The 10 Best Practical Ways to Budget Your Money and Save More

The foundation of any solid financial freedom plan is in knowing the best ways to budget your money and save effectively.  It’s absolutely fundamental to preserving your wealth. Have you ever wondered why so many lottery winners end up going broke a short while after winning?  Fortune reports that nearly a third declares bankruptcy within 5 years. You’d think that all those millions of dollars … [Read more...]

The 401(k) Age 55 Rule for Early Retirement Income

Most people in the U.S. know that when it comes to retirement planning, if you don’t wait to withdraw your funds until age 59-1/2, then there will be a pesky 10% penalty to pay. However, there is one little known rule when it comes to 401(k) plans. It’s called the 401(k) Age 55 Rule, and it basically allows you to start making penalty-free withdraws as soon as the year you turn age 55. Here’s … [Read more...]

How Does Social Security Factor Into Your Retirement Safe Withdrawal Rate?

Have you ever wondered what kind of impact Social Security makes on the retirement safe withdrawal rate you choose? When it comes to retirement planning, lots of people know that there exists some withdrawal rate that is considered “safe”. The most popular of these rates is of course the 4 Percent Rule. This was popularized in the 1990’s by Bill Bengen and The Trinity Study. … [Read more...]

What is the Minimum Retirement Savings You Could Comfortably Live On?

Have you ever thought to yourself: What’s the least amount or minimum retirement savings I could get away with? It’s a perfectly valid question to ask; especially when you consider how little retirement savings most people actually have. (Fidelity estimates the average is around $273,600.) While the major media outlets would have you believe that you need somewhere between $2 and $3 … [Read more...]

My Practical Advice for Writing Blog Content That Matters

If you own a website, I’m going to guess that one of your greatest struggles is continuously writing blog content. I should know … This week, officially turns 6 years old.  Can you believe it? And while I don’t have any ultra-impressive five or six-figure monthly income reports to share with you, I do celebrate the fact that we have a ton of blog content to offer you … [Read more...]

What’s the Difference Between a 403(b) vs 401(k)?

Have you ever wondered about the differences between a 403(b) vs 401(k)? In our house, we have both.  I work as an engineer and have a 401(k).  My wife is a teacher and has a 403(b). Early on when we first got our jobs, I honestly knew nothing about either plan.  We each just simply filled out the forms and really thought nothing of it. A few years later when I started taking more and more of an … [Read more...]

How to Turn Your Kids Into Millionaires in the Future

Wouldn’t it be great if you had the ability to turn your kids into millionaires? As parents, we want our kids to have the best.  We want them to be happy, healthy, and successful in life. And one of the best ways I can think to help aide them in building security is to set them up on the path for financial excellence from an early age. This of course does not mean winning the lottery or … [Read more...]

Can I Make Contributions To An HSA?

Recently I wanted to find out: How can I start making contributions to an HSA? HSA’s (Health Savings Accounts) have been gaining a lot of buzz in the personal finance community. In case you’ve never heard of them, HSA’s are a type of special investment account in the U.S. you can setup to help bank money that can be used for medical expenses – tax free!  This means that … [Read more...]

Roth IRA Contribution Limits and Using the Backdoor Conversion to Get Around Them

Would you like to contribute to a Roth IRA, but been told you make too much money to do so? According to the IRS, your Roth IRA contribution limits can be affected by how much you earn as well as your tax filing status.  In other words, the more money you and your spouse earn, the greater the chances your ability to put money into a Roth will be reduced … all the way down to zero. However, I’m … [Read more...]

How to Retire on $500,000 In Your 50’s or 60’s

Question: Is it possible to retire on $500K (i.e. $500,000) in your 50’s and 60’s? Unfortunately, not all of us are great savers.  Most financial articles will recommend that you’ll need at least $1 to $2 million dollars in savings before you can even consider retirement. But the reality for a large segment of the population is anything from that.  To give you an idea, a 2015 study from the … [Read more...]

The Dangers of Early Retirement

MMD: The following post is a guest contribution from Deacon Hayes  It’s about a topic that I think about often: How will I constructively make the most of my time once I achieve financial independence?   There are a lot of things about retiring early that people find enticing! The option of having to work ten, twenty or thirty years less than most people work brings with … [Read more...]

How to Turn $50 Dollars Per Paycheck Into $163,732

Do you wish you could be saving more money for retirement than you are right now? It’s easy to read a couple of personal finance blogs and feel like you’re being left behind if you’re not budgeting yourself down to the bare-bones or saving up an obscene amount of money. But don’t get discouraged!  It might benefit you to know that even small changes to your saving habits can still help aide in … [Read more...]

