The Mega Backdoor Roth takes investing in a traditional 401(k) to the next level for high-income earners. If you meet the eligibility requirements, you could stash an extra $41,500 for retirement in a Roth IRA. However, it’s complicated, and mistakes can be costly. Although the mega option is similar to the backdoor Roth IRA, they’re two distinct accounts. Even though … [Read more...] about Mega Backdoor Roth: Add $50K+ to Your 401k
According to a Credit Karma report, the average American has 2.5 credit cards. Some have two; for others, it's three. Of course, outliers may have more or less. The number is all over the place, which raises the question–how many credit cards should I have? There's no perfect answer like so many other things in life because personal finance is personal. However, you can use … [Read more...] about How Many Credit Cards Should I Have?
Let's be honest. Who doesn't want to be rich? Even with all the talk that says building wealth matters, people still want to be rich. There's something about the allure of having lots of money. But is there such a thing as getting rich quick? Is there anything we can do to get started today? Please keep reading to learn more about what it means to be rich and how to get rich … [Read more...] about Want to Get Rich Quickly? Here’s the No-Fluff Guide
Creating several passive income streams is a dream for many entrepreneurs. It can accelerate plans to make extra income, pay off debt, and invest in building wealth. But what exactly is passive income? Are these streams truly passive? What can we do to begin tapping into this hidden stream of profits? Read on to find out how you can start producing passive income today. What … [Read more...] about The 18 Most Profitable Passive Income Streams To Consider
You work hard, and you play harder. How about a trip to Florida? Unlike any other place, Florida has beautiful beaches and state parks, fun shopping, big farms, thrill-seeking amusement parks, and more. There’s clearly something for everyone. Check out this list of 34 things to do in Florida. Things To Do In Florida 1. Snorkel And Scuba Dive At The Devil’s Den Spring With … [Read more...] about 34 Fun Things to Do in Florida