How "Big, Beautiful Bill" Will Impact You
I joined CBS Mornings to break down who will benefit and who could be impacted negatively by President Trump's massive spending bill.
HOW TO SPEND MORE MONEY
Everyone in personal finance focuses on frugality and cutting back. That can work up to a point but there are diminishing returns and it’s no fun to live like a hermit. more here>
HOW TO BUILD A LAZY PORTFOLIO
An oldie but a goodie, the lazy person portfolio options via the Bogleheads. more here>
ACTIVE MILITARY, AM I ON TRACK?
From the Jill on Money podcast, we're in our 30s, have about $300k saved with a nice pension on the horizon, but we don't own any real estate. Is that holding us back?
SIDE HUSTLE INCOME FOR EVERYDAY EXPENSES
Roughly one in four American adults have a side hustle. Here’s why that number might change soon. more here>
Q: Hi Jill, I have a traditional IRA with about $260,000 that's invested very conservatively. My husband and I are very comfortable with our other funds for retirement, so I'm thinking of using my traditional IRA as an inheritance for my kids. Is it possible to convert the IRA to a Roth IRA and invest more aggressively?
A: If you have the funds to convert and pay the tax bill that will be due, then I'm on board with this. And yes, since it's for the kids, you can invest aggressively.