Category: Wealth

Image Source: Pexels Is it realistic to pay off your debt in just a year? Absolutely, but it requires planning and consistency to achieve your goal of being debt-free. Here we’ll give you the tools and tips to eliminate your debt in a year. 1. Read for Financial Success The first habit to adopt to…

If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You! TOM@RICHHABITS.NET I’ve been fired three times, early in my career, so I found this data point very soothing. Getting fired is one of…

Don’t you wish you could lower your student loan payment? It’s possible, and legal, do work some “magic” to get your student loan payment lower. If you don’t do anything with your student loans, you’re automatically signed up to a generic repayment plan that typically has even payments for 10 years. However, that can be…

ALPA PROD / Shutterstock.com When HBO Max rebranded to Max in 2023, it made a promise that it would become “the one to watch.” We scoffed at the catchphrase, but they might have been right. Our survey data from 2024 shows that customers are more satisfied with Max’s service than any of its competitors, despite…

One of the biggest reasons I’ve been against contributing to a Roth IRA is my belief that most people won’t make more money in retirement than while working. As a result, they’re unlikely to pay a higher tax rate in retirement than during their working years. This belief also assumes that tax rates will stay…

[00:31:40] Ramit: Go ahead and read off the word in bold and then the full number next to it. [00:31:43] Dawn: Okay. Assets, 28,500; investments, 24,985; savings, 58,484; and debt 14,895. Total net worth 97,074. [00:32:03] Ramit: Okay. What do y’all think of the numbers? [00:32:06] Dawn: I wish assets was higher, but I don’t…

Affordable Care Act 2025 open enrollment ends January 15, 2025. A record number of Americans have already signed up for an ACA marketplace plan for 2025. Yes, the ACA lives on (for now), and if you are not already covered by health insurance, I strongly recommend looking into an ACA plan. I’ve provided resources and…

For example, for income year 2023, the threshold amount is $86,912. If your income in 2023 was $120,000, then your repayment would be 15% of $33,088 (the difference between $120,000 and $86,912). That comes out to $4,963.20. OAS clawbacks are paid off in 12 monthly payments, starting in July of the following tax year (in…

An after-tax 401k is a special type of 401k contribution that allows you to add additional “after-tax” money into your 401k account. Most long-term investors realize there aren’t too many “quick and easy” tricks to getting better investing results, but a few tried and true methods can boost performance.  The most important one is to…

Whether you’re battling credit cards or student loans, I’ll show you how to pay off your debt fast with the 5-step system from my NYT best-selling book. Source Source link