At some point throughout someone's working career, they will likely have the option to contribute to a 401k or similar type of account. ...

As a part of my normal financial planning process, I attempt to map out someone's financial life for the remainder of their life. One of...

This is the last post in a series on 529 accounts. In the first post, we discussed how you can use variables specific to your situation...

In the last post, we discussed how you could use the variables specific to your situation (like tax percentage) to determine whether a...

The usefulness of 529 accounts is occasionally debated given that if not used for their intended purpose taxes and a penalty can be owed....

The child tax credit is expanded in 2021. Here are five things to know: The child tax credit for 2021 is $3,000 per child or $3,600 per...

HSA, 401k, 403b, IRA, Roth, etc. Within your household, it is likely someone owns one or many of these accounts. Occasionally the default...

The Bible is a collection of several books. Several of these books are grouped together and called the wisdom literature. Proverbs, one...

I have often wondered if we need to be more open with our giving. This past week I read in 1 Chronicles 29 how David gave large gifts for...

There are several tax credits and deductions that are available to taxpayers. Having a good understanding of these tax benefits can pay...

Personal finance at times can be overwhelming. One aspect of personal finances that can cause stress every year about this time is tax...

We just wrapped up the first quarter of 2021. While I don’t believe in daily checking your portfolio balance, I do believe that a high...

Biden made a campaign promise that anyone making under $400,000 wouldn’t see a tax increase. We are still a little uncertain about all...

In the past year, there have been several stimulus bills passed with varying benefits. The benefits can really begin to add up and for...

A financial advisor I know wrote a series of posts (and even created a website) structured as letters to his son. In the letters, he...

One of the foundational principles of a Biblical understanding of finances is summarized in Psalm 24:1 - “The earth is the LORD’s, and...

We all make mistakes. I do, you do, everyone around us does. Even though we live in a mistake-ridden world, we sometimes function as if...

Several months ago, I set out to calculate how much someone would have needed to save at any given age and spending level so that they...

My wife and I recently started a parenting class. The first lesson of the class was titled "The Principle of Why". Understanding why you...

In the past I wrote about how refinancing your mortgage could make sense given that interest rates were dropping. Low-interest rates are...