I am so excited. I am going to take my oldest daughter to the bank and help her open her first savings account! She’s ten now, having recently celebrated her birthday, and she has some birthday-checks to cash. One of our local banks offers a no-fee, no-minimum balance required savings account for children under 16. This type of account will…
Author: NCN
How A Silly Little Experiment Helped Me Get Out Of Debt
I once sent a credit card company $5 per day, every day, for a month. Seriously. The year was 2005 and I was in full on debt reduction mode. Pumped up by the comments left by my readers – and ready to be debt free – I spent most of my waking-hours thinking about ways to reduce my debt. Somehow,…
Only Six Months Left To Make Year 2009 Contributions To Roth IRA Or Traditional IRA
My wife and I both have contributions to the retirement plans offered by our employers deducted from our paychecks. In addition to those pre-tax retirement contributions, we also make monthly contributions to our Roth IRAs. For me, the annual contribution limit to my Roth IRA is $5000. (See IRS Publication 590 for complete information about contribution and income limits.) My…