Investing

Don’t hire a financial advisor

When people start earning more, I usually see them ask others: “Should I hire a financial advisor? ...

Investing

What accounts can you use to save for kids?

Before you read this page, I wanted to highlight a few strong “rules” that I adhere to ...

Retirement

Should I wait to do a rollover if my investments are down?

Great question recently from a coaching client: “I am about to move forward with moving my funds ...

Investing

Your financial advisor is not legally required to invest in your best interest

Did you read that right? Yep. There is no law in the United States that says that ...

Personal finance

Actually, buying a home can be throwing money away

I got to hand it to the real estate industry for making everyone believe that owning a ...

Retirement

Retirement in the U.S. in a nutshell

Let’s. stop. overcomplicating. things. Yes, there are a lot of ways to save for retirement, and if ...

Investing

9 things I wished I knew about buying a co-op

A big thanks to “T” from my Save My Cents community for all your help with this ...

Investing

Financial Advisors versus Robo-Advisors

One of the most common questions I get here at Save My Cents is – should I ...

Retirement

How compound interest works for (and against) you in personal finance

Albert Einstein once said that compound interest is the eighth wonder of the world. Understanding how compound ...

Personal finance

Funding your retirement vs. funding children’s education

Many American parents face a very difficult decision: Should they fund their own retirement, or save money ...

Retirement

I left my job. What should I do with my retirement fund?

Did you leave a job recently? Now’s a great time to take a look at what to ...

Investing

WTF Markets?

There has been a lot of talk about our current bear market. Unless you’ve been living under ...

Investing

Four reasons why you should NOT buy a house in a HCOL area

Over the years, homeownership has been sold as the American Dream. If you buy a home, you’ve ...

Early Retirement

Early Retirement: Maxing Out My Tax Accounts for Max Tax Savings

If you have been following me for a while, you know that I recommend maxing out your ...

Investing

Why I am happy with “average investing returns”

In my opinion, the best life lived is one that is quiet. Same goes for wealth. Overnight ...

Investing

Five basic concepts you need to know about investing

Investing can sound intimidating, but when you take time to learn some basic habits, actions, and principles, ...

Early Retirement

How I became a millionaire in my early 30s

Recently, I had the honor of being featured by Business Insider. In this article, I talk about ...

Investing

529: The College Saving Plan

How the Save My Cents approach 529s We always wanted children and true to Save My Cents ...

Investing

Is investing in the stock market really complicated?

When we think of stock investors, we think of intense brokers on the trading floor and people ...

Early Retirement

Wealth draining forces: inflation and depreciation

Once I understood the concepts of inflation and depreciation, it was as if a whole new world ...

Retirement

Save My Retirement Masterclass

How does the class work? Class registration opens few times a year The first 60 days you ...

Retirement

Retirement account vs. investment – the difference

This is a very common source of confusion for many people who ask me questions, it starts ...

Retirement

Are you paying attention to your public pension?

In the United States, around 20% of the workforce are considered public sector employees, either employed by ...

Retirement

Retirement: Maxing out the 401(k) over 13 years of employment

Over the years I have always made it a priority of maxing out my 401(k) to the ...

Early Retirement

Retirement: The great Roth vs. traditional debate

More than once, I have seen the Roth vs. traditional debate paralyze someone into inaction when it ...

Early Retirement

My journey to work optional / FIRE in one graphic

Recently I presented to a college group on the importance of maintaining mental health and personal finances, ...

Personal finance

Shang on TV – why are the markets volatile and what can you do financially right now?

I had the honor and pleasure of appearing on FOX-2 in Detroit, as well as Living in ...

Investing

Real estate investing in New York – fireside chat with JLC & Associates

Today’s interview comes from someone who has been instrumental to my own journey – my real estate ...

Debt

Everything you need to know about creating an emergency fund

Life is unpredictable! The emergency fund (EF) is incredibly powerful because it helps break the paycheck to ...

Retirement

How we are saving 5 figures of money this year by donating index funds

I’d often seen on charity donation pages the ability to donate stock, and it never hit me ...

Investing

The first 10 baby steps towards investing

There’s a whole reason why people write books on investing. It is because it is a complex ...

Early Retirement

My first 401k – from $45K to $115K in 10 years

The path towards financial independence / retiring early (FIRE) requires two things: Reducing your total expenditures to ...

Early Retirement

Why Save My Cents

A couple years ago I came to the conclusion that it was very unlikely I would be a ...

Investing

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