Early Payoff

But money is the greatest commingler of all. While it is pretty tempting to commingle the money of your lemonade stand and the money of pizza sales, you should resist it, since this will be the fastest way to confuse your accountant and the IRS. It is high time you create a barrier between the […]

Finally, you’ve managed to build your company and it works! You make money now, receive more and more orders every day, and already think of recruiting another person for your team. Congratulations, it is a great success, though it is really scary. Anyway, it seems you’re on the right way, and you have to make

Setting a price is like trying to peek into an abyss. How to be a fair and yet make ends meet? The good news is that there is no mysticism in this task, only calculations and a healthy dose of confidence. Here is what I can offer you in a handy list. Step one –

Great job! Thus, now you’ve got some inheritance. Yes, yes, it is very challenging to deal with this feeling of loss and suddenly have extra money in your account. However, do you understand that you are holding a golden ticket in your hands? It’s time to start dealing with your finances so that you wouldn’t

Retirement is another planet when you examine tons of textbooks. I would not even say that because it is obvious. Nevertheless, I am aware that you might think that it is a bit premature for you. Well, after all, it seems like you should be worried more about your grades. Still, learning about finance is

Congratulations! Now it’s time to learn how to handle money without going crazy. Automatic investments are the only and most profitable way you could ever earn money. Let’s clear up all necessary stuff first of all. You must have a brokerage account. Companies such as Fidelity, Schwab, or Vanguard do not charge any kind of

If you look at a stock chart for the first time, it looks like an attempt to interpret hieroglyphs from some alien civilization. Do not be scared; it is just a picture of human emotions within some period of time. The vertical axis is the thermometer, which is used for measurement of the stock temperature.

It is rather possible that your old 401(k) account is inactive and accumulates unnecessary charges. The transfer of the account to another one is crucial, particularly if you are going to purchase your first house. You return control over your investment and charges. That is, you have to save money rather than spend it on

Your account is a 401(k) plan because of your summer job, and the sum of money is too tempting. It certainly is. However, taking out this money is a terrible decision. It can be compared to setting yourself on fire just to roast a marshmallow. 🔥 In case you take out this money, you will

However, let’s face reality – estimating risks sounds as exciting as doing homework in math during weekends. Nevertheless, if you don’t want to lose your lunch money, pay attention. At the moment you aren’t the next Steve Jobs, Amazon, nor Microsoft, so don’t act as if you were. This is a “do not be an