Over the course of adulthood, particularly the older you get, you are likely to open multiple financial related accounts (e.g. checking, savings, CDs, insurance policies, etc.). The more accounts you open over a lifetime increases the odds that you may lose ‘contact’ at one time or another for one or more accounts. This is particularly …
As most people are aware, the maximum amount of contributions an individual can make to her or his 401(k) plan is set each year by the Internal Revenue Service (IRS). That number has not been adjusted for a couple of years. For the 2013 and 2014 tax years, individuals were able to contribute up to …
Retirement Plans – Contribution Limits Announced Read More »
My story doesn’t quite begin the way many fairy tales do. It begins with, “Damn!” Marcus swore under his breath as he blew into his cupped hands, trying to warm them and fend off the cold October air. For the last six months or so I have been working on my first novel, a personal finance …
While there isn’t necessarily a great debate raging, there are strong opinions on both sides of the question, “is a home an asset or a liability?” There are those that believe the home they live in should be considered an asset. However, there is a school of thought, popularized by Robert Kiyosaki (author of Rich Dad …
My debut novel follows the struggle of one young man as he seeks to secure his financial future in a system that constantly applies downward force and a drug dealer bent on his absolute destruction. In the heart of Milwaukee, Marcus dreams of attending college, minus the scourge of debt, and building a firm financial foundation. …
Regular readers of this blog know that I have every intention of retiring at 60. I am focused like a laser on that target age. However, what if the economic environment and/or my financial fortunes change as I close in on 60? A recent Gallup poll indicates that in the aftermath of the 2008 the financial crisis, …
A couple of months ago I recommended Spent: Looking for Change, a 2013 documentary – sponsored by American Express and narrated by Tyler Perry – which focused on everyday Americans shut out of the finance system most of us take for granted. Available for viewing on the Spent Movie website and YouTube, the documentary noted that many of these Americans turn to …
September 6th – Update #3 Some great news. Mr. Brian Tramuel, a well-known, long-time reader has agreed to come aboard as the Editor. I reached out to Brian because I know he shares a passion for personal finance and he possesses a flair for writing. Take a moment to check out his work at TramueL.com. I’m …
August 23rd – Update #2 The novel is going well. In fact, I suspect I will be able to release it earlier than originally planned. Perhaps around the end of September. Currently, the novel is at about 36,000 words. Based on where story is and how I plan to conclude it, I suspect it will …
I met Michael through social media and was intrigued by not only the title of his book, An Average Joe’s Pursuit for Financial Freedom,but also the suggestion on the cover to change your perception of money. I’m glad he has taken some time to sit for a SavvyInterview and share some of his thoughts on personal finance. …
