401k and other retirement plans: a closer look

If you want to secure your retirement, your 401k, or equivalent plan, is very important. I have spoken about retirement accounts before, and I have also stressed the importance of doing so over a long period of time. Related: Saving Is Time-Sensitive. The Time To Save Is Now! Perhaps even more important is understanding the ways each type of plan works, and which ones should be prioritized. In reality, I'm not sure I can cover all…

Continue Reading

Starting the FIRE: How to Retire Early

I don't know about you, but personally, I definitely fret over the idea of working "forever." That's why, as mentioned on my various social media profiles, I'm starting the FIRE! Of course, I wouldn't actually work forever. But when I consider the idea of working until 65 or 67 - I figure I may as well be. Thankfully, my friends, I'm here to tell you that although I have yet to retire, and many people do work until…

Continue Reading

Prioritizing savings and debt: which is more important?

As you can probably imagine, one of the things I spend a lot of time doing is reading comments on other blogs. I also read comments in Facebook groups, posts in forums, etc. It's always good to stay attuned to the questions many of you out there regularly ask. Usually, a common theme in many of those questions is prioritizing. In other words, is it better to save while simultaneously paying down debt? Or should…

Continue Reading

Saving is Time-Sensitive. The time to save is now!

Look, money isn't easy. I'm so sure of it that you may have noticed that very phrase at the top of this page. But just because it isn't easy doesn't mean you can't make improvements, and saving should be a key component of that. The main reason I started this blog was that I started to realize I could really take control of my own finances. I also started to realize that if I can…

Continue Reading