When most people change jobs they know to take their 401k with them to their new company or roll over that money into an IRA. Whenever I’ve changed jobs I usually roll my 401k money into an IRA that has been accumulating all my 401ks over the years. Recently I left a job where I…
Category: Money Management
Cash Is King!
Forget bank Certificate of Deposits and forget about leaving your money in a checking or savings account. Everyone I know and their dog is buying US Bonds right now and with juicy yields of 5.38 percent for 1 month T-Bill to 5.36 percent for 1 year T-Bill but the going rate for 2 year Notes…
Will Zelle Kill Credit Cards?
I love credit cards and I don’t ever carry a balance. I have 0% balance transfer credit cards in which I take the credit card banks money at zero percent and invest it in high yielding CDs or bonds making 5% or more. I have airline credit cards that rack up miles so I can…
Personal Finance and Cash Management 101
Cash Management is the process of collecting and managing cash flows. Most people’s primary cash flow comes from their paycheck and for many the process is largely automated. Typically your employer pays you weekly, bi-weekly or perhaps monthly. Your employer produces a ledger that notes hours worked, deductions for taxes, insurance or other items and…