by Money Guy | Aug 9, 2023 | Ask the Money Guy, Blogs, Financial Planning
When deciding between contributing to a traditional or Roth 401(k) based on your current tax situation, and for the Mega backdoor Roth conversion, you need to check if your employer’s plan allows it and consider other options if you are in a high tax bracket....
by Money Guy | Aug 8, 2023 | Ask the Money Guy, Blogs, Financial Planning
If you chose a conservative/high fee option when you began investing in a 401(k) decades ago and need better gains, consider rebalancing your portfolio and focus on increasing your savings rate rather than taking excessive risk to make up for lost time. Check our our...
by Money Guy | Aug 6, 2023 | Ask the Money Guy, Blogs, Financial Planning
Before making the leap from a side gig to a full-time venture, ensure you have a solid 3D plan with a three to five-year outlook, build up sufficient emergency reserves, and communicate your intentions and journey with loved ones to gain buy-in and support....
by Money Guy | Aug 4, 2023 | Featured, Financial Planning, Podcasts
We have a very special episode of The Money Guy Show with a very special guest: George Kamel! George joins us on the show to talk about how he became a 30-something millionaire, his journey at Ramsey Solutions, and exclusive money-saving hacks and tips. Enjoy the...
by Money Guy | Aug 1, 2023 | Blogs, Featured, Podcasts
You may not be making as much as you should on your cash! In this Q&A, we discuss the best places to store cash, how to earn attractive yields, and the traps you need to avoid when choosing a high-yield savings account.