President Obama offered details on a new retirement savings account, the “myRA”.  Here’s what you need to know (via WSJ.com):

  1. The accounts would be aimed at workers whose employers do not offer traditional retirement accounts like 401(k)s.
  2. The accounts would function like a Roth IRA and have government backing like a savings bond. This would give the investments principal protection, meaning the account balance cannot go down.
  3. There will be an initial pilot program for companies that agree to enroll by the end of this year. Workers can invest if they make less than $191,000 a year.
  4. Businesses will not administer or run the accounts. They will simply offer them to their employees if they decide to participate.
  5. There will not be a tax penalty if the investments are withdrawn.
  6. Initial investments could begin at $25, and subsequent investments could be as low as $5. The idea is to have investments added through payroll deductions.
  7. Accounts can be taken by the employee from one job to the next, and they can be rolled into an Individual Retirement Account at any time.
  8. The accounts would have the same variable interest rate return as the Thrift Savings Plan Government Securities Investment Fund accounts that federal employees enroll in.
  9. Once someone’s account grows to $15,000, the myRA must be rolled over into a private-sector Roth IRA.

A North Carolina university student faces charges of possessing almost $13,000 in fake money in her room after she tried to use a counterfeit $100 bill signed “Moe Money,” investigators say.

If you look closely, you’ll notice that it says “Proprietor of the Counterfeiting” under the signature.
Read more here: http://www.newsobserver.com/2014/01/23/3557710/fake-100-bill-signed-moe-money.html#storylink=cpy

A North Carolina university student faces charges of possessing almost $13,000 in fake money in her room after she tried to use a counterfeit $100 bill signed “Moe Money,” investigators say.

If you look closely, you’ll notice that it says “Proprietor of the Counterfeiting” under the signature.


Read more here: http://www.newsobserver.com/2014/01/23/3557710/fake-100-bill-signed-moe-money.html#storylink=cpy

Book Review: Call of the American Wild by Guy Grieve
I love a story about someone that gets fed up with their current situation in life and makes a point to do something drastic to change it.  That’s exactly what Guy Grieve decided to do when he found himself drowning in debt and stuck in a job that didn’t fulfill him.
What followed was a a decision to move to Alaska for a year and survive in the wilderness by building himself a cabin.  It’s a fantastic and heartwarming story full of adventure, and I highly recommend you pick up a copy.
The reason I wanted to share this book in particular with you is that there are several great lessons about how to make a change in your life. Although Grieve took several risks in the wilderness, he was nothing but prudent as he separated himself from his old life. First of all, he found a way to keep an income BEFORE he left by working out a deal with his boss. Second, he swallowed his pride reached out to others in Alaska for advice BEFORE he left. He relied on their expertise to help him succeed. Lastly, when he returned, he made sure to not fall back into his old way of life. He started his own business, The Ethical Shellfish Company, and now spends his days diving off the coast of the Isle of Mull in Scotland.
So, check out the book, and be sure to follow @guygrieve on Twitter, too.

Book Review: Call of the American Wild by Guy Grieve

I love a story about someone that gets fed up with their current situation in life and makes a point to do something drastic to change it.  That’s exactly what Guy Grieve decided to do when he found himself drowning in debt and stuck in a job that didn’t fulfill him.

What followed was a a decision to move to Alaska for a year and survive in the wilderness by building himself a cabin.  It’s a fantastic and heartwarming story full of adventure, and I highly recommend you pick up a copy.

The reason I wanted to share this book in particular with you is that there are several great lessons about how to make a change in your life. Although Grieve took several risks in the wilderness, he was nothing but prudent as he separated himself from his old life. First of all, he found a way to keep an income BEFORE he left by working out a deal with his boss. Second, he swallowed his pride reached out to others in Alaska for advice BEFORE he left. He relied on their expertise to help him succeed. Lastly, when he returned, he made sure to not fall back into his old way of life. He started his own business, The Ethical Shellfish Company, and now spends his days diving off the coast of the Isle of Mull in Scotland.

So, check out the book, and be sure to follow @guygrieve on Twitter, too.