In the ideal scenario, we would all have fully funded emergency funds with 6 months worth of living expenses. We would also be able to save to pay cash for our cars and homes. The glaring problem with this is that we don’t live in an ideal world, and some of us did not start […]
If you have a 401k, I commend you for taking steps towards your retirement but it’s important that you have a understanding of the downsides of a 401k plan. First, I will talk about the upsides: 1. If your employer is matching your 401k, that is huge. It’s basically free money and I say collect […]
