Personal Finance
Personal Finance Articles
Products and services have been getting more expensive for years, and wages haven’t kept up. Although the affordability crisis can leave many people feeling discouraged, it’s still important to...
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One of the biggest questions anyone will ask about their financial future is exactly how a 401(k) works. At some point, this important and well-known financial program will stump most people with...
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You would think that in a country which, at least publicly, preaches the tenets of capitalism so ardently, and has launched numerous wars to supply its capitalist system, it would at least provide...
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A high-income job doesn’t guarantee happiness. One Redditor posted in the FIRE subreddit about their $100k/yr job. The individual is very stressed and is considering quitting the job to get an...
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Setting retirement goals can inspire you to earn more money and tighten your expenses, but you don’t want to set unrealistic goals either. That’s why a 31-year-old man posted his numbers in the...
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When work gets stressful, some people want to take a step back and take a break. However, it becomes more difficult to leave work, even temporarily, when you have a family. A Redditor finds herself...
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If you’re 55 with little or no retirement savings, you’re not alone. A lot of people find themselves reassessing their financial picture later in life, especially with the cost of living climbing...
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The financial world gets easier to understand as you dive deeper into it, but it can feel very complex for someone who is just getting started. That’s how a Redditor feels, and they posted about it...
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Ever seen someone homeless and thought, “McDonald’s is always hiring. Why don’t they just get a job and work their way up like everyone else?” One self-made millionaire was so convinced that...
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If you inherit an IRA, you must withdraw all of its funds within 10 years. This spacing is quite beneficial since you can plan withdrawals over time to minimize your tax burden. Furthermore, if you...
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One of the biggest challenges in personal finance is what to do when you buy something only to have buyer’s remorse shortly thereafter. This is an all-too-common scenario that plays out for...
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Every financial planner will tell you how important it...
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Retirement is a long-term goal that often requires multiple decades of planning. You have to save money, invest it, and calculate how much you’ll spend each month when you retire. There are...
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While this isn’t universally true, the hope is that everyone in their 20s starting their careers is focused on building as much wealth as possible. Given the job market these days, this is becoming...
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Brokerage firms charge various fees, and one of the common costs is an account transfer fee. Many companies charge to transfer a 401(k) plan from one firm to another. A Redditor came across this...
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