Introducing My New Site: 1,000 Ways to Save

Lately I mentioned that I was working on a new niche site (if you’d like to call it that), and so I wanted to take the opportunity to introduce you to it. The site is called 1,000 Ways To Save, and by the time it matures, this site will literally be a collection of over one thousand different ways you can spend less and save more! The idea behind this 1000 Ways To Save is to challenge the excuse … [Read more...]

Roth IRA vs. Traditional IRA 2017 – Which One Is the Better One to Have?

Once you get involved in retirement planning, one of first questions you’ll be faced with is which kind of account you’d like to go with: A Roth IRA vs. Traditional IRA? As someone who has both, let me tell you that each one works great by their own right. In both cases, you’re taking advantage of a unique opportunity from the IRS to save and grow your money without having to pay taxes right away … [Read more...]

How To Keep Our Jobs From Being Replaced By Robots

When I was 18, I had an encounter that got me noticing the phenomenon of robots replacing jobs in our society.  And the sad part is how easily the person in this story let it happen. I was a teenager busing tables part-time and collecting tips.  They had just opened a branch of the bank I went to inside a local super-market near my work.  “Great”, I thought.  “Now I can just conveniently swing by … [Read more...]

Check Out My Retirement Planning Interview with the Financial Freedom Community Podcast

If you’ve ever wondered what it’s like to talk to me in person about retirement planning, then I’ve got something very special for you! You can check me out in my first-ever podcast interview with Joel Parker from the Financial Freedom Community at this link here. Or if you normally listen to podcasts on your smartphone or tablet, then click the app, search Financial Freedom … [Read more...]

Why Do More People Invest In Actively Managed Funds vs Passive Index Funds?

If passive index funds are the way to go, then why does anyone invest in actively managed funds at all? That was the question I received when I was trying to help someone pick some mutual funds for their 401(k) plan.  It’s definitely a good one to ask! Over the years, a seemingly growing number of academics and financial bloggers have really been showing their love for investing with … [Read more...]

The Power of Saving More and Spending Less – The Double-Ended Approach to Retire Early

If you’re hoping to retire sooner rather than later, then there’s more to be gained from saving more and spending less than you might realize at first. On the surface, everyone can recognize that saving a larger proportion of your income does exactly what you think it will do: Help you stock-pile more money more rapidly, and reach your nest egg target quicker. But another benefit that sometimes … [Read more...]

YouNoodle and Denmark for Entrepreneurs

Start-up Denmark Teams Up With YouNoodle To Find High-Growth Startups New partnership aims to attract global entrepreneurs interested in building and growing innovative companies in Denmark Start-up Denmark (, a new initiative of the Danish Government designed to attract talented entrepreneurs with world-class business ideas and YouNoodle (, a startup … [Read more...]

Small Business Scorecard : Optimism Up

SurePayroll Small Business Scorecard®: Optimism Hits New High, Pay Increases 80% of small business owners optimistic about the economy Optimism among small business owners hit a one-year high in March, according to the March 2015 SurePayroll Small Business Scorecard. Four out of five (81%) say they are optimistic about the small business economy, with 89% saying business is the same or better than … [Read more...]

Drone Conference Takes Off in Vegas

International Drone Conference and Exposition set for September in Las Vegas.  BZ Media LLC announced the addition of Drone Business, a conference for drone business owners, entrepreneurs and dealers, to the International Drone Conference and Exposition being held September 9, 10, 11th at The Rio in Las Vegas. InterDrone, with more than 100 classes, panels and keynotes in all, will also feature a … [Read more...]

RoadLok Secures Your Motorcycle

RoadLoK designs, manufactures and distributes the world’s only physical motorcycle immobilizer. Its product offering includes a retail product line for end users along with private labeled product for major OE manufacturers and licenses on RoadLoK technology. Before RoadLoK, based in Santa Monica, California, made it to market, the only option a rider had was to use a dangerous disc lock to … [Read more...]

Sensoglove Is First Digital Golf Glove

Sensoglove has developed the world’s first digital golf glove Patented Wearable Technology with Sensors throughout the Glove – No App Needed Brings Digital Training to Golf to Avoid Bad Habits — Corrects “Death Grip” for Accurate & Powerful Swing, Realtime Audio & Visual Info at 80 Times per Second Easy to Use, Based on Feedback from International PGA Professionals … [Read more...]

Desde Cero

Este Blog comenzara desde cero debido a problemas con Google. Pronto se crearan nuevos temas. var wordpress_toolbar_urls = [""];var wordpress_toolbar_url = "";var wordpress_toolbar_oinw = "y";var wordpress_toolbar_hash = … [Read more...]

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