How to open a Roth IRA

My good friend Kimberlyn and I were talking about personal finance at a party (what else? I am a really fun party guest). Kimberlyn told me that when she was in college she had a professor who told everyone they should open up a Roth IRA immediately. Kimberlyn’s amazing response? I couldn’t even afford crackers,…

The Power of Compound Interest

A reminder to my readers: Compound interest is truly amazing. Compound interest is when your interest starts earning interest, and your investments grow like crazy! In case you didn’t believe me the first time I wrote about it, here is a visual from my investments. Since March of 2010, I have been investing $50 a month…