Reading is an essential if you want to be a good investor. I read dozens of blogs posts every week that are both interesting and informative. They introduce me to new ideas and sometimes challenge my existing beliefs. I am a cheapskate – the blogs I read are free. I don’t want to spend hundreds …
A Health Savings Account (HSA) is a great way to save money for medical expenses if you have an HDHP (high deductible health plan) plan. For most people, employers offer these plans and choose an HSA administrator for the plan. But in some cases, you may have to choose your own HSA administrator. To choose …
Every summer NPR’s Planet Money releases a series of summer school podcasts on economics and investing. In 2020, the focus was on microeconomics. For 2021, the topic is investing. The episodes are crash courses on the topics and explain complex topics in an easy-to-understand way. Each podcast is about 25 to 35 minutes. NPR’s Planet …
NPR Planet Money Summer School – Great Educational Resource For Teens And New Investors Read More »
Visiting national parks is an affordable way to have fun and relax. National parks offer camping and hiking opportunities that take your mind off work and the stresses of daily life. You may even learn a thing or two about nature, science, and history. Some national parks are free all year while some charge entry …
How To Visit National Parks For Free (Includes Fee-Free Days For 2021) Read More »
If you are self-employed and have some self-employment income, you can contribute to a solo 401(k) account. A solo 401(k) offers many of the same benefits as a traditional 401(k) but there are some important differences. Solo 401(k) is sometimes called a one-participant 401(k), individual 401(k), or self-employed 401(k). A regular 401(k) is offered by …
Solo 401(k) – What You Need To Know (+2021 limits) Read More »
You use credit cards to make your tax payments (regular tax payments and estimated tax payments) to the IRS. IRS uses third-party processors to accept credit cards. As you can see below, you will pay about 2% in fees if you pay with a credit card. Remember that there are no fees if you pay …
How To Make Tax Payments With Credit Card (And Profit) Read More »
HSA is a pre-tax account savings account that allows you to set aside money for qualified medical expenses. You can use these funds to pay deductibles, prescription drugs, eyeglasses, or other qualified expenses. You can even use HSA funds to purchase OTC medications. In most years, IRS announces inflation adjustments for HSA contributions. So what …
If you get paid on Fridays every week, there are five months in 2022 when you will get five paychecks. Five paycheck months in 2022 are April, July, September, and December. The best way to put the extra money to use is to make your monthly budget based on four weekly paychecks rather than five. …
5 Paychecks Weeks In 2022 + What To Do With The Extra Money Read More »
In my area, Costco gas is about $0.25/gal cheaper than at other gas stations. Because of that, we sometimes see long lines at the Costco gas station. But how much money are you saving each year by filling up gas at Costco? Let’s do some math. My wife and I drive about 20,000 miles between …
Costco Gas – Savings, Rewards And Whether You Need To Membership To Use The Pump Read More »
Most employees get paid twice a month or biweekly. If you get paid biweekly, there are two months in 2022 in which you will get three paychecks. If you get paid twice a month, you will get 24 paychecks a year – usually on the 1st and 15th of the month. But if you get …
3 Paycheck Months in 2022 + What To Do With The Extra Paycheck Read More »
