Investing
You just got a 2% pay increase! Use it wisely.
…well, kind of, sort of. On Dec. 17, Congress agreed to extend many of the Bush-era tax cuts, which is generally pretty awesome in the more-money-in-my-pocket way but not so much in the holy-staggering-national-debt-increase-Batman! way. In addition to the extensions is what I’ll call Making Work Pay 2.0 (officially the Tax Relief Act)—a employee payroll … Continue reading … Continue reading Great Time to Start an IRA
“You’re in your early 20s. That’s too early to start thinking about retirement.” Wrong. So completely wrong. Now is the best time to think about retirement. Sure, it’s a long way off, but even a small percent of your salary can mean a nice bit of savings in the long run thanks to the power of compounding interest. … Continue reading
My Craziest Investment: Lending Club
finished my BA a couple of years ago better off than some, in terms of student loan debt, but worse off than those lucky people whose parents paid their way. Between those loans and dumb credit card debt I accrued while in school, I pay a fair amount toward debt every month, but I also make sure to save and invest. I take advantage of my company’s matching in a SIMPLE IRA, have my own ROTH IRA, and occasionally throw some spare money at a non-retirement investment account or two. The most interesting? My Lending Club Account. … Continue reading
