by Sarah Tenhundfeld | Aug 24, 2022 | Money Basics
Personal finance is a big world of gray. Some decisions don’t mathematically make sense on paper, but we do them anyway. Sometimes it’s unknowingly and other times it’s because we think either we know what’s going to happen in the future, or maybe we think we’re being...
by Sarah Tenhundfeld | Jul 20, 2022 | Interest Rates, Investing & Markets
The Federal Reserve, or ‘the Fed’, sets the Federal Funds Rate through monetary policy. This is the rate that banks charge when they lend each other cash overnight. The Fed Funds Rate might seem like just another thing that only exists in the world of centralized...
by Sarah Tenhundfeld | Jun 8, 2022 | Investing & Markets
There’s so much that is out of our control at any given moment and what we are living through today is no exception. Investors and consumers alike are worried about a number of things: gas prices, supply chain issues, inflation, the war in Ukraine, rising interest...
by Sarah Tenhundfeld | May 4, 2022 | Financial Education, Retirement
Required Minimum Distributions, or RMDs, are distributions that must be made from a retirement account once the account holder reaches a certain age. One of the reasons the RMD exists is to force money that was originally tax-deferred to go through the tax system....
by Sarah Tenhundfeld | Mar 30, 2022 | College Planning
Shortly after my daughter was born, I opened a direct* 529 account for her through Ohio College Advantage. The entire process, not including the time it took to review the investment options, took about ten minutes. The most time-consuming part of the process was...
