Financial Health

Invest in mutual funds instead of individual stocks

Invest through index funds with low expense ratios (<0.25%)

• Some reputable providers include Vanguard and Fidelity

  • Vanguard 500 Index Fund Admiral Shares (VFIAX)

  • Fidelity 500 Index Fund (FXAIX)

Retirement Accounts

• Traditional v. Roth

  • Traditional - defer tax to when you withdraw funds in retirement

  • Roth - pay tax now, growth is tax-free

• Types

  • 401(k)/403(b) - offered by your job

  • Individual Retirement Account (IRA)

Personal

• Budget

• Income (Profit & Loss ("P&L") Statement

• Balance Sheet

ETFs

Student Loans

Taxes