The BEST Investment Account That Only 9.6% of People Have

Medical items and bills can actually be something we can use as a huge tax saving. How? It is an often misunderstood and little utilized account called an HSA which stands for a Health Savings Account. A beauty of the HSA is that there is a triple tax advantage. This works because the money goes in tax-free as pretax income, this money grows tax free, and the money comes out tax free. HSAs are the only account that has pretax contributions AND tax free withdrawals, but you must have qualifying medical expenses.

How to Become a Tax-free Millionaire

Amidst the rush of preparing for the holidays, take some time to look at your finances and see where you need to make improvements.  Do this now before the new year. Start 2023 with a solid financial plan. One account you need to consider adding to your portfolio is an IRA, specifically a Roth IRA. A Roth IRA can help you become a tax-free millionaire. Want to learn how? 

Betting on the Stock Market to Fail is Betting on Yourself to Fail

Many are predicting a rough financial road ahead. And because of that, some will advise against investing in the stock market. This is a time to take pause and to really educate yourself before buying into all of the hype. Before stuffing your money under a mattress or halting investing, let’s look at things critically and get a good understanding of the stock market, so you can make informed decisions rather than those that are reactionary and emotional.

Life Insurance Is A Must

Life insurance is a Must. if you have dependents and need to insure compensation for them if you incur any kind of illness and when you die, you need to have life insurance, but what kind of insurance is the question. There are two basic types of life insurance: permanent life and term life. There are several types of insurance that fall under permanent life. Let’s Break these down…

The Elixir to Success: Consistency & Laziness

I am often asked about my success and what my special recipe is or the secret elixir to create success. I wish I could attribute it to something innovative or profound. But that is not the case. Truly, my success comes down to two key things: consistency and laziness. If you are ready to take control of your finances but don’t want to waste hours a month, The Budgetdog Roadmap is your key to success. My students learn to stay the course and trust the process and I even give them permission to be lazy – in a good way! 

Recession Talks – Are Bonds STILL a Good Investment in Today’s Economy

In today’s market, therefore, it seems like bonds would be something each investor would already have or would want to include in his or her portfolio, especially in light of today’s volatile stock market. However, the rising interest rates are driving bond prices down. What all of this amounts to is that we are in for some serious volatility in the market. But that should not cause us to pull out of the market. Being diversified is still the best thing for your portfolio.

Vanguard is Rolling Out Fractional ETFs

I am excited to announce that  Vanguard is FINALLY rolling out fractional Exchange-Traded Funds (ETFs). What does that mean for you or other investors who want to purchase ETFs but want to keep investments to a specific dollar amount? Fractional shares allow a person to buy a portion of an ETF for any dollar amount, even as low as one dollar, rather than requiring the investor to purchase the entire share.

The Art of Winning: What it Really Takes to Achieve Success

How do you win and achieve success? For the three plus years of owning my own business and working with thousands of clients, there are a few things that I have learned about winning. I have broken them down into five main categories. If you follow these, I am confident that you, too, will see success.