Scenario: So you’ve got a nice stash of cash just laying around and you want them to be put to work. You also figured that you didn’t want to be too aggressive buy investing directly in stocks and at the same time you don’t want to invest in long term either so that rules out mutual/index funds. So then you ask, “should I put my money in a CD or a Money Market”? Good question. In order to make the right...

As many of you know, the importance of investing is crucial. Since investment is tied with time, it’s also obvious that the sooner you start your investment portfolio, the better and bigger your outcome. Today we’re going to look at the individual retirement account, or also known as the IRA. In short,  IRA is an personal, tax-advantaged retirement plan. An employed person can contribute earned income into an IRA account up to...

I hope everyone had a great Memorial weekend. With school finally over for the semester, I’m definitely ready for summer to kick off. I know I have been quite dormant with my posts but since I’m finally out of school I can spend a lot more time on the site. Happy Memorial day.

Time, more than money, can help you achieve your life goals. If you have a future in mind, whether it’s a home, starting a family, going to college, or building a nice nest egg, the main problem of achieving your goal is that money is tight and hard to come by. The best tool you could use to help achieve that goal is time. It doesn’t take that much,  but just good time management and a simple plan which you can stick to. When...

Recently I have been so busy with school preparing for these final exams and projects it’s been quite difficult to keep up with my site. I know that I have to set my priorities straight and school is definitely on the top of the list. Aside from the obvious reason why school should be placed as top priority, let me list some other reasons why keeping up with school helps me save more money(or even make money). I’m on a full...