How to Pay Off Credit Card Debt Fast: 3 Smart Steps
Here is our 3-step process to pay off your credit card debt and get back on track with your finances. Lower your APRs, audit your debt to pay it off faster and build a debt repayment strategy.
No-Spend Challenge Rules & Benefits: Why It’s Worth Trying
Think of the No-Spend Challenge as a detox for your personal finances. Commit to cutting out all non-essential spending for a defined period of time. The goal is to give your money a fresh start and build better financial habits that you can rely on for the longer term.
Unrealized Gains Tax Simplified: Essential Insights for Affluent Investors
Unrealized gains tax refers to the taxation of profits on investment that have gained value but not been sold yet. These gains exist only on paper and are not realized as income until sale of the asset.
Leveraging Investments: A High Net Worth Introduction to Pledged Asset Lines
A pledged asset line is a credit facility that uses your investment portfolio as collateral. You pledge securities like stocks, bonds, and mutual funds to secure a line of credit, then borrow against that collateral as needed.
How to Recession-Proof Your FIRE Strategy
A step-by-step guide to ensure that you plan for financial independence in a tough economy.
Family Trust Meaning: Purpose & Benefits
Think of a Family Trust as an encrypted USB vault for your wealth. You load the assets, give the passcode to a trusted person, and set the future date when it unlocks for your loved ones.
Should You Hire a Wealth Manager? Here’s What to Consider
Evaluate wealth management firms based on factors such as their fee structure and whether they operate as a fiduciary for their clients. Busy professionals who prefers to make their own decisions can consider an AI based financial planning tool such as Planwell
A Straightforward Approach to Determining Total Assets and Net Worth
Total Net Worth is a snapshot of your financial well-being and is derived by calculating the total value of all assets after subtracting debt and liabilities.
Your 2025 Guide to 401(k) Catch-Up Contributions
Retirement plan participants aged 50 and above can make higher than the standard contributions to 401K, IRAs and other types of tax advantaged retirement accounts to ensure that they save enough for their approaching retirement years.
Essential Insights on IRR: Meaning and Calculation for investments
(IRR) is the return on an investment which takes into account the cash flows and time scale. It is the discount rate that makes the Net Present Value of all cash flows equal to zero.
Essential Steps for Property Investment Analysis and Evaluating Investment Properties
Conducting a property investment analysis will help ensure you choose the right asset. Do a rigorous analysis of expected returns and cash flows and consider financing options and debt strategies.
Big Tech & Early Retirement: The FAANG and FIRE Connection
FAANG employees have many advantages in achieving Financial independence but need to plan their goals, guard against lifestyle creep and invest wisely. A key priority for tech workers is managing their RSUs while ensuring asset diversification.