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Category: Investing

From beginner investing posts about index funds, bonds, and equities to advanced topics like options, tax strategies, and 1031 exchanges, you’ll find posts for all levels of experience here.

How To Save On Expense Fees: Vanguard Target Retirement Funds vs. DIY Admiral shares

How To Save On Expense Fees: Vanguard Target Retirement Funds vs. DIY Admiral shares

The Vanguard Target Date Retirement Funds are some of the most well-known funds out there. But did you know there was a trick to savings thousands in expense fees per year? We did the breakeven math on how much you need invested in each Target Date Fund in order to turn our higher expense ratio’d Investor shares into Admiral shares. If you’re a beginner or a passive investor, you want a diversified portfolio so you can passively invest and not…

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6 Common Things You’re Doing WRONG With Your 401k and How To Fix It For Free!

6 Common Things You’re Doing WRONG With Your 401k and How To Fix It For Free!

The below are 6 things wrong with your 401k. Though some financial advisors will try and charge you to manage your 401k and other accounts, there’s actually a free tool you can use to fix your 401k in minutes. Check out Blooom. They also have a free tool for the 401a, 403b, 457 or TSP for free. 1. Not Contributing, Putting In Enough Money, Or Setting Up Auto-Contributions Half of Americans are not contributing to a 401k. If you’re one of them,…

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30 People Who Reached Financial Independence Before 40 and Retired Early To Financial Freedom

30 People Who Reached Financial Independence Before 40 and Retired Early To Financial Freedom

The list is sorted in order of retirement age. If you know of someone who should be added here, let me know via the comment section below. The age of financial independence and early retirement (FIRE) is in parenthesis after the name. Other people achieved financial freedom on average household incomes below. So can you. If you get busy with side hustles, maybe you can retire even earlier. If you think financial independence is impossible, you’re wrong. Even if you’ve…

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20 Free Money Tools And Resources To Fix Your Finances

20 Free Money Tools And Resources To Fix Your Finances

Get a High-Yield Savings Account The best known banks offer the lowest yields. Bank of America and Chase offer .01% yields. One-hundreth of a percent. Wells Fargo offers between .01-.03% and TD Bank offers .05%. Which is crazy right? Because the bigger the bank, the nicer they should be to you and offer higher interest for your checking account right? Why is loyalty to customers not a thing? Well, that’s not what actually happens. The best banks with the highest-yielding…

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The Step-By-Step Guide To Where Your Money Should Be Invested

The Step-By-Step Guide To Where Your Money Should Be Invested

There’s three stages to your money. Making it, Saving it, and then Investing it. We’re going to focus on where your money should be invested in the most optimal way. It’s a looong list, so if you don’t have enough time to go through it step-by-step, bookmark this page so you can come back to it. 1. Emergency Fund First, figure out your average monthly expenses by looking at the last 12 months of your spending. If you don’t have…

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Author: Olivia

Olivia worked in finance and wants you to learn the secrets of financial independence. She believes there are so many ways to monetize your life and make money doing the things you're already doing because so many companies offer free money.

The average savings account rate is 0.1%. The big banks have incredibly low savings accounts rates. CIT Bank offers a 1.75% savings account. You can open an account with just $100 and no monthly fees or charge . Tired of being charged fees and getting peanuts in interest at your current bank? Open a CIT Bank savings account in less than 15 minutes online.

If you have a car, Rideshare apps allow you to pick a direction you want to go twice a day, so you can get extra money going somewhere you were driving to anyway at least twice a day. Get a $300 sign-up bonus with Lyft.

One of my favorite ways ways of monetizing my life is via credit card bonuses with cards that give you cashback or rewards. Check out our review of the Chase Sapphire cards, which give you at least $500 in cash or $625 in travel credit.