Napkin Finance

Everything you need to know about money in 30 seconds or less.

[Napkin Finance @napkinfinance]

Huge news!!! 🎉 we are featured in the @nytimes! “The best personal finance primer I have read in years.” Thank you 🙏🏼
https://t.co/hx7oE5LkCU

[Napkin Finance @napkinfinance]

Should you buy or lease a car? Find out at https://t.co/irK2ZSPbxo

#napkinfinance #buyingacar

[Napkin Finance @napkinfinance]

#Insurance makes up your safety net so that any number of potential disasters—such as an accident, illness, fire in your home, or death in your family—don’t wreck your #financial security. Understand insurance at https://t.co/voneRx6Bnm

#napkinfinance #insuracecoverage

[Napkin Finance @napkinfinance]

Looking for a fun and educational activity for your kids this summer? Try out some of these financial challenges. Print the full version from our website: https://t.co/y3zHGOHDky

#napkinfinance #financialeducation

[Napkin Finance @napkinfinance]

Take the free Napkin Finance #Crypto 101 course and learn what is #cryptocurrency and how to buy it, all about #blockchain, and the pros and cons cryptocurrency as a form of #investment. https://t.co/TmSECAfGXs

#napkinfinance #investmentstrategies #financialeducation

[Napkin Finance @napkinfinance]

Check out Napkin Finance Build Your Wealth in 30 Seconds or Less, named one of the top 25 best personal finance books by @thepennyhoarder! https://t.co/7iKsVlBQJY

[Napkin Finance @napkinfinance]

Paying down #debt can help you reduce stress and free up cash to put toward your #financialgoals. Click to read more on the Avalanche and Snowball methods for paying down debt: https://t.co/Fwn6jjTdrP

#napkinfinance #financeadvice

[Napkin Finance @napkinfinance]

When considering your options for #retirement savings, be sure to consider a #RothIRA! It's funded with after-tax money, which could save you money in the long run. Learn more at https://t.co/yZUA9GeTq8

#napkinfinance #financialplanning

[Napkin Finance @napkinfinance]

Rolling over funds from your 529 to your IRA must meet current annual contribution requirements. The current maximum IRA contribution is $6,500 per year, so it would take you just over 5 years to roll over the full amount.

#napkinfinance #collegesavings #retirement

[Napkin Finance @napkinfinance]

📣 NEW UPDATES on #529 Plans due to the Secure Act 2.0 [a thread]

[Napkin Finance @napkinfinance]

The Secure Act 2.0 has changed the rules for 529 plans. Starting in 2024, beneficiaries with a 529 account that have been open more than 15 years can begin to roll up to $35,000 into a Roth IRA in their own name.

[Napkin Finance @napkinfinance]

No matter your financial circumstances, managing your money can feel stressful, but it doesn’t have to be. 💸 Learn to take control of your money in our FREE Money 101 course: https://t.co/Xg39qvfRph

#napkinfinance #moneyhabits #moneymindset

[Napkin Finance @napkinfinance]

Download our budget worksheet here: https://t.co/MgvsIt0hdY

#napkinfinance #sticktoabudget

[Napkin Finance @napkinfinance]

Creating a #budget, but not sure where to start? Try using the 50/20/30 rule!

50% of spending goes to essentials (food, housing, medical)
20% goes to financial goals (retirement, savings)
30% is discretionary (shopping, vacation, out to eat)

[Napkin Finance @napkinfinance]

@Nely_Galan Get your copy of Napkin Finance, the book, at https://t.co/iGbaaf0EMm

[Napkin Finance @napkinfinance]

"I love Napkin Finance! It is the easiest way to become financially literate. Every family should have a copy and play a weekly 'Napkin Night.' How could money be this simple and fun?" - @Nely_Galan (NY Times Best Selling Author of Self-Made)

[Napkin Finance @napkinfinance]

#DYK that there are 6 common types of auto insurance coverage? 🤯 

Learn how to buy car insurance like a pro to ensure you're getting the coverage you need while getting a good deal at https://t.co/bVfpcxx0Ap

#napkinfinance #insurancepolicy #insurancecoverage

[Napkin Finance @napkinfinance]

Having good #credit ensures you can access the resources you need on better terms, and we're here to help you build a good credit score!

Find our credit quizzes, courses, and other resources at https://t.co/G0bEsbw2Dn

#napkinfinance #creditscore #buildingcredit

[Napkin Finance @napkinfinance]

5️⃣ Make your first deposit. You can set up automatic recurring deposits, or manually add additional funds when available.

[Napkin Finance @napkinfinance]

Anyone can open a #529 tax-advantaged #collegesavings account, here's how: [thread]

[Napkin Finance @napkinfinance]

4️⃣ Pick your investments. You can change how the money in the account is invested, but only twice a year.