Paying off debt, establishing an emergency fund, and investing for the future. Sounds like the bumper sticker you’d expect to see on the back side of your financial advisor’s car, doesn’t it?
Bitcoin was a really popular “get rich quick” strategy, so to speak, just about a year ago. Sure, some people did make a lot of money doing this, however, there were also plenty who were not so fortunate.
Many federal employees are involved in TSP’s, which are Thrift Savings Plans, for those who don’t like the many acronyms used in the financial industry. Michael Clark and John McCann often get questions on this particular subject and the Let’s Talk Future Show allows them to extend their knowledge out to many people just like you.
The 10-year average inflation rate for college tuition is right around 5%, according to Savingforcollege.com. This 5% might not sound like much, but if you carry on that average for 18 years, you end up with a very expensive education for one child.
Though I have never personally ran a marathon, I could imagine that there are moments during the race that you feel the best you ever have! Then, I am sure there are moments you are questioning your logic for entering yourself into something so painful and fatiguing. You may be wondering at this point why I am even discussing running on a financial radio show. I am here to tell you that running a marathon is a lot like saving for retirement.