Strategies to Set Up Adult Teens For Financial Success

Set Up Adult Teen for Financial Success
  When your child turns 18 and becomes an adult, that’s the perfect opportunity to spend a day or two setting him up for a bright financial future. Of course, hopefully, you’ve been teaching him financial lessons throughout his childhood. Our son will turn 18 in just a few months, and we plan to use strategies to set up adult teens for financial success. Set Up a Budget The first step is...
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Best Financial Advice When You’re in Your 20s

Being in your twenties is an exciting time in life. By your mid-20s, you may have gotten your degree and gotten your first real job. You’re making more money than you have at any point in your life. In addition, you have freedom because you’ve moved away from home and may not yet be married and have kids. You are also likely to be healthy. This is one of the best periods of your life. However,...
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Fact Check Finance: Mitt Romney has $102 million in a Roth IRA?

roth ira
I recently saw a post on Instagram shared by a personal finance coach berating anyone not taking advantage of a Roth 401(k). He used Mitt Romney’s $102 million individual retirement account (IRA) as the basis for the statement. Unfortunately, he was misinformed. That’s not a Roth 401(k) First, Mitt Romney has an IRA, not a 401(k), estimated between $20 million and $102 million. Further,...
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Start Contributing to a Roth IRA If You Aren’t Already

Start contributing to a Roth IRA before it's too late.
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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