A vital part of sticking with any goal is to know your “why”. Having a clearly defined vision of why you want to achieve something, will sustain you during hard times. Writing down your goals and knowing your why can help you create opportunities when faced with oppositions. My long-term Read more…
**Update to initial post: HSA limits for 2021 have increased!** In my previous post, Annuity or Not?, I mentioned that one of the ways that I’m preparing for retirement is by contributing to my Health Savings Account (HSA). The HSA was designed to help offset health care costs. In order Read more…
Could you imagine going from making a six-figure salary to almost homeless? Well that’s what happened to Elizabeth White. I was both saddened and enlightened by her PBS NewsHour interview, which highlights the topic of financial fragility. The National Endowment for Financial Education (NEFE) conducted a study and concluded that Read more…
Alright, let’s say you have a clear vision of your money’s purpose. You even have your budget (or spending plan, whichever you prefer) in order and you’ve executed your plan to get out of debt. Furthermore, you have money set aside for future use, in various sinking/savings funds and enough Read more…
You know the routine…every New Year after we deplete our accounts or get that credit card statement, we make a resolution to not dig ourselves deeper into debt during the holidays ever again. Well my friend, here’s your opportunity to achieve a different result. How so? I’m glad you asked. Read more…