Simplicity Digital Advisor
6 Budget Revision Ideas for Empty Nesters
After years of seemingly endless school events, grocery bills that could feed an army, and the hustle and bustle of family life, your house has suddenly become quiet. You’ve become empty nesters. You must adjust your spending and budgeting habits along with this significant lifestyle change. Let’s dive into how to revise your budget when you become are empty nesters.
The Greatest Money Making Asset For Working Teens
In this article, we explore why a Roth IRA is one of the greatest money making assets for working teens. When working teens invest early in a Roth IRA, they can contribute to a strategy that could accumulate millions later in retirement. Working teens can contribute to a Roth IRA when a parent or grandparent opens the account. A Roth IRA can be opened at any age if a child has income. For example, if your five-year-old child was a model for a local store and received a paycheck in their name, the amount received can be contributed to a Roth IRA.
Holiday Season Deplete Your Savings? Here’s How to Recover
If you’re like many, overspending during the holiday season may deplete your savings. It is important for you to recover your savings so you’re financially prepared for unexpected expenses. Here are tips to help you spend less and send more money to your savings: