Habesha Finance Podcast

We continue exploring different retirement accounts with this episode as we look at the differences between a Traditional IRA and a Roth IRA. Some of the questions that we'll answer: How Are Taxes Treated? How Much Can I Contribute? Who Qualifies for a Traditional IRA? Roth IRA? What About Withdrawing the Money? Investment Selections? Back Door Roth IRA? For show notes go to habeshafinance.com/9

In this episode we discuss the 401(k) plan and some important information you will want to know about. Who qualifies for a 401(k)? Why you want your employer to offer a 401(k) plan. How much to invest? Companies that offer pensions: http://habeshafinance.com/pensioncompanies Currently you can defer up to $18,500 in a 401k. Check investment fees in your 401(k) and opt for index funds. Keep fees low...

In this episode I share with you some wisdom and education to help you or anyone you know who recently graduated. Whether you've graduated from high school, college or earned an advanced degree you will want to listen to this episode. 1. Stay away from consumer debt and pay off student loans fast! 2. Don't finance that car or any other material item. 3. Revisit your goals and adjust as needed. 4....

In this episode we review 5 actions of financial independence you can get started with today. For show notes and transcript, visit habeshafinance.com/5actions We started our journey to financial independence early in 2017. I break down the 5 actions we've taken to lay a foundation to build wealth and overcome our money problems. 1. Get life insurance. Check out my affiliate link habeshafinance.com...

This is the final episode of a five part series where I share with you how Dave Ramsey's baby steps have helped me accelerate my path towards financial independence. In this episode we discuss mutual funds and more specifically index funds. In this episode you will learn how much you can save by switching from actively managed mutual funds to low cost index funds. Show Index Funds: US Total Stock...

This is the fourth part of a five part series where I share with you how Dave Ramsey's baby steps have helped me accelerate my path towards financial independence. For the complete guide to Dave Ramsey's 7 baby steps visit: habeshafinance.com/daveramseysteps Get your free BrotherFI financial independence checklist and the latest articles by going to habeshafinance.com/sub and simply add your email...

This is the third part of a five part series where I share with you how Dave Ramsey's baby steps have helped me accelerate my path towards financial independence. From reading Total Money Makeover to going through Financial Peace University I'm here to share what I've learned. Are credit cards really worth having? How should you handle having a credit card? Young people should be educated on using...

This is the second part of a five part series where I share with you how Dave Ramsey's baby steps have helped me accelerate my path towards financial independence. From reading Total Money Makeover to going through Financial Peace University I'm here to share what I've learned.  For more information on index funds and the strategies I use for investing visit  habeshafinance.com/indexfund...

This is the first part of a five part series where I share with you how Dave Ramsey's baby steps have helped me accelerate my path towards financial independence.  From reading Total Money Makeover to going through Financial Peace University I'm here to share what I've learned.  Debt snowball vs debt avalanche post with an awesome free debt repayment tool: habeshafinance.com/payoffdebt  For the co...