Financial & Wealth Development Adventure
Welcome to Take back your Wallet. A place where you can learn about how to build wealth by reducing your debt while investing in everything from Real Estate to Index Funds. We will break down step by step how to identify the most efficient ways to start to build real wealth in the real world. Anyone at any time can start to build wealth and it is never to early or too late to start. Building wealth is a crucial choice to make to ensure long term prosperity for you and future generations. By the way, YES! Building wealth is a choice! Either you choose to build wealth, or you don't. It is very rare to just happen upon wealth. Unless you are the heir to a major inheritance, or you win the Powerball (both of which can lose their wealth just as fast as they receive it) you are not just going to stumble upon wealth one day and be set. It may not always be easy, or ever be easy for that matter but it is still a choice that you need to make for yourself and your family. So, if you are making that choice to start to build real wealth in the real world, Congratulations! You have taken the first crucial step, because again building wealth is a choice. Make sure you check out some of our first stepping blocks for building your wealth and check back often for new insights and wealth building strategies.
As of 2019 the maximum contribution you can make to your 401(k) is $19,000, $25,000 if you are over 50. That amount will increase to $19,500, $25,500 if you are over 50 in 2020. If you are planning on leaving your current job or already have and your 401(k) is still sitting there you haveContinue reading “Basics of the 401(k)”
Financial & Wealth Development Adventure