How to Save for a House While Renting

Saving for a house down payment while renting can seem like a daunting task, especially in this economic environment. Housing prices continue to soar, and savings accounts are offering very little interest. Given these circumstances, setting aside money in a bank savings account can make the uphill climb seem even more challenging. How Much Money…… Continue reading How to Save for a House While Renting

When Roth IRAs Make Sense for Millennials

Roth IRAs are often associated with younger, entry-to-mid-level workers for their tax advantages. However, as millennials step into their high-income years, contributing to a Roth IRA, even indirectly, still makes a lot of sense. I will discuss using a Roth IRA for emergency funds, education savings, a home purchase, Roth IRA conversions, and Backdoor Roth…… Continue reading When Roth IRAs Make Sense for Millennials

Financial Advice for Millennials Will Be Different

Millennials Will Ruin Another Industry Do you remember family restaurants or plastic straws? They are still around, but I can’t recall the last time I sipped through a plastic straw inside a TGIFridays. Millennials have undoubtedly had an outsized impact on the restaurant industry and similarly affect financial advice. Key Takeaways Millennials are slowly, but…… Continue reading Financial Advice for Millennials Will Be Different

Understanding and Maximizing Your HSA

What Is an HSA? An HSA, or Health Savings Account, is a tax-advantaged account for individuals with high-deductible health plans (HDHP). The HSA allows individuals to save for medical expenses that the HDHP does not cover. Contributions for 2022 can be made into the account by the individual or the individual’s employer up to the…… Continue reading Understanding and Maximizing Your HSA