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Invest It Wisely

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401k Loan or Withdrawal? The Pros and Cons

By Guest

Times have been tough in the past few years. Unemployment has been high, home prices have fallen, and it has been harder to qualify for loans with reasonable interest rates. If you have high interest credit card debt, need to cover a major medical expense, or make a large purchase, using money in your 401k… [Read More]

Filed Under: Financial Freedom, Growing Your Wealth, Saving Your Money Tagged With: 401k, Constitution Avenue, Internal Revenue Service, IRS, Loan, retirement, unemployment, Wikipedia

How Much Do You Pay in Payroll and Income Taxes? Here’s an Overview of Canada’s Income and Payroll Taxes for 2012, by Province

By Kevin

I’m going to have to pay myself a salary soon, and I’ve been learning a lot about the different taxes that one has to pay, both on the employer and the employee side of the equation! Canada has always been known for having a relatively high level of taxation, but as I’ll soon show you,… [Read More]

Filed Under: Economics, General Reviews, Miscellaneous, Saving Your Money Tagged With: Canada, Employment, Ontario, Payroll, Payroll tax, Quebec, tax, Unemployment benefits

How to Crack the Financial Code: Why Disabled or Older People Struggle to Go Compare

By Kevin

The following is a guest post by FINCAR. Did you know that the Disability Rights Commission published a report in 2004, which demonstrated that a staggering 81% of websites that they looked at were inaccessible to disabled people? That was thirteen years ago and yet recent findings make disappointing reading. Despite the change to the… [Read More]

Filed Under: Opinion, Saving Your Money Tagged With: Disability, Disability Rights Commission, Equality Act, Equality Act 2010, Price comparison service

Freelancing Revenue Report: My First Three Months in the Trenches

By Kevin

Chart of gross revenue and my monthly nut

I’m now in my fifth month of entrepreneurship, and things are going well so far. I’m really happy with some areas, and not too happy with some other areas. Well, life is a learning experience, right? First, a summary of what I’m happy with, and where I need to improve things: The good stuff I’m… [Read More]

Filed Under: Growing Your Wealth, Miscellaneous, Motivation, Opinion, Philosophy, Saving Your Money, Stories Tagged With: Android, Canada, entrepreneurship, Google, revenue

Living to 100 and Beyond: Building an Infinite Portfolio

By Kevin

This is the fourth and final post in a series of articles on living to 100 and beyond. This post was originally published on June 12, 2010. Traditional retirement planning is made with one main assumption in mind: after you retire, you will only live a couple of decades at most, and you will be… [Read More]

Filed Under: Growing Your Wealth, Investing Tagged With: beating the index, bonds, index funds, inflation, lifestyle, planning, rat race, retirement, riches, savings, stocks, wealth, Yakezie

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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