Category Archives for "Personal Finance"

Mar 25

How to manage your 401(k)

By Scot Herrick | Personal Finance

For most people, a 401(k) is an excellent financial tool which helps them save for retirement without having to pay taxes on either their contributions or their investment gains. While investing in a 401(k) is an excellent idea and an efficient way to build long term wealth, not properly managing the account can be devastating […]

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Jun 17

How personal finance is career management

By Scot Herrick | Personal Finance

When CIO’s start getting articles about personal finance — the basics, not the fancy investments — you know that personal finance has come to career management. Here’s the basic thrust of Where Personal Finance and Career Management Meet: Good career management stems from a foundation of good financial management. Career freedom and financial freedom begin […]

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Mar 31

Your personal finance safety net

By Scot Herrick | Personal Finance

When dealing with your personal finances, I’ve long recommended saving one year’s take-home pay. I have seen few personal financial advisers favor that amount of savings; most say an emergency fund typically three to six months long. That’s hard enough to do, I understand. But Cubicle Warriors take the challenge and get the savings out […]

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Mar 11

Manage your 401(k) in cash

By Scot Herrick | Personal Finance

Part of managing your career is managing your 401(k). Right now, your 401(k) is looking ugly. Should you stop contributing to your 401(k)? Here are three reasons to keep contributing – and one reason you might stop. 401(k) has company match Without going crazy on percentages, if your company is contributing a company match to […]

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