The percentage deducted from a worker’s paycheck and allocated to the 401k plan is a personal decision. It can vary depending on individual circumstances, company policies, and the type of work a person perform
While30-year mortgage ratespeaked at over 8% in October 2023 and have fallen a bit since, they’re still much higher than they were in 2021. And prospective homebuyers are still dealing with high home prices and low housing inventory in many parts of the country, making affordability a cont...
However, at the end of the month, that “little bit” adds up to a lot of your paycheck. This reality leaves many people wondering where their money disappears each month. In the process, they incorrectly assume that they don’t earn enough to “make it.” Try using a cash envelope ...
It isn’t illegal to fire employees because they asked for a raise, but it would reflect poorly on the employer that did it. Especially given the existence of websites that allow employees to share information about employers, it is a risk that most companies wouldn’t want to take. If y...
A worker may have certain holidays off that are recognized, or they may be required to work but be paid an additional rate. Some hourly workers are paid time and a half for holidays. For example, if they are paid $10.00 per hour during normal business hours, they are paid $15.00 per...
college education and still take vacations. It was a tough road to financial freedom, but had I not made those mistakes earlier in life, I may not have been motivated to be smarter with money. I retired at age 59, and I now travel the world. My rental properties subsidize my retirement...