Disclosure: This isn’t financial advice. This is purely financial education. Do not take action on this without speaking with a licensed financial advisor. Introduction Welcome to the world of financial planning and investment! If you’re just beginning your journey, or even if you’re a seasoned investor, the essence of successful investing is a well-structured financial […]
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Anti-Financial Planning; a New Paradigm
Anti-Financial Planning; a New Paradigm
We all know the typical drill when it comes to financial planning: set your goals, create a plan, and stick to it. But what if I told you there’s a different approach that might resonate better with you, especially if traditional goal-setting hasn’t worked out so well in the past? Enter the world of “anti-goals.” […]
Stock Options Vs. RSUs: A Comprehensive Guide to Your Equity Compensation
Stock Options Vs. RSUs: A Comprehensive Guide to Your Equity Compensation
Key Points The world of equity compensation can be a confusing landscape to navigate. With multiple options such as Employee Stock Options and Restricted Stock Units (RSUs) on the table, it can be a challenge to understand the ins and outs of each. So, let’s delve deeper into these two popular forms of equity compensation […]
Roth TSP vs Roth IRA: How Do They Compare?
Roth TSP vs Roth IRA: How Do They Compare?
Introduction Retirement planning is a critical aspect of securing a financially stable future. As individuals embark on their journey towards retirement, they are often confronted with a myriad of retirement savings options. Two popular choices among many are the Roth Thrift Savings Plan (TSP) and the Roth Individual Retirement Account (IRA). In this comprehensive article, […]
What is a Profit-Sharing Plan?
What is a Profit-Sharing Plan?
Key Points Introduction Profit-sharing plans offer a win-win situation for both employees and employers. Employees can enjoy additional retirement benefits while sharing in the success of the company, and employers can attract and retain talented individuals while potentially receiving tax advantages. In the following sections, we will delve deeper into the mechanics of profit-sharing plans, […]
Is a Six-Figure Salary Still Considered Good?
Is a Six-Figure Salary Still Considered Good?
Key Points Introduction The concept of a six-figure salary has long been associated with financial success and a comfortable lifestyle. Earning a six-figure income was once considered a significant achievement, symbolizing the realization of the American dream. However, in today’s rapidly changing economic landscape, it is crucial to question whether a six-figure salary still holds […]