Why is Debt So Hard to Pay Off? | Phil Town

Get A FREE Copy Of My Special Report
“Can Your Retirement Survive” Today!
There's Absolutely $0 Cost To You!
We Even Pay For Shipping & Handling!

One thing you can’t invest properly if you have a lot of debt, especially credit card debt. Paying off debt is no easy task, but here are some tips to help you get rid of your bad debt.

Get your finances in order in just 14 days and get on track to start investing with my 14-Day Financially Fit Challenge! Click the link above to get started.

Learn more:
I’m now on Clubhouse! Give me a follow: @philtown — see you there!

Subscribe to my channel for free stuff, tips and more!
YouTube: http://budurl.com/kacp
Facebook: https://www.facebook.com/rule1investing
Twitter: https://twitter.com/Rule1_Investing
Google+: + PhilTownRule1Investing
Pinterest: http://www.pinterest.com/rule1investing
LinkedIn: https://www.linkedin.com/company/rule…

Is a Roth IRA Conversion Right For You?

Now is an ideal time to become familiar with the benefits and drawbacks of converting a traditional IRA to a Roth IRA. Currently, only households with a modified adjusted gross income (MAGI) of less than $100,000 can convert, but this income limit will be waived in 2010. Consider these key factors to determine if this strategy is appropriate for your circumstances.

Alternative Financing Sources – Employee Stock Ownership Plans (ESOPs)

An employee stock ownership plan (ESOP) is when the company offers shares of the company’s stock to employees as part of their compensation. This method of compensating employees has two tremendous upsides. The first upside is a partial solution to the conflict of interest you and your managers deal with on a regular basis. That is, your attempt to keep your employees motivated and working efficiently, while under traditional plans, employees are gaining little to nothing from increasing the firm’s bottom line.

5 Biggest 401k Rollover Mistakes – Are You at Risk?

Here’s a look at the 5 biggest 401k rollover mistakes. Some of them are very common and can be costly, either in terms of losing your account’s tax sheltered status or in losing out on profits. Remember, these things have happened to other people. So, they could happen to you.

Ever Wondered About the Disadvantages of a 401k Plan?

The disadvantages of 401k plan usage are few. But, if you have the option to choose, there are several things to consider and be aware of. Here are a few things that you should know about IRAs, 401Ks and Roth plans. The information should help you choose which plan is right for you.

Let’s Face it – Are There Any Disadvantages of 401k Plans?

Are there any disadvantages of 401 k plans? There could be. It depends on the investment opportunities offered by the account provider and at what age you plan to retire. If the plan is a standard one, rather than a Roth-401k, there could be a disadvantage, too. Let’s take a look at your options.

This post contains affiliate links. If you use these links to buy something we may earn a commission. Thanks.”

You May Also Like