If you manage your family’s personal finances, what would happen if the worst happened and you were no longer “available” to manage the household finances? In our house, I manage the finances, and Mrs. Modest is perfectly okay with that. If something happened to me, I don’t know if my wife would know the location of all our assets. Enter, the money binder. In today’s episode we talk about the importance of a money binder and how to create one today.
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You’ve heard of 401(k)s at work, and heck you might (hopefully!) contribute to one. But do you really know how they work and how they can maximize your retirement savings? Let’s dive in and learn more about the Traditional 401(k) account.
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