At IWT, we talk about 401ks – a lot. (See here, here, or here for proof)And, that’s with good reason. If you want to be rich, the 401k is one of the most powerful investment tools at your disposal, especially for retirement planning. It is also one of the most misunderstood money-maximizing vehicles, starting with how much you should have in your 401k.That is a solid question, but it doesn’t
by Robert BruceSenior WriterThe student loan servicing industry has had better days.Over the last several months, many servicers – companies that contract with the federal government to manage billing, customer service, etc – are stepping out of the loan servicing business.Here’s a quick breakdown: Richard Cordray, COO of Federal Student Aid, recently gave a policy speech to the Education Finance Council. His remarks were given to Politico.He said in the
When you have debts everywhere you turn, it can feel like you’re completely swamped. Your hands are tied every payday as you funnel money into paying off debts, leaving you with no room to save. That’s why a lot of people turn to debt consolidation, which is when you use a loan to pay off all of your debt — and it can seem like a godsend.But wait, how is ANOTHER debt supposed to
by Mike BrassfieldSenior WriterIn times like these, we could all use a little self-care. Things like getting a massage, maintaining good sleeping habits, eating a vegetable or two, curling up with a good book and sticking with a somewhat regular workout could do us all some good.Ah, but what about financial self-care? We’re always being reminded to take care of our mental, emotional and physical health. But what about your
God, can we please stop with guilting people over the morning pages, the journaling, the meditation, the drinking 18 gallons of mint-infused water, and the yoga?If you want to do those, GREAT! But you don’t have to.My rules for the perfect morning:A post shared by Ramit Sethi (@ramit)There’s a new cottage industry of people telling you all the thing you “should” do every morning. But as it gets more absurdly
Being put on a Performance Improvement Plan (PIP) can feel like a kick to the gut, especially if it comes out of the blue and you don’t understand why. However, in most cases, it’s not a surprise. It usually comes after an employee has been struggling in their role or with some other issue at work.If you’re faced with a PIP and don’t know what to do, don’t panic! Below, you’ll
Social event: check. Standing in the corner creepily observing guests hoping someone will come over: check. It doesn’t take a genius to know that staring people into a conversation doesn’t work. Quite the opposite, in fact. But what if you’re just not social? Here’s the thing. Founder of I Will Teach You To Be Rich, Ramit Sethi, has discovered something influencers and easy communicators already know: Being a better conversationalist is a skill.
by Kristin Jenny Getting a dog is an exciting addition to your life. Who wouldn’t want an energetic, adorable puppy zipping around the house? But adopting a dog comes with more responsibility than most realize. Outside of the obvious responsibilities like feeding, walking, and taking a canine to the vet, basic obedience training sessions are a must for any dog-owner. Having a well-behaved dog isn’t just a nice trait —
by Mike BrassfieldSenior WriterThere’s still a worker shortage in the United States. There are millions of unfilled job openings, with businesses across the country struggling to recruit the workers they need.Is your business looking to hire new employees — qualified candidates who are a good fit for the job?In that case, you’ve no doubt considered using a popular online recruitment platform like ZipRecruiter or LinkedIn. But what’s the difference between
When it comes to building the best investment portfolio, you’ll often hear that diversification is key. But what does that even mean — and why do you need to bother with it? After all, you already own a wide range of stocks, from that skyrocketing Amazon stock to your Apple and eBay stocks, and you’re raking in the profits. What could go wrong?If you’re relying on a portfolio filled with
