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Four Biggest Mistakes in Personal Finance

To summarize, an overall strategy can help you avoid these pitfalls. Be in the best financial position possible or any life or economic circumstance with these 4 steps: 1) Install or maintain a financial safety net for life’s biggest financial risks, to include (but not limited to) disability, death, divorce, unemployment, or lawsuit. 2) Save/invest 15-20% of your annual before tax income. 3) Reduce taxes and debt. 4) Spend the rest without shame or guilt. Read More

Compound interest is interest-on-interest. For example if you have $100, and the interest rate is 5 percent per month, you would earn $5 in interest and a total of $105 in your account. In the next month, you would earn 5 percent on the $105 for a new total of $110.25, and so on and so forth, earning interest on the new balance each month.

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How Compound Interest Helps and Hurts Your Financial Health

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I STARTED AN IRA AND HOW YOU CAN TOO (It’s Easier than You Think)

We’ve painted the stock market as this mysterious and exclusive place for a certain echelon of America to bask in their wealth. After months of research from books, blogs, and banks, all signs pointed at that fancy invest word.No one in my family invested, but everyone in the financial industry said it was a key component to build wealth. So I thought, If they can do it, why can’t I? Read More

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How Anyone Can Invest – Retail Investing Explained

There are a lot of different investors and investment vehicles out there. Let’s break some of the best known down by category and talk options. Read More

There are many ways to make an impact with your money.

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Making It Count: Save, Give, Spend and Invest for a Cause

Here is an exercise and example of how you can use your everyday financial decisions to influence the world you want for the future. There are essentially four ways we use money, and, as an example, I’ll use climate change (of course, you can do this exercise with whatever your top priority is): Spend, Give, Invest, Save. Read More

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Investing Basics: These Are the Basics of Risk, Return, and Diversification

You remember that you vowed to use your extra cash to start investing. And now you’re feeling a little bit sweaty.How do you decide which investments are the best ones for you? How much risk can (or should) you take? What do you do with your hands?Let us clarify some of your burning questions and help you get started on creating your own portfolio. Read More

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The Best Fee-Free Investment Apps

Here are the top free investing apps, ranked by level of involvement and functionality. So whether you’re a hands-on, hands-off, or a somewhere-in-between investor, you can manage your money on your own terms, and in your own time. Read More

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Nav.It with roooted: Psychology of Consistency and Money

Why is it so hard to follow through on habits we know will make us better? Our need for quick results. We want big change, now. And if we don’t get it, we quit. It's the kind of thinking that makes grand plans for you on December 31st but completely forgets about them by January 27. But there are three ways to get consistent with your money and your mindset. Read More

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Your 5-Minute Guide to Investing in Stocks

We’re here to help you understand mutual funds and navigate their pros and cons.

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How Mutual Funds Grow Your Money

Ever know someone who bought a timeshare vacation-home? Well a mutual fund is kind of like a timeshare of 100 (or 500 or 2,000) different properties that you, and everyone else who buys into them partially owns. Except instead of vacation homes, its an aggregation of many different investments (like a collection of stocks from 100 different tech companies). Let's talk to pros and cons. Read More