What age should I start saving for retirement?
As soon as you earn a paycheck, I’m not kidding.
As a person who is self-employed, how much should I save for retirement?
There are two sides to consider: what you are allowed to contribute and what you can afford to contribute.
What is a SEP IRA?
The SEP IRA (or Simplified Employee Pension IRA) allows you, the self-employed individual, to setup a retirement account.
Why is the power of compounding so important for retirement purposes?
Compounding interest is when you are paid interest, on the previous interest you earned, hence compounding.
Should I be concerned about balance sheets and income statements for my business?
These financial reports are important to understand for the health of your business and should be well understood.
Financial Accountability is Easier Than You Think
Keeping yourself financially accountable can be hard. We live in a world where buying almost anything is as simple as clicking a button. Namu has a list of tricks and tips that can help you stay financially accountable.
Money Ignorance or Money Avoidance? Why we struggle to manage our finances.
A whopping 78% of Americans live a cash flow lifestyle, meaning they cover their expenses and indulgences from week-to-week or month-to-month, then run out of money and wait until the next check is deposited into their checking account. In a country that prides itself on having so much at its fingertips, how is it that the vast majority of its citizens can’t stretch their pay more than 6-8 weeks on average?
The age-old question: rent or buy your home?
Each time I think I’ve heard the last word on whether it’s better to rent or own a home, I get a call or text from a friend who’s deciding between re-upping a lease or making the big investment, and wants to hear about my experience.
