Sober Women Managing Money & Mental Wealth
By Deanna 3 Comments
‘Tis the season for open enrollment for:
I work for a broker/third party admin in the world of health insurance. While I typically deal with group health insurance, I certainly am familiar with individual insurance and Medicare. That being said, I would love to share some of the knowledge I’ve acquired over the last 8 years in this industry. This is your article to learn everything you need to know about open enrollment.
I always recommend investing in your tax-advantaged accounts before doing any after-tax investing. The reason is if you can reduce your taxable income now, great. Chances are when the time comes to withdraw that money in retirement, you’ll be in a lower tax bracket.
Once you are maxing out your tax-advantaged accounts and are looking to invest more, you might be interested in opening an individual investing M1 account. This post is to give you my review of M1 Finance which is where I invest my post-tax monies. However, you can do tax-advantaged investing with M1 as well!
I was fortunate to go to my second FinCon this September. Last year I went to my first FinCon in Florida on a scholarship as a new blogger. I went this year as a speaker. It’s amazing what a difference one year can make!
Anyway, this post is designed to give tips to anyone attending any type of conference and, in my opinion, how to get the most out of it. Secondly, you’ll be able to read about some of my adventures at FinCon19. Additionally, I’m including some fun photos (permission asked first).
By Deanna 4 Comments
Three is wonderful number. I do three basic things with my money – save, spend, give. I automatically save about 50% of my money that comes in. Additionally, I spend about 40% of my money on good ole living. Furthermore, I donate 10% of my money.
If this seems impossible to you, stay with me because it seemed impossible to me several years ago. I want to give you hope to know that with some focus and a plan, you can get to a better place with your money.
