401k

2020 was the year that I really started taking personal finance seriously. I went through a lot of life changes in a short amount of time, and I wanted to make sure that I was making the best decisions possible with my money.

I read Ramit Sethi’s book I Will Teach You To Be Rich and immediately became a personal finance nerd. Once I knew about 401ks and Roth IRAs, I realized that I had $8,461.02 in old employer 401ks that was just sitting there. I researched all of my options thoroughly and decided to roll over the money into my Roth IRA, despite the fact that I would have to pay $1,861.42 in taxes because of it.