Finance Fridays


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Hey everyone, it’s Finance Fridays. As you may know, I was in California this past week for my friend’s wedding. I had the chance to meet up with some friends from high school that I hadn’t seen in a long, long time. So today I want to talk about the “Many Paths to the Top of the Mountain”. Stock Photo from: Pexels Here’s the quote: “There are many paths to the top of the mountain, […]

Many Paths to the Top of the Mountain #illumedati


1031 Exchange
Hey everyone, it’s Finance Fridays again. I’m actually back at my old stomping grounds in California for my friend’s wedding. However, I still want to try to keep up with my blog. As such, this will be a relatively short post about “What is a 1031 Exchange?” Stock Photo from: Pixabay What is a 1031 Exchange? Well, first of all, let’s be clear. I’m talking about houses here. More specifically, the buying of a new […]

What is a 1031 Exchange? #illumedati



Hey everyone, it’s Finance Fridays. After looking through some of my old posts, I have alluded to Credit Card Debt and how bad it is for you. However, I realized I’ve never talked about it explicitly. So let’s talk about Credit Card Debt. Stock Photo from: Pexels Ok, so let’s discuss Credit Card Debt Remember how I mentioned compound interest before and how powerful it is? Credit Card Debt is like that, except probably even […]

Credit Card Debt #illumedati


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Hey everyone, it’s Finance Fridays and this is going to be one of those “right now” posts. I received a comment on my post about Roth 401k/403b in Residency. I was going to write a relatively long comment, but instead I’ve decided to turn it into a complete post: Roth 401k/403b in Residency Case Report. Stock Photo from: Pixabay Here’s the comment: (from Queue) My wife and I are making retirement a priority. We’re just about […]

Roth 401k/403b in Residency Case Report #illumedati



Here’s the Finance Fridays Roadmap Update 6-7-2017: So pour some coffee, sit back, relax and click on some of these links: Stock Photo From: Pixabay I don’t know anything about Finance and Investing: Talking the Talk Priorities Part One, Part Two, and Part Three The Philosophy Pay Yourself First Dr. Who? Dr. You “Dr. Lee” A Financial Planning Case Report Ok, I’m beginning to understand now… what else you got? Compound Interest Index Funds The Biggest Mistake of […]

Finance Fridays Roadmap Update 6-9-2017 #illumedati


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Hey everyone, it’s Finance Fridays again and this is going to be a relatively short post about Catchup Contributions. Stock Photo from: Pexels What are “Catchup Contributions”? Well, your normal allowable yearly contributions to 401k/403b and 457 are $18000 (as of 2017). However, after the age of 50, this limit increases by $6000 to $24000 in order to help “catchup” in preparation for retirement. This also increases the prior maximum contribution of $54,000 (2017) from all […]

Catchup Contributions #illumedati