Hello, My name is JAYME.

I listen to Clark Howard frequently, so I went with his advice and opened a Vanguard Star Roth-IRA account. You need a minimum of $1000 to open an account and can contribute a maximum of $4000 per year, so I figured it was a good fit since I’m so rich (please). As an investor I can contribute after-tax dollars. The gains made in the duration of the Roth-IRA will never be taxed once you retire. Its close relative, the Traditional IRA is the opposite. You will receive a tax break on the funds contributed to the IRA, but every penny you gain during the tenure of the IRA will be taxed when you extract those funds for retirement. So if you’re looking a good way to start investing for your future, you should try out the Roth.

There is always curiosity when it comes to knowing what may hurt your credit score. One of the few that may be overlooked and is rarely talked about is having store credit cards that you never use. Store promoted cards such as those you find at your local home improvement warehouse or a retail clothing store are nice if you actually use them and pay them off. They become trouble unknowingly when you neglect to use them. If you haven’t used those types of cards within 2 years, it’s best to close them out.