Qualified Dividends are Your Way to Minimize Tax on Reinvested Dividends!
Long story, short, the answer is yes – you are going to have to pay taxes on reinvested dividends. While there are a ton of advantages to having your portfolio set up for Dividend Reinvestment Plans, or DRIP, tax avoidance is unfortunately not one of them. But don’t be discouraged – if you buy and […]
Retiring at 55? 9 Tangible Steps to Turn that Goal Into a Reality!
Are you pumped for this blog post? I hope so! I know that I am extremely pumped to write it and show you all about my plan for retiring at 55…or maybe even earlier! If you’re like most people and you want to instantly skip to the bottom the bottom of my post to find […]
Use the ‘Rule of 0’ to Understand and Defeat the Impulse Buying Definition
Have you ever found yourself sitting in lie at a store and suddenly you see it – the item that you never knew you wanted and now you have to have it! So, you buy that Coke, Doritos, Snickers, etc., just because it was convenient. You didn’t need it, you wanted it. It’s an easy […]
Curious What the Average 401k Match Is? I Bet You’ll Be Surprised!
One of the biggest mistakes that I oftentimes will see people make is that they will not take full advantage of their 401k match. Honestly, I think that this mistake can have many, many years of potential repercussions, but it makes me wonder – what actually is the average 401k match? Before we get too […]
“I Don’t Get It – Why is Investing Important?”
So many people will ask me “why is investing important” and at the end of the day, it really boils down to one thing – a lack of financial literacy, or as we like to call it, The Language of Money. What do we mean when we say, “the language of money?” Well, it’s simple, […]
7 Simple Tips to Avoid Lifestyle Creep
Have you ever found yourself being a victim to lifestyle creep? It might seem like a ridiculous thing but it’s most definitely not. Fortunately for you, I have been through the ringer on this and am prepared to share some tips and tricks to prevent it from happening to you! Lifestyle creep is also sometimes […]
S&P500 Investing: You Must Know the Difference Between SPX and SPY!
Post updated: 9/07/2023 It’s easy for people that have been investing for awhile to say something like, “just put your money into the stock market”. Well…duh. That’s easier said than done, but that’s why I am here to explain difference between SPX and SPY. Unfortunately, for someone starting out brand new, this is not clear […]
The Ultimate Guide to an Effective Family Finance Meeting
Do me a favor and before you read anything further, go use the bathroom. Get yourself a drink. Eat a snack. Get ready, because this post about hosting an effective family finance meeting is legitimately one of the most lifechanging things that I think you can do for both yourself and your family. If you’re […]
Is the Santa Claus Rally a Real Thing? Spoiler – It is!
I recently was having a conversation with a coworker where they said that the Santa Claus Rally was one of their favorite times of the year when it comes to investing. I have heard the term of Santa Claus Rally before but it’s typically on CNBC and truthfully, that’s the exact type of phrase that […]
Safe, Massive Dividend– Why Preferred Equity Stocks Might Be for You!
If you’re anything like me, then you’ll find yourself watching Shark Tank and wondering what certain terms mean that the sharks are using. Personally, one of the very first terms that I didn’t understand years ago when watching the show, was preferred equity, or preferred stock. I mean, personally, I think I always prefer stock…and […]
