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Passive vs. active income: Understand the difference and why you need both

While active income is earned in exchange for your time, passive income is earned from owning income-generating assets. Having both is a great way to build wealth, but many income sources widely thought of as ‘passive’ might actually take a considerable amount of effort to get off the ground.

How much do financial advisors cost?

Financial advisor fees can range from a small percentage of your portfolio to several thousand dollars per year, depending on what kind of services you need and how much you’re planning to invest. Alternately, robo-advisors are a cheaper option that automate your investments using an algorithm, based on your risk profile.

How to pick a health savings account

A Health Savings Account can help you cover out-of-pocket healthcare costs if you have a high-deductible plan. Learn how to choose the best HSA for your needs.