RESOURCES
Useful Articlesand Resources
Should I Set Up a Roth IRA?
By Childfree Wealth | Feb 1, 2023
A Roth IRA is a type of investment account that you don’t ever pay taxes on once you’ve put money into it. As with anything, there are exceptions to the rule, but the Roth IRA can be an extremely powerful tool when it comes to your finances. You might be thinking that if it is such a […]
Read More
What is compound interest?
By Childfree Wealth | Jan 30, 2023
“Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” – Albert Einstein Yes, Albert Einstein healthily respected the power of compound interest and, based on the quote above, maybe even revered it. I never met the guy, but I hear he was very smart and […]
Read More
The How and Why of Backdoor Roth Conversions
By Childfree Wealth | Jan 29, 2023
Before you get up to your elbows in this article, make sure you understand Traditional Vs. Roth accounts with this course. Backdoor Roth Conversions are a creative way of getting around income limits for contributing to a Roth IRA if you can meet the requirements for it to work. Roth IRAs have income limits for those […]
Read More
4 Things Every 20-Something Should Know About Money
By Childfree Wealth | Nov 14, 2022
Developing good money habits in your early adult years can help you position yourself for financial stability and better grow your wealth over time. The sad truth is that many young adults in their 20’s are unaware of how to best manage their money and will often regret the monetary decisions they made in their […]
Read More
What is a Backdoor Roth Conversion?
By Childfree Wealth | Nov 7, 2022
Most terms in the world of personal finance muddy the waters far more than they provide clarification. One of these terms is the Backdoor Roth Conversion which is often confused with the simpler Roth Conversion. Both can be useful strategies depending on your situation, but backdoor Roth conversions are a little bit more complex due to the potential […]
Read More
A Portrait of Logic and FIRE – Childfree Wealth
By Jay Zigmont | Oct 4, 2022
Greg 37, Male, Married, Virginia Bachelor’s in Accounting Corporate Accountant This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Greg and his wife are accountants. He is an accountant for a financial firm, and she works for a university. He and his […]
Read More
How Finances Are Different for Those Without Children
By Childfree Wealth | Oct 3, 2022
Modern society has been built around the idea that each of us is expected to someday be a parent. I legitimately started getting ads for diapers at age 25 (did Google think I still needed them? Fair play, Google), and I don’t have, want, or plan on having children. According to Pew Research, 44% of non-parents […]
Read More
Incentive Stock Options: The Basics
By Childfree Wealth | Sep 26, 2022
More and more employers are attracting top talent by offering various forms of equity compensation. Incentive Stock Options (ISOs) are a popular choice usually offered by pre-IPO companies and are among the more complex ways to own stock. ISOs have huge potential benefits but, due to their complexity, also require a strategy to realize the […]
Read More
Josie – A Childfree Portrait of Being Lost
By Jay Zigmont | Sep 20, 2022
Josie 25, Female, Single, California Currently working on a Bachelor’s Degree Customer Service This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Josie started her discussion with me, describing how she ran away from home at 17 to escape an abusive household. […]
Read More
A Childfree Portrait of Freedom and Practicality
By Jay Zigmont | Sep 13, 2022
Kristi 38, Female, Married, Oklahoma Master’s in Education and Geology Educator Kristi and her husband have applied an analytical approach to being Childfree and celebrate the freedom that resulted: “We made a pros and cons list, and the cons side was way longer than the pros.” Kristi looks at the responsibility of having kids as “mental clutter”: […]
Read More