There are many sophisticated things that we could do with our money. We could: Create a CD ladder for money that we want to save. Use tax-loss harvesting to save on taxes when we invest. Convert our IRA to a Roth IRA by using a backdoor Roth conversion. Each of these sophisticated financial techniques could save us anywhere from hundreds to tens of thousands of dollars throughout our lives. Because they are so valuable, I definitely encourage you to become educated about each of them and see if you can use them either now or in the future. While each of these are very valuable techniques to save money, they…
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Envy is Not a Tool For Happiness
Every single one of us owns something that we don’t feel too great about. Whether it’s a house that we feel is ugly, a treadmill that barely works, kitchen cabinets from the 1970s, or a watch that is only right twice per day, we all own something that we are not too fond of. For me, it’s a Chevy Malibu that has 180,000 miles on it. This car has a cracked windshield, a gap in the passenger door that lets water in when it rains, and a sound coming from the engine that is getting louder every month. I don’t love this car. However, I am not in a rush to…
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How to Buy a Car Using Craigslist
I don’t think of myself as old, but maybe I am because I remember classified ads. You may know of this antiquated way to sell goods and services too. You may even remember browsing through them in the Sunday paper while looking for a used car or an antique table. Like me, you may still browse through them from time to time, although you never really buy anything.
