One of my probably not-so-secret goals has been financial independence. In a nutshell, that means the money that’s automatically coming in is enough to pay your living expenses without you needing to work. Typically, that money comes from things like stock dividends, income from annuities, royalty payments, interest on CDs or bonds, and other (less traditional) passive income sources. » Read more

How are your retirement savings coming? I know, that’s probably not the most pressing thing on your mind right now, especially if you are in your twenties or thirties. Or if, you know, you have pretty much anything else to do.

But, that doesn’t mean it’s not important. So take 5 minutes out of your day right now to give it a little thought. Future you will thank you. » Read more

Picture this: You’re 16 and you’ve just gotten your first job. Or maybe you’re fresh out of college and are getting started in your chosen field. Or heck, maybe you’ve been working for a while.

What do you all have in common?

Earned income — which means you’ve also got the potential to become rich.

So quick, how do you spell rich? » Read more

There are all kinds of things you can do to improve your future money-wise, but a few are super easy to do. In fact, you can improve your future in about 5 minutes, just by doing one little thing: increasing your 401k contribution. » Read more