Another Reason to Build an Emergency Fund!

So last month I had an emergency, one of my air conditioning units went out right in the middle of the summer heat in Texas. Luckily that has been taken care of and my out-of-pocket expenses were minimal. However, a few more events have happened since then… Another repair or replacement coming soon We’ve allContinue reading “Another Reason to Build an Emergency Fund!”

401k Retirement Plan

youtube.com/watch As I continue to learn more about how tax deferred accounts work, taxpayers do end up paying more in taxes: 1) federal payroll tax withheld and 2) then again when you take withdrawals from a tax deferred account. The two products I recommend (and started investing in myself) that offer tax advantages are theContinue reading “401k Retirement Plan”

The Market is Down

stocks.apple.com/AcoDMeiFSQ9qjGb-siJh5IQ Now that the market is down and another bank was taken over, what can we do to protect our money? Naturally when the market goes down, people tend to take out money from the stocks they are investing in. This further causes the market to continue decreasing and in turn means people are incurringContinue reading “The Market is Down”

Take control of your finances

To begin taking control of your finances, you first need to know where you’re current finances are. You need to change your spending habits and you need to change your financial mindset. Last month I did my very first financial needs analysis…. And I learned a lot about myself. I also began working in financialContinue reading “Take control of your finances”