May 2020

Invest in your Companies 401K Plan if they have a Company Match

Some people ask the question if they would be better off investing in their own IRA rather than investing in their companies 401K plan? If your company doesn’t have a matching 401K plan then maybe that is for you. But what I see is that a lot of people lack discipline. What is nice about a company 401K is that it is coming out of their paychecks without any effort from them. They can just get used to seeing what their net check amount is to live on.

Debt Payoff Fast

This may not apply to your situation if you are currently debt free. Chances are though you may have someone you know that you could possibly help with this Mills Way to Financial Freedom rule. We taught this to our kids so if something happened and they found themselves in debt during their adult kids they would have the skills to get debt free fast. Of course, depending on how much debt they may fall into.

May Stock Market Thoughts

Coronavirus in April hurt the Business world. Pretty much every state was shut down. Now in May 35 states have some plans on reopening slowly and 15 are staying shut down longer. In Arizona they have us being shutdown till May 15th.

April 2020 Financial and Goals Results

April is over and one of the worst months of my life. On my Birthday my Mom went to Heaven to be with my Dad. She got coronavirus about 7 days before she lost her battle. She will be deeply missed from our family plus many other people that she touched their lives.