Newsletter Archive

Marotta On Money - July 23 Newsletter

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Youth and Finances

Fund a Teenager's Million-Dollar Retirement (07-23-2012)

We teach teenagers a lot more about sexuality than we do about money. This can confuse them about what they should be learning. Give this article to a teenager and encourage him or her to start a Roth IRA. For a $4,300 gift spread out over the next seven years plus a little work on the teenager's part, you can fund a teenage child or grandchild's million-dollar retirement. Here's how it's done. Teenagers can contribute to a Roth IRA to the extent they have earned income. Getting earned income does require some work on their part.
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Upcoming Events

08/01

Virginia's Sales Tax Holiday: School Supplies and Clothing.

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08/15

Avoid College Credit Card Offers

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In The News

Radio: What Power is the Most Dangerous?

David John Marotta appeared recently on 1070 WINA's Schilling Show discussing power--particularly government power--and what kind is the most dangerous.

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University Students: Getting Suckered in with Credit Cards (08-27-2007)

Every University student knows they should have a credit card. You have to have a second form of ID on many financial transactions. You have to have one to establish good credit. And, the more you use them, the more you will accrue bonus points toward cash, mileage credits and various "free gifts". P. T. Barnum said, "There’s a sucker born every minute. " But it doesn't have to be you. About half of first year University students have at least one credit card. By the second year they nearly all do.
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Loans and Debt