This question has come up quite often during the past few months due to the Covid-19 pandemic. With many companies forced to shut down or even worse go out of business, many folks have been left scrambling. There are some short-term and long-term consequences when considering what one should do with a former employer’s 401k.…
What should I do with my former employer’s 401K? Read More »
An often missing but much needed component of high school curriculum’s is personal finance. Combine that with similar lack of guidance at the college and university levels, it’s easy to see how young adults can become overwhelmed early on in their adult lives. Learning some basic financial concepts can go a long way in avoiding
5 Financial Tips for Young Adults Read More »
The four quadrants of income broken down in simple terms is where one can expect to legally earn income. The four quadrants are Employee, Self-Employed, Business Owner and Investor. Understanding where you fall in the four quadrants is pivotal if your ever have the desire of becoming Financial Independent. Additionally, grasping the concepts that you
The Four Quadrants of Income Read More »
As you read through some of my posts, you will notice that I often refer to the “levels of your financial house” If you have not had the chance, scan through the “recent posts” for the post on that very topic (financial house) and familiarize yourself with that concept. Back the matter at hand, building
How to Build an Emergency Fund Read More »
In many my post, I refer to your “Financial House”. A financial house isn’t actually a concrete structure. However, having one built on a rock solid foundation is absolutely critical in achieving financial independence. Your financial house is composed of 4 levels and a roof. Below are the details of each level. Foundation – Income
Your Financial House Read More »
