So how much does it cost to become a Millionaire? Not as much as you might think. How much would someone need to save every day of their life in order to be a millionaire by age 65. $10, $100? Actually it is much lower. It would only take about [...]
There is only one (ethical) way to get out of debt. You have to spend less than you make. This is not the mindset of many Americans. Just because a credit card company or store will allow you to buy something on credit does not mean you can afford it.
Debt consolidation [...]
Starting in 2007 there is a new type of 401k and 403b that will become available. It is a Roth 401k. Similiar to a Roth IRA it will allow individuals to put money into a retirement account and pay tax on it now, but no tax in the future. Instead of taking [...]
Most people have no financial education. The saying “the rich get richer and the poor get poorer” is basically a statement about this situation. Our education system is not setup to give people a good financial education. Those who get it, normally get it from their parents.
Like any education, it [...]
The US Government now allows you to use your credit card to pay for your taxes. However, when the law or act was passed to allow this it specified that the government was not to pay any fees associated with processing the credit cards. So to make everything legal, third party organizations are [...]
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