It seems as though people in the money industry thrive on confusion. They enjoy knowing cool numbers that mean neat things to boring people. If the discussion of topic doesn’t involve a 1040, 401k, or 403b it involves a SEP, Roth IRA, or HSA.
I won’t go into each of these today. But we should really [...]

Observing wealthy people teaches us three key factors in how they built their wealth. Keep in mind, I’m not talking about Hollywood-type wealthy. I’m talking about the kind of wealthy people we don’t see in the media. “The Millionaire Next Door” type of wealthy people. We would all be well served mastering these three factors [...]

Not too long ago, Americans’ greatest asset was the equity in their homes. However, banks have targeted the home equity loan aggressively in the last several years. This has caused a dangerous shift in the net worth statements of Americans. What was once an asset is now a liability.
The offer might be extremely enticing: You [...]