Its spring and it is a great time to do a little financial spring cleaning. There are a lot of ways that you can be frugal and save some money this year! Here are five easy ones you can do today! 1. Check Your Bank Accounts If you haven’t looked at your bank accounts in… Continue Reading
Energized and Focused
Last weekend The Wife and I went away for the first time without the boy and it allowed me to refocus on some goals and the reason for those goals. Despite growing up and even going to school on Long Island I had never been to Montauk so when The Wife suggested it I jumped… Continue Reading
What is a Grantor Retained Annuity Trust and What Does it Have to do With Facebook?
I am a little late to the story, but I was shocked to learn that a few of the Facebook founders used an estate planning technique known as a Grantor Retained Annuity Trust (GRAT) to help their future heirs save on estate taxes. It is very long term planning considering those mentioned in the article… Continue Reading
Does Ethnicity Play a Part in How You View Retirement Accounts?
Vanguard recently released a very interesting study titled, “Diversity and Defined Contributions plans: Loans and hardship withdrawals” which looked at the loan rates according to ethnicity across 7 defined contributions plans. The sample size was almost 250,000 and was made up of active participants. I don’t remember my 401(k) asking me my race/ethnicity, but apparently… Continue Reading
Considerations When Making the Leap to Self-Employment
Working for yourself may be your dream; it is certainly the dream of many who imagine not having a boss looking over their shoulder, being able to set their own schedule and spending all of their working time working for themselves and their own business. If you are a writer or artist, being able to… Continue Reading
June 2012 Net Worth Update My First Negative Month! and a Housing Update
I have been tracking my Net worth since January 2011 and while it took a long time the inevitable has finally happened my net worth dropped month over month! I am pretty pissed since I did everything right this month. I put my standard amount into cash savings , paid off the standard amount of… Continue Reading
