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Tag: IRA

My First Mega Backdoor Roth Contribution

My First Mega Backdoor Roth Contribution

My First Mega Backdoor Roth Contribution

In the personal finance community, there’s a lot of back and forth between the advantages and disadvantages of Traditional and Roth IRAs. Short and long-term tax implications are normally highlighted as the main differences and are the ones that carry the heavyweight in moving the needle in either direction.

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The Case for Paying Yourself First

The Case for Paying Yourself First

Paying yourself first is a very popular phrase I came across when reading The Automatic Millionaire by David Bach. He also happens to be the one who created the movement around the “latte factor” but that’s one topic that deserves its own discussion.

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