Get Rich Slowly

If you’re new here, you may want to learn what this site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!As I continue to achieve my short-term goals, my attention is turning increasingly to long-range plans. What is it I want to do with my life? I’ve always toyed [...]

Personal finance is filled with tough decisions. Prepay the mortgage or invest the money? Pay down high interest debt first or use a debt snowball to tackle the small balances? Roth IRA or traditional IRA?
Sara wrote recently with another dilemma I think many of us have faced: is it better to pay down debt or [...]

After yesterday’s discussion of 401(k) rollovers, I did a little digging. While browsing the Internal Revenue Service site, I found this handy rollover chart [PDF]:
Click image to open full-size PDF chart in new window.

Notice that anything can roll into a Roth IRA (though sometimes with conditions), but a Roth IRA cannot roll into anything else. [...]

This is a guest post from Todd at The Working Dollar.
When you leave your job, you have several choices regarding your 401(k). These options are pretty much universal, meaning they apply to every 401(k) and to every job change situation. Your options are:
Cash the 401(k) plan and receive a full pay-out
I’ve listed this option first [...]

This is a guest post by G.E. Miller, head author of the personal finance blog 20-Something Finance. It’s a nice companion to my article this morning about the extraordinary power of compound interest. Both articles are a part of Financial Literacy Month.
Before we fire off the gun to start the ‘Compound Return Marathon’, let’s cover [...]

Every week, I receive more questions about Individual Retirement Accounts (which are more correctly known as “Individual Retirement Arrangements”, or IRAs). These are great tools to help the average American save for retirement. Most of the time I’m able to route people to one of my previous articles on the subject:

The GRS Introduction to Roth [...]

Most of the advice at Get Rich Slowly is targeted to people like me: middle-class Americans in their mid-thirties who have struggled with debt. But many other people have money questions, too. Christine is 54 and her husband is 62. They’re seeking quality resources about planning for retirement:

You and most of your readers are at [...]

This morning we have a little something for our neighbors to the north. This is a guest post from Frugal Trader, who writes about personal finance from a Canadian perspective at Million Dollar Journey.
J.D contacted me to contribute to his retirement account series with an explanation of Canadian RRSPs. An RRSP is the closest [...]

It’s the start of a new year, and many people have resolved to improve their financial situation. Meanwhile, another tax season is close upon us. Personal finance questions abound! Sure, money forums and blogs can help you with some of your problems, but sometimes you need a trained professional.
Tomorrow — Tuesday, January 15th — Kiplinger’s [...]

The toughest personal finance choices are those where your heart wrestles with your mind. Justin wrote because he’s found a great place to live, but it’s just on the edge of what he can afford. He wants help deciding what to do:

I’ve been renting for the past two years (and several years before that in [...]