The idea and reason for the name of this website is the goal of reaching the financial summit. This idea came about from thinking about hiking in the mountains. Hiking is one of my favorite things to do, but does not happen very often, because Houston doesn't have much of an elevation change. Therefore, I have to go on trips to visit and hike different regions across the United States. There is something about being in nature that calms your soul. There is something about trudging through the country side to eventually reach the top of the mountain. This can take hours and sometimes days, but it is worth the reward of the view from the top of the mountain. You might even get to sit down and enjoy a snack or a sandwich as you relish the view from the top.
Investing Tools: The 401k and 403b
This article is a second article in a series discussing the different types of investments that we can use for saving money. The first article discussed the IRA and Roth IRA. This article will focus on the 401k and 403b investment opportunities that are available to employees working at large companies or large non-profits.
We Can All Be Millionaires
Becoming a millionaire has always seemed like an impossible feat for someone growing up in middle america striving to become a teacher. I had never thought about even reaching one million dollars. I didn't even know it was possible. Most people in this boat, (maybe you are one of them) don't believe that becoming a millionaire is possible. If this is you, then let me be the first (or the tenth or the thirtieth person whichever it is) to tell you:
Investing Tools for College: The Texas Tuition Promise Fund
The other day, I was messing around on the internet reading financial articles and I stumbled across a thing called The Texas Tuition Promise Fund. I was intrigued to see what was being offered and decided to do some more research. Texas and other states have college pre-payment programs that can be used by your kids in college.
Investing Tools: The IRA and Roth IRA
From the 401k to the 403b to the IRA to Annuities, there are lots of ways to invest your money. This article starts a series on explaining the different types of retirement accounts and how they can be beneficial to you. This article will dive the IRA and the Roth IRA.