ELGON FINANCIAL BLOG
Completing 3M Half Marathon race this weekend, was another reminder that financial planning is not a sprint, but a marathon. Money lessons solidified.
We stress a lot about gift-giving during the holidays. It’s especially more noticeable between couples. It turns out, there is a perfectly logical reason for this – Money Scripts. It’s all about how we grew up, what we learned about money and the experiences that contributed to our money scripts. Understanding this can go a long way in helping us manage this stress.
In this post, I discuss why a taxable brokerage account should be a part of your investment/saving strategy. By the end of the post, you’ll know the answer to questions like – what is it, what are some of the benefits of the account, things to watch out for with the account. Finally I discuss the special use case for foreign-born nationals.
While most view a Roth IRA as an account to be opened later in life, the best time to start saving in this account is when teens are beginning to make their first buck.
The in-depth specifics of the Child Tax Credit and how the 2021 monthly advance payments could potentially impact your financial situation if you qualify.
Money planning tips for new babies: It will cost over $233k to raise a child to age 17 today. Ideas to manage the initial costs without going bankrupt
If you wake up one day and realize “You are your parents retirement fund” , don’t panic. In this guest post, I outline some practical steps you can take to manage the issue, while preserving your sanity.
It does not matter how or when you got here; this country has a lot of financial opportunities for you. To make the most of this opportunity avoid these 10 Financial Mistakes.
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