The 2020 401k Contribution Limit is Going Up as is the HSA Limit

The 2020 401k Contribution Limit is Going Up as is the HSA Limit

There's some good news on the 2020 401k contribution limit front! Our favorite tax-advantaged account is getting a boost in 2020. Every year the IRS announces their inflation adjusted figures for a variety of retirement accounts. For 2019, employees are allowed to put in $19,000 into their 401k, 403b and most 457 plans. That's a [...]

FIRE – Why I Want to Have The Option to Retire Early

FIRE – Why I Want to Have The Option to Retire Early

I realized I never talked about FIRE(financial independence/retire early) on this blog. I've been talking about goals lately so I figure it'd be good to visit my ultimate goal. I want the option to retire early. The FIRE movement is often painted with a broad brush and seen as a group of people saving money [...]

What is an Emergency Fund and Why You Need One

What is an Emergency Fund and Why You Need One

Let's talk about the good old emergency fund. After all, it's an important part of any financial plan. Emergencies and/or unexpected situations do crop up and it's always good to have something around for those scenarios. If you're not already familiar, an emergency fund is money set aside for unforeseen emergencies. These aren't any run [...]

Morning Brew – The Digestible Financial Newsletter

Morning Brew – The Digestible Financial Newsletter

This article about a financial newsletter may contain affiliate links for which I receive a commission at no cost to you. I only recommend products I use and trust. Please read my disclosure for more detail. I've got to admit. I'm new to the financial newsletter game. I wanted to find a way to aggregate [...]