Kid’s Roth IRA | Can Teens and Kids Open A Roth?

In my post on using a Roth IRA to fund kids college, I noticed that a lot of my search traffic was actually wanting to know if the kids could open a Roth IRA - not the parents opening a Roth IRA for kids’ college.  To set things straight, I want to have a post that actually answers the question many folks seem to be asking. On Thursdays I usually answer a reader’s questions (if you have a … [Read more...]

Solution to Poverty? Is it Money?

For the last three years I have been living in Papua New Guinea (PNG).  Here are some quick facts to familiarize you with the economic condition there.  The remainder of this post focuses specifically on issues of the poor related to third world countries like PNG. 85% of PNG citizens are sustenance farmers.  This means they live off of what they grow in their gardens. The majority of homes … [Read more...]