On October 7th, Charles Schwab started offering commission-free trading. TD Ameritrade nearly fell over themselves to follow suit and match their competitor, but neither brokerage was the first to make this offer to their customers. Vanguard, J.P. Morgan, and...
When it comes to picking a health insurance plan, the options can seem confusing. For years, I avoided my company’s high-deductible health insurance plan with a health savings account (HSA) because it felt scarier than simply paying the monthly premiums and...
When I wrote Making Money Simple, my goal was to give people a blueprint for turning career success into financial success. People who experience success in their careers often dedicate years acquiring knowledge and honing their craft. But enjoying professional...
Time mixed with the power of compounding is the most potent combination for wealth creation. Compound interest allows you to grow wealth faster by earning a return on your past returns. This isn’t a linear relationship – it’s exponential. The human brain isn’t good at...
Working with a financial advisor is a great decision. Would you argue a serious case about a legal document in a court of law without an attorney? Would you opt to have surgery from someone who wasn’t trained as a medical professional with expertise in your specific...
