Congratulations! You are well into the second six weeks of school and hopefully good student behaviors are a well-oiled machine. But like any good teacher, you always have one eye in the present and another on the future–anticipating and planning. To help you out, below are the 2016 403(b) contribution limits. (more…)
403(b)
Tools and Tips for National Save for Retirement Week
This week is National Save for Retirement Week and I know what you’re thinking, “Another made up holiday so somebody can sell me something.” Well, it may be a made up “week,” but it is one that has merit. National Save for Retirement Week is about raising awareness for one of the largest issues facing Americans—actually saving for retirement. (more…)
Borrow From Yourself
“A bank is a place that will lend you money if you can prove that you don’t need it.”
-Bob Hope
It’s one of those classics that falls into the ‘It’s funny because it’s true’ category.
Really, it’s not funny. But, it does seem to be true. Since the Great Recession of 2008, middle income Americans are finding it harder than ever to borrow money from banks. Tightened regulations implemented in 2009 are causing bank lenders to look for near perfect credit qualifications in order to make loans for mortgages, auto purchases and even for small business owners. (more…)
5 Steps towards a Wealthier Future
At age 22, I had just graduated from college and was about to embark on my grown-up life. I had a grand plan for how my future would unfold, and I thought I had everything figured out. It’s one of those age old mistakes that young people make—we head out into the world armed with the knowledge that we have, completely oblivious to all that we don’t know and all that we will learn, earn and experience along the way. If there is one lesson that rings true and always bears repeating it is that wealth is attainable, especially to those who start saving early and have the benefit of time on their side.
To all you twenty-somethings out there about to start your grown-up lives, follow these 5 simple steps to work towards a wealthier future:
A Teacher Appreciation Day Thank You
Galileo Galilei once said, “We cannot teach people anything; we can only help them discover it within themselves.”
Reading that makes me reflect on some of the people I regard as great teachers in my own life. I learned from them because they stopped to truly see me and pull something out that made me better and helped me to grow. Many of these teachers remain my friends today and I am able to thank them on a regular basis for the role they played in shaping the person that I am. There are others though, who I didn’t thank in a timely manner and today on Teacher Appreciation Day, I would like to thank one in particular. (more…)