Whydnetsprofit.com

Eating the elephant – one bite at a time.

Money

  • Fundamentals: Credit cards – The good, the bad, and the ugly

    A credit card can be a notable source of savings, or a shovel that digs you into debt faster than you knew to be possible. With great power comes great responsibility – let’s make sure you end up on the responsible side of the fence. After reading this, you will be equipped with knowledge…

  • Streamlined: Roth IRA

    We’re all familiar with the 401 (k) retirement account (if you’re not – start here! 401 (k)), but it seems the Roth IRA doesn’t get the same level of attention. Let’s discuss what a Roth IRA is, how it compares to a 401 (k), and give you an idea of whether or not it’s…

  • Streamlined: Emergency fund – NOT emergency fun

    An emergency fund is often the main line of defense guarding your long-term investments. It’s what confronts threats of credit card debt, repels stress around finance, and generates momentum by reminding you of your ability to prove discipline. What is an emergency fund? How can you start one? How much money should you put…

  • Fundamentals: Earning, managing, saving, and growing your money

    Are you looking to develop your skills in earning, saving, managing, and growing your money? Let’s discuss simple systems that can help keep you on track, starting with how you earn it and ending with how it can earn itself. Disclaimer I am not a professional financial advisor. The information provided is for educational…

  • Fundamentals: 401 (k)

    Here, we’ll take a look at key concepts relating to an incredibly important retirement tool, the 401 (k) account. If you’ve done any looking into asset allocation, retiring early, or even employer benefits, you’ve probably heard of this established All-Star within the field of finance. Disclaimer I am not a professional financial advisor. The…