by admin | Feb 12, 2025 | Common Cents
Imagine you’re building a house. Would you start by purchasing bricks, wood, and nails without a blueprint? Of course not! Yet, this is precisely what many people do when it comes to their finances. They gather the financial equivalent of materials – stocks,...
by admin | Jan 15, 2025 | Common Cents
Understanding “Tax-Free” Assets and When They Make Sense for You If you’ve been hanging around the world of personal finance for a while, you’ve probably heard financial planners, bloggers, and even your savvy cousin rave about the Roth IRA. But what makes a Roth IRA...
by admin | Dec 18, 2024 | Common Cents
Few names in personal finance spark as much debate as Dave Ramsey. His “Baby Steps” plan has inspired millions to take control of their money, pay off debt, and achieve financial freedom. At the same time, his strict anti-debt stance and one-size-fits-all approach...
by admin | Dec 16, 2024 | Common Cents
There are few things more exciting than seeing your wealth grow over time, but as your income evolves, so do your tax responsibilities. Understanding the various types of income and how they’re taxed can mean the difference between watching your hard-earned...
by admin | Dec 15, 2024 | Common Cents
Insurance is a financial safety net, protecting you and your family from unexpected financial hardships. Whether it’s life, auto, property, or disability insurance, having the right coverage can provide peace of mind and ensure you’re prepared for life’s...
by admin | Dec 14, 2024 | Common Cents
Introduction Previously, we explored the tremendous power of compounding and how it can help achieve significant financial milestones. This follow-up article focuses on another critical aspect of successful investing: time! We will model three scenarios to illustrate...
