Little Know Facts About Retirement Distributions


You've been religiously contributing to your retirement funds for years. Your employer 401K may be your largest investment account. Understanding what you can do and should do with it are huge factors in your successful use of the retirement funds. I retired in 2010. Here are a few things that surprised me when deciding how to take my distributions. Background My company retirement funds were divided into two plans. When I first started, the company made all the contributions and it was all in company stock. Later, when they switched to a combination profit sharing/401k plan, the company shares just…

4 key money habits to impact to your children when young


Who we become when we are adults always stems from what we were taught when growing up and especially what we learnt from our parents. As your children grow, they are always observing how you earn, spend, save and invest your money. To ensure that they grow into being financially free individuals, you should start teaching your children the right money habits and attitudes from their tender age. This will result to them being more prudent in personal budgeting and financial planning when they grow up; and avoid the rat race of earning to pay monthly bills without saving and…

3 Effective Ways to Stay Entertained Without Blowing Your Budget


If you’ve ever visited a dietary expert to get tips on how to eat well, you might have been told, “Everything in moderation.” After all, unless you have a health problem that makes it unwise to consume certain foods or ingredients, it’s usually okay to indulge in favorite treats from time to time. Moderation is also a key principle when it comes to staying entertained. Luckily, in that case, moderation doesn’t equal boredom or feeling like you’re missing out. Use Gift Cards to Keep Spending in Check Gift cards are quite convenient because they usually don’t expire. Also, you can…