You’re following the advice to max out your pre-tax contributions to 401(k) and Traditional IRA accounts. You notice the balances creeping up and you start to wonder, is there a point when you’ve saved too much in those tax advantaged accounts? Or, as Jeremy over at GoCurryCracker poses the question: “Is Your 401k Too Big?”… Continue reading Is my 401(k) balance too high?
I first heard the phrase “Roth IRA” as a graduate student. Jim, a fellow graduate student, and I were talking about saving and investing and he told me about his Roth IRA account. I was 25 years-old at the time, and I remember feeling that I had missed out on some vital financial lesson. Shortly… Continue reading Matching your child’s Roth IRA Contributions
In 2007, the Bank of Dad opened its doors when our five year-old daughter opened an account. Wanting to learn more about how to teach financial literacy to my children, I had picked up “The First National Bank of Dad” by David Owen [affiliate link]. Over the years I’ve refined my approach but mostly kept… Continue reading Bank of Dad
During our 12-week trip to Spain, we’ll be staying in a variety of locations and a variety of Airbnb stays. In fact, it will be a total of nine Airbnb stays. Why Airbnb? Our primary goal on our trip is to embed ourselves into the Spanish culture. Airbnb stays are often operated by local individuals… Continue reading Experiencing Airbnb Stays
In a previous post, I mentioned that we leveraged credit card signup bonuses to lower the cost of getting to Spain. So, how did we do it? Planning Ahead My first step was to give ourselves plenty of time to get signup bonuses that we leverage into airline tickets. I started with the plan of… Continue reading Cheap Travel Using Credit Card Signup Bonuses