Favorite Websites for Learning About Money thumbnail

I’ve been nerding out about money for 10+ years now and have never run out of stuff to learn. Even as a CERTIFIED FINANCIAL PLANNER, I’m constantly coming across new ideas and new approaches that reshape my thoughts about money. Here are the seven websites that I go to again and again because they’re constantly teaching me something new.Read more…

How to Choose the Right Investment Account

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The right investment account can make all the difference, but the right one for you depends on the specifics of your situation. This post walks you through the pros and cons of each one so that you know exactly which retirement accounts will help you get the most out of your savings, allowing you to reach financial independence as soon as possible.Read more…

How I Plan on Teaching My Kids About Money

How I Plan on Teaching My Kids About Money thumbnail

My oldest son is now 5 and I think he’s ready to start learning some money skills. My goal is to start small and keep it low-key, giving him the opportunity to make his own financial choices in a low pressure environment so he can learn from experience and start getting comfortable with money. Here are a few things I’m trying out.Read more…

A Comprehensive Guide to Building Your Emergency Fund

A Comprehensive Guide to Building Your Emergency Fund thumbnail

The security to handle whatever comes your way and the freedom to pursue the life you want without worrying how you’ll pay your bills. That’s the promise of a good emergency fund. Here’s everything you need to know about how to build it over time, how big it should eventually be, and where you should keep it.Read more…

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