The West Egger

Young People Looking Financially Forward

Traditional vs Roth IRA Accounts

Tax the seed or Tax the Tree?

Tax the seed or Tax the Tree?

We have already discussed the path to future financial independence involves starting to save early. The first action is to invest in a company 401(k) or 403(b) plan up to the point of the match. I’ve explained this process already in my Calculating Contributions post.

The next thing to do is take advantage of an IRA account. There are two main types of IRA accounts, a Traditional IRA and a Roth IRA. [Read the rest of this entry...]

A Little Less Social, A Little More Networking

So you are already on either Facebook, MySpace, or Friendster (or multiple). These social networking sites have helped you share your interests, pictures, videos, and events with friends (and lets admit it, people you hardly know too!). You’ve stayed up to date with the ongoing lives of the people you have connected to and even stalked a few.

Now What?

[Read the rest of this entry...]

Calculating 401(k) or 403(b) Contributions

Be a DIYer when it comes to Financial Planning

Be a DIYer when it comes to Financial Planning

This blog was intended to be about figuring out what to do with money after earning it. The idea is to work for money now so one day money will work for us. Naturally that can lead to questions about retirement preparation and the infamous 401(k) or 403(b) plans offered in many workplaces.
[Read the rest of this entry...]

Path to the Green Light

In F. Scott Fitzgerald’s The Great Gatsby the title character, Jay Gatsby, lived in an area known as West Egg. He, like his neighbors, was considered ‘new money’ and worked extremely hard to achieve the riches of life. Across the water from Gatsby’s home shone a green light [Read the rest of this entry...]

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