Not all retirement accounts are sponsored by our employers. There are a few reasons that we might consider opening an IRA. In this post, I will go over the 2 main types of IRA accounts, when to consider opening them, what you can invest in, and how to fund your IRA. IRAs...Who Needs Them? While … Continue reading So, You Think You Want an IRA
OK. So, first, we looked at our income. Then, we looked at the necessary expenses that we have. Now, we run a quick comparison to see where we stand, so far. The comparison is rather simple. Estimated Income - Estimated Expenses (from necessities) = "where we stand, so far." Once you've performed the above calculation, … Continue reading Cash Flow Management System: The Comparison
In my last post, I wrote about ways to set some long and short-term goals for what you want your life to look like. Now, it's time to put some numbers into getting there. Of course, we'll also need to start prioritizing our goals along the way, since most of us have a finite supply … Continue reading Where Do You WANT Your Money to Go?
Up to this point, I've written about the importance of having some kind of financial plan, but I haven't really gone into how to start and maintain one. I think, at least, part of that is the fact that it took me a long time to figure out how to implement my own plan. Yes, … Continue reading The First Hurdle: Figuring Out Your Why in a Financial Plan
"The best camera is the one you have with you."Just about every photographer ever I think it's fair to say that just about everyone carries a camera with them almost everywhere they go; that camera is attached to our cellphones. And, while our phones have had cameras in them since June of 2000 (released in … Continue reading Money and Photography: The Best Plan You Have is…