Maximum 401k & Roth IRA Contribution Limits 2011

retirement jar moneyAs you probably already know, saving for retirement is extremely important, and there are many different types of retirement accounts that you can use including the individual 401k, Roth IRA, Traditional IRA, and Roth 401k. Which one you go with depends on your own unique needs and preferences, so be sure to do some research on Roth IRA vs 401k and Roth 401k.

Most of these are very easy to fund and maintain. But are you actually doing it? If not, what’s keeping you from getting the most out of these accounts?

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How to Buy & Sell Collectibles – Become a Successful Collector with Your Collecting Hobby

Classic antique collection.I love strange objects. The weirder the better as far as I’m concerned. Which is why I was almost giddy when I stumbled upon a Discovery Channel show called Oddities. If you’ve never seen it, Oddities profiles a couple who own a store in New York called Obscura which specializes in strange, rare, and downright crazy collectibles. The search for new inventory takes the shop’s owners and employees into the homes of other like-minded collectors, which is always fascinating.

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Teaching Kids About Money Management – 4 Subtle Money Lessons My Parents Taught Me

Parents teach even when they are not aware.If you have children under the age of about 14, sitting them down to have an educational conversation about money management is about as useful as putting wet wood in the fireplace. If you have ever tried, you know that the most effective way to teach your children about money is to do so by example. You have to exercise restraint with purchases, explain how and why money works, why people work, how to use money as a tool, and about 500 other things to get even half of the information to stick.

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What is iTunes U? Free College Courses From Top Universities

itunes uI don’t know about you, but I’m a big time trivia nerd. I suppose that comes from my dad, who has been playing trivia with his buddies for as long as I can remember.

Because of my quest for knowledge, I am always looking for ways to educate myself, whether it’s through traditional methods like going to college and reading books or more random ways like perusing the back of a cereal box at breakfast. Formal schooling is great for conventional learning, especially if you’re looking to find a job in one of the best career fields for the future, but education programs and books (even used college text books) can get very pricey.

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What Hurts and Affects Your Credit Score? 8 Factors & Financial Errors to Fix

poor credit scoreYour credit score is the most important factor in determining your interest rates and creditworthiness. The better your credit score, the less interest you will pay on loans and credit lines throughout your life. Having a good credit score can mean potentially hundreds of thousands of dollars in savings on interest payments throughout your life.

The problem is, the three major credit monitoring companies who determine your score (Equifax, Experian, TransUnion) arrive at that important number via an increasingly complex series of algorithms and other factors. If you can figure out exactly how the FICO score is determined, good for you. You are probably the smartest person in the world. For the rest of you, myFICO is a good resource to learn more and figure out what your credit score is.

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Costs & Profit Margins for the 3 Hottest Electronics & Gadget Gifts This Holiday Season

Hot holiday gadgets and what we pay for them.For better or for worse, electronics have pretty much taken over our lives. If you are not staring at a computer screen, you have your face buried in your phone. If not there, you’re staring at the TV. Whether your vice is movies, video games, computers, or smart phones, gadgets are a source of distraction, if not obsession. In fact, some would say that we’re addicted to consumer electronics.

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5 Easy DIY Projects To Budget And Save Money

No need to be afraid to try DIY repairsTrust me when I say that I am not a technically inclined person. I’m not one of those guys who has a talent for taking things apart and putting them back together. Some people have it naturally, and for that, I’m jealous. But I am not completely inept. And since I know I can save money with DIY projects, I’ve pushed myself to find ones that I can handle. Here are 5 DIY projects that I have successfully completed with positive results. If I can do it, I promise you can too:

1. Computer Repairs and Upgrades

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5 Risky Schemes You Should Avoid When Managing Your Money

Figuratively or literally, do not gamble with your money.I’m not going to lie. I love games. I do a crossword puzzle nearly every day. If I find myself at, I have to pry myself away. I think games are great for everyone.

Unfortunately, this mindset doesn’t apply to all games, specifically “money games.” Despite my love of games, there are plenty of games people play with their money that I would not dare. Some would call them “investments.” Others would call them “savings strategies.”

Though some of these are up for debate, and you may not agree with all of them, these are five games I would never play with my money:

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The Best Free Online College Courses

Textbook with computer mouse.Obtaining a college education is a highly sought-after achievement. Attending a college or university affords us the opportunity to expand our network and learn in great depth about almost any subject. While many students seek degrees for their studies, others may want to take a course just for fun or to advance their career where a degree is not necessary. In these cases, there are some great substitutes for your traditional, brick-and-mortar colleges. With the ever-expanding amount of information available online and the growing importance of a college education, a new wave of learning has arrived in the form of free web-based classes.

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How To Make A Large Personalized Piggy Bank With Your Children To Teach Them About Saving

Teach Kids about Saving with Piggy BanksTeaching children not only how to save money every month,but also the importance of doing so is difficult for many parents, especially those who have issues with money themselves. Ultimately, your children will likely mirror your actions and habits when it comes to money management. This can be a good thing or a bad thing, depending on your current and future financial actions. Teaching smart saving and spending habits to your children early drastically increases their chances of becoming financially independent in adulthood.

Piggy Banks Can Make Saving Fun

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