Public Employees: Use This Account to Supercharge Your Savings

Public Employees: Use This Account to Supercharge Your Savings

There are about 10 million or more employees in the United States that work for state or local governmental agencies. Those government agencies will often offer a pension plan and/or a traditional retirement plan like a 401(a) (note I didn’t say 401k there is a slight difference) or 403b. A lot of times these employers will mandate a contribution like 5% or 10% of your salary. However, that 10% contribution is lower than the recommended 15% put forward by many…

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Should You Invest in Cryptocurrencies?

Should You Invest in Cryptocurrencies?

One of the hottest things in finance today are cryotocurrencies. Cryptocurrencies are a digital, decentralized currency that it not tied to any specific country or anything. Satoshi Nakamoto, the creator of Bitcoin, wanted to create a digital cash system that was independent of different countries and the like. A cryptocurrency, like Bitcoin, works in the digital world in the sense that a network is created among people (now it is a lot of people) who say that this particular currency…

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Guest Post: Why Should You Discuss Retirement Planning with Your Children?

Guest Post: Why Should You Discuss Retirement Planning with Your Children?

*From time to time I will have some smart people write guest posts for my blog. Today, we have Rick Pendykoski, who has his own retirement planning firm and has some important advice in talking with your children about retirement planning.  Saving for retirement is complicated enough when you’re single, but it gets a lot more challenging when you have children. You need to balance your financial needs against theirs at least till college, if not beyond. In all this,…

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A Little Financial Perspective Is Sometimes Needed

A Little Financial Perspective Is Sometimes Needed

This past semester has been tough. And I apologize lately if my blog posts have appeared a bit on the whiny side. I sometimes get lost in the moment of the situation and don’t look at the forest and only see the trees. I was rummaging around some old papers today and I found something from February 2013 that provided me a little perspective on where we have gone financially over the past 4 1/2 years or so. Before I…

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Becoming a Finance Instructor

Becoming a Finance Instructor

I have blogging on personal finance issues for over 3 years and actively reading personal finance blogs for well-over 4 years. Writing the blog has certainly helped me keep track of my own personal finances, but one unforeseen outcome has been my love of helping others with their own. Over the past year I have been able to help at least a dozen other people with student loans, investing, and the like. And every time I get to help someone…

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What the ROB’s Are Getting Each Other For Christmas

What the ROB’s Are Getting Each Other For Christmas

Happy Belated Thanksgiving to everyone. If you are reading this this early then somehow you have recovered from your turkey coma. We had a fairly laid back Thanksgiving and spent it would a couple of friends. Mrs. ROB whipped up some of her famous deserts and it was delicious. We spent the rest of the day calling family and watching football.  If I really had my way this year Mrs. ROB and I would’ve been abroad for Christmas, like we…

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Being Thankful This Holiday Season

Being Thankful This Holiday Season

The holiday season is upon us. Normally, I love this time of year. I love everything to do with Christmas and like. I make no bones about the fact that I like to buy gifts for people at Christmas and I am ok with that. This year Mrs. ROB and I are doing gift giving a little differently, something I will expand in a later post. Although I love Christmas and the holiday season something about this year seems a…

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What Is a Stock Market Crash?

What Is a Stock Market Crash?

For whatever reason I love watching really weird YouTube videos. Lately, I have been fascinated by people who claim that there are secret bank accounts held by the Federal Reserve that are in each of our names. Of course there are no secret accounts, but that doesn’t mean I am not fascinated by these videos and why people think this way. A corollary to these videos are those that are predicting doom and gloom in the stock market. These prognosticators…

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When Is It Time to Leave?

When Is It Time to Leave?

For the record I am NOT leaving my job. I have no plans on leaving my job. Certainly, there are things I don’t like about my job, but who doesn’t have that problem. Besides I kind of have a golden handcuffs situation at my current position. I have been promoted as high as I can go and I make a decent living doing so. If I were to leave it would have to be the right situation. However, what is…

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Product Review–Digit

Product Review–Digit

*While I have affiliate links on this page (look under Other Good Stuff for things I endorse) I am NOT getting paid by this company. This review is just from my own experience (although I wouldn’t mind being an affiliate). Do you have trouble saving money? Even small amounts? That is apparently true of most Americans because 70% of us live paycheck to paycheck. Most people don’t have the cash to take care of a $400 emergency. So how can…

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