Fact Check Finance: Skipping Your Morning Coffee Will Make You a Millionaire
Will skipping your morning coffee make you a millionaire? Personal finance pundits love to tell people to give up what they love to become millionaires. One of the more popular soapbox sermons says that you are throwing money away on a daily cup of joe. If you saved it instead, it would make all the difference in your future.
How to be a Millionaire
Before I give my thoughts, let’s dissect the...
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My Review: SAVVI Financial
I had the opportunity to try out SAVVI Financial. At first glance, it seems like another budgeting tool or net worth tracker. It is neither of those. In fact, I was shocked at the final outcome. Here’s my review.
About SAVVI Financial
SAVVI is a financial planning tool launched in 2018 that uses an algorithm to determine steps you can take to improve your financial health. It gives you a scientific...
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Can You Put Cryptocurrency in Your IRA?
How’s your 401(k) or IRA doing? A typical 401(k) plan returns from 5% to 8% based on a portfolio of 60% stocks and 40% bonds and other conservative investments. If your retirement plan is not meeting expectations, you may be tempted by the high returns of cryptocurrencies like Bitcoin – but should you be wary of incorporating cryptocurrency into your account?
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Start Contributing to a Roth IRA If You Aren’t Already
You may want to start contributing to a Roth IRA if you aren’t already — it make sense following the enactment of the Tax Cuts and Jobs Act.
Jackie CohenJackie Cohen is an award winning financial journalist turned turned financial advisor obsessed with climate change risk, data and business. Jackie holds a B.A. Degree from Macalester College and an M.A. in English from Claremont Graduate...
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What To Do When You Have a Bad 401(k) Plan
More than a few employers have a bad 401(k) plan. Even if the company is generally a good place to work, it’s a fact of life that the retirement plan isn’t always a top priority for management. Some employers actually have excellent 401(k) plans, but it’s probably closer to the truth that the majority have nothing better than a “me too plan” that exists primarily for the purpose of being...
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