It all adds up

Consumerist.com Article…Americans acquiring debt faster than retirement savings

http://consumerist.com/2013/10/24/americans-racking-up-debt-faster-than-we-save-for-retirement/   This article re-enforces the importance of our behaviors. Small, incremental changes, when consistently applied over time, make substantial results. Saving 10% instead of 5% , or saving to pay with cash instead of going into debt, choices such as these will determine whether you are able to retire …

Planning and Paying for College

Planning and Paying for college is a major undertaking for most families. I believe strongly that further education is important to our success as individuals and as a society. Further education does not necessarily mean a 4 year bachelors degree for a desk job. Mike Rowe of Dirty Jobs fame …

Roth IRA

Starting a Roth IRA for a Teenager

As long as an individual has earnings, he or she can open a Roth IRA and invest up to $5500 per year (or their total gross income, whichever is less). It does not matter where the money being invested comes from.  Some parents do a matching system where they will …

Personal Finance Education in Schools

Yesterday I was having a conversation with some of the guys I work with (or was it today, Night shift gets me all turned around.) and we started talking about personal finance education in schools.  When I attended High School we had block scheduling, with 4 courses a day for …