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Welcome to the My Money My Freedom Education Hub! Our articles, guides, and videos will help you level up your money knowledge. This is where you can get quality information about growing your retirement portfolio and creating all the income you need to live your best life, for life.
What is a Roth IRA? Your Guide to Investing for Retirement
Saving for retirement can be a daunting task, especially when you don’t know where to start. One option that has become increasingly popular is the Roth IRA – an individual retirement account (IRA) with many benefits. A Roth IRA allows investors to make contributions using after-tax income and grow their money tax free over time. … Read more
5 Steps to Catch Up on Your 401k
You’ve worked hard for your money, but if you’re like most people, you haven’t saved enough to live on in retirement. After all, amidst the hustle and bustle of work and daily life, it’s easy to fall behind on your retirement saving. However, there are strategies to fix up your savings and start planning for … Read more
How Does a 401k Match Work
One of the most common questions we get on the topic of 401k’s is “how does a 401k match work?” So, let’s break it down, shall we? If you’ve got a job that offers you a 401k plan, you probably already know the basics. A 401k is a retirement account provided by your company that … Read more
Pay Off Debt or Invest: The 77% Case Study
So, I was recording my podcast this week and shared an off the cuff example that answers the age old question – pay off debt or invest. This is an important one. And it’s something that comes up a lot in my calls with potential financial coaching clients. I’m sure you’ve heard financial gurus and … Read more
What is a SIMPLE IRA
Whether you’re a seasoned investor or just beginning to grow your future wealth, it’s important to understand the ins and outs of different financial tools and what they have to offer. One of the best ways to invest in your retirement is with an individual retirement account (IRA). IRAs are generally easy to handle, especially … Read more
The 7 Types of Investment Income
Today, I want to share with you 7 different types of investment income you can earn. Now, not all the investments you make are going to generate income for you, but your goal should be to fill 50% – 100% of your portfolio with income-producing money machines depending on your age. Here Are The 7 … Read more
What Retirement Means: A Fresh Look at Your Golden Years
Retirement means different things to different people. It used to mean the end of your working life, but now it can be a new beginning! With longer lifespans and pension plans becoming obsolete, retirement has evolved into something that is unique for each individual. You have more control over what retirement means for you than … Read more
Which 401k Plan Should I Choose?
Choosing the right 401k plan can be difficult – and with so many options out there, it’s important to do your research and make sure you’re selecting the best plan for your specific needs. So, if you’re looking at enrolling in your employer-sponsored retirement plan and asking yourself, “which 401k plan should I choose,” this … Read more
What is Dividend Investing?
So, you’re wondering “what is dividend investing?” Just know before we even get started that I’m a little in love with you now. Because dividend investing is my jam. Dividend investing is like planting a money tree that drops tasty cash fruit every so often. It’s a strategy that focuses on buying stocks of companies … Read more
What is the Cost Basis of Stock?
The investing world is full of different terms and jargon that you often hear thrown around on the news or the Internet, but people rarely ever take the time to really explain what they mean. One of those common phrases is cost basis, more specifically the cost basis of stock. In this article, we will … Read more