Nope, wasn’t a typo. There’s a difference between an IRA and an IRRA.   Let us explain.   When leaving a job, you typically have three options on what to do with your 401(k): Cash it out: We can’t dole out specific advice here because of compliance situations we could find ourselves in if we did, but it’s probably not a good idea for most people to cash out their 401(k) because you will most likely be hit with crazy high taxes and withdrawal penalties. Leave it alone: You aren’t eligible for any future matching and after a few jobs, you could end up with a ton of 401(k)s floating ar ..read more

  Living with a partner before being legally married is more prevalent in millennials now than ever before. And by prevalent we mean up 50% in the last 10 years. So yeah, people are getting together. But they’re also breaking up after becoming financially entangled.   And if that’s you, welcome. We’re here to help. Feel what you need to feel and then pull yourself up by the bootstraps. Let’s get you better today than you were yesterday.   At least financially.   Four steps to take for a financial W after putting the L in relationship: 1. Change your passwords. How many peop ..read more

Nobody asks how much money they should have by 20 years old. 20 feels like you’re still a kid. You’re a freshly registered voter and probably still in school full time and nobody has good (legal) money when they’re in school.   You might be too close to 30 to ask how much money you should have by now and still have time to try to get there – but best of luck guessing what your friends are working with.   40 though. 40 years old. A few more gray hairs and a few less nights out.    It’s well past time to… say it with us Steve-Harvey-game-show style … get your financial sh*t t ..read more

Animal House. Drumline. Good Will Hunting. Old School. Accepted. Water Boy. Van Wilder. Legally Blonde.    Cinematic adventures with a hint of the truth of college.  Yes you make friends, learn how to function in a semi-structured environment, and start to really make decisions for yourself. You’re faced with opportunities to be brave (remind your kid there is a difference between brave and stupid. Stash Wealth’s advice: Choose brave and avoid stupid unless it will make a great story one day). But let’s not forget these are dramatic stories meant for entertainment. We’re not exa ..read more

Hey HENRYs [high earners, not rich yet] Do a handful of these questions sound familiar to you: I’m making decent money, why don’t I have more to show for it? Should I pay down school loans or save for retirement? How much should I save for retirement? And what if I’m a freelancer? I did a great job saving. When am I ready to invest, and how? I’m getting married! Should we merge our bank accounts? Can we afford a nanny, private school, or both? I have big plans for my future, what should I do today?     <<READ THIS: HOW MUCH SHOULD I SPEND ON RENT?>>     You splu ..read more

When we tell you the average American has around $6,000 in credit card debt, is your reaction more: A) THAT’S IT?! B) THAT MUCH?! C) Yep, sounds about right… D) All of the above. Lots of confusion over here.   Credit cards are a wildly polarizing topic. Some people have made a living breaking down the do’s and don’ts and best practices. Some have chosen to completely ignore that they exist because they’ve seen what credit card debt can do to people. Some have hacked their way to free trips and hotel stays (looking at you, TPG.) Some use them for their not-so-secret online shopping addicti ..read more

When you’re unsure about what lies ahead, it is time to turn to an expert.  Seth Godin spoke about how you can learn how to fly a plane on YouTube but would you want that person as your pilot? You can learn how to remove a spleen on Google but do you want that person performing your surgery?   While we aren’t experts in global pandemics (outside of the movies,) we’re on our sh*t when it comes to managing finances. We’ve pulled together a list of 5 moves you can make to help you financially thrive in a climate that’s doing the opposite: 1. Do not pull your investments. The ultimate en ..read more

“Everyone hates a millennial until they have to connect to bluetooth.”   Wait wait if the term “millennial” turns you off, remember if you were born between 1980-2000 we’re talking to you. Gen-Z is the new group creating confusion for the masses. Don’t get it twisted.   We grew up knowing what life was like with a T-Mobile sidekick, researching with Encyclopedias and AskJeeves, watching Nick at Nite, downing Dunkaroos… oh and if you didn’t know let us be the ones to inform you they. are. back. When Hilary was Lizzie and Bob was Danny and Jennifer was Rachel. Before all of the reboots ..read more

We’re giving you the financial answers to the questions that you’ve already asked or forgot to ask because. You know. Baby. Quarantine baby? Someone didn’t social-distance properly… Let’s dive in. Oh, and congrats!        1: How much does having a child actually cost? The cold, hard facts: insurance typically covers all but $5,000 of the cost of delivering a baby in an in-network hospital. And this is the low end, non-complicated birth, no doula, no specialist, type of cost estimate. Beyond that, you can expect daycare to run between $15,000 – $30,000 per year, a nanny shar ..read more

If you’ve thought about buying a Peloton, purchased Warby Parkers, or shopped online for any big-ticket item recently – you’ve probably seen the option to finance your purchase.   In other words, do you drop $2,245 on a new Peloton bike or simply sign up for a “low, easy” payment of $58 a month for 39 months?   Recently, companies like Affirm and Paypal Credit are providing us with the option to “buy now, pay later”. Affirm, for example, lends customers money to buy something immediately and allows the customer to pay them back in payments over time (a concept called financing). &nbs ..read more