Money Monday – Applying for a Mortgage? Here’s what you need to be thinking about.

Hello Money Warrior. It’s Monday, April 19th. Welcome to another episode of Money Monday! Last week I talked about how debt isn’t necessarily a bad thing and I cited mortgage debt as an example of when owing money can be productive. So let’s talk about mortgages, shall we? Because when you’re ready to get yourContinue reading “Money Monday – Applying for a Mortgage? Here’s what you need to be thinking about.”

Money Monday – Allow me to Introduce you to 401(k)’s Older Cousin: 403(b)

Want to watch me read this to you? Click here for video: https://www.facebook.com/plugins/video.php?height=476&href=https%3A%2F%2Fwww.facebook.com%2Fsarah.j.paulson%2Fvideos%2F10157660555986246%2F&show_text=false&width=267 It is Monday, March 29th — the last Monday of the first Quarter. Holy cats. Last week I talked about IRAs vs 401(k) retirement accounts and this week I wanted to introduce you to 401k’s older cousin, the 403(b). These two areContinue reading “Money Monday – Allow me to Introduce you to 401(k)’s Older Cousin: 403(b)”

Money Monday – How a 401(k) Usually Beats an IRA

https://www.facebook.com/plugins/video.php?height=476&href=https%3A%2F%2Fwww.facebook.com%2F109189157904534%2Fvideos%2F764452844202999%2F&show_text=true&width=267 Although most people use these two terms interchangeably, legally there are huge and important differences between the two. First off, while anyone with earned income (or has a spouse who earns income) can put money into their IRA, 401(k)s can only be used by employees of a company who chooses to offer a plan.Continue reading “Money Monday – How a 401(k) Usually Beats an IRA”

#MoneyMonday – Where’s my Refund?

Welcome to February! The month of love and the official kick-off to tax season. Some people dread having to write a check to the government, but a lot of people expect a refund. If you’re one of those people, of course you want to know when the government is going to send that money! AndContinue reading “#MoneyMonday – Where’s my Refund?”

#MoneyMonday – Kicking the Student Debt Can

President Biden got right to work after his inauguration, signing 17 executive orders on his first day in office. One of those puts a further hold on federal student debt payments until September. It is heartening to read the words from the order, “borrowers of all ages are often faced with a tough tradeoff betweenContinue reading “#MoneyMonday – Kicking the Student Debt Can”

#MoneyMonday – Glad that’s over

2020 was… um…well… it was a rollercoaster. The S&P 500 had a daily close up or down of at least 1% (illustrated by the bar chart below the line graph),  in 110 of this year’s 253 trading days, compared to just 38 days in 2019. That is what us financial nerds call Volatility. I thinkContinue reading “#MoneyMonday – Glad that’s over”