Decision-making is not always easy. It can be so difficult that we are known to sometimes avoid it altogether. But we are foolish if we are to believe that avoiding it will make the need to decide, go away. The
I’ve been a full time teacher for a little longer than 16 years. Being a career change for me, I started on Step 2 as a first year teacher at the age 41. Four days ago, I resigned. I sat
If you are not sure, it’s time to find out. If you’re like most participants, there’s a good chance you can visit OMNI403b.com to see your available vendors. No need to log in or have an account. (If your employer
My 6th grade students are using Bachenomics* for hands-on learning about spending, saving and tracking money. They started off using (old-fashioned) paper and pencils to compute the withdrawals, deposits, and track their balances. Since they have mastered the logic behind
An advantage we have where I teach is being able to save in both a 457 plan and a 403(b). We have the option of using the traditional pre-tax 457/403(b) or a Roth 457/403(b). This year, I’m planning on contributing to
We need to keep up with the times. Updated online automated banking accounts, homesharing, ridesharing and rewards travel credit cards are a few of the icons that are used and enjoyed by those in the Financial Independent community. But the
An annual fee of 0.2% produces a difference of $39,493.01 over 20 years compared to a 2% annual fee. Your total investment balance could be $215,865.03 if you save $200 every two weeks for 20 years, making deposits at the
Straight from the keyboard at CNBC’s Darla Mercad0, and just in time. Save yourself ten’s of thousand’s of YOUR dollars by taking action. Nobody else will do this for you.
I could see how the conversation was going to end. And it wasn’t good. This particular teacher sought out my advice and wanted to know what the real deal was on fees. We agreed that everyone deserves to earn a
In certain districts in some states, an alternative deferred compensation plan is offered instead of or in addition to a 403b plan. In my small district in the state of NY, we have a little-known savings plan called a 457.