Living for today - Planning for Tomorrow
You come across an extra $5,000. You’re not interested in spending it or investing it for the long term. You already have an emergency fund and you just want to know – how can I use this to make more money? That was a question a family member asked me recently. He had received a small inheritance and wanted to know what I would do
Common knowledge says it’s super expensive to raise a kid. I happen to believe it’s only as expensive as you want it to be. Sure you can send your children to Ivy League preschool, buy them every toy their heart desires, deck out their closets with brand name clothes, and sign them up for every activity possible, but that’s unnecessary. It’s entirely possible to raise
Personal finances really come down to a simple set of principles. However, all of the conflicting information can make your head want to explode. One person says the road to wealth is buying real estate. The next person says real estate is the worst investment you’ll ever make. Another source tells you that traveling is a huge waste of money. But wait……..that other persons says
Three years ago I prided myself on spending only $200 per month on groceries for me and my two daughters. I was in a stage of life where I needed to keep my expenses low and I certainly did just that. Fast forward to today and my grocery budget is close to $650 per month, if not more. That kind of stings when I type
Fall is almost here! I don’t know about you but this is my favorite time of the year. I love the weather. I love being able to wear a sweater and feel just right. I love the leaves falling from the trees. But most of all, I love the activities that I can do with my kids. Here’s a list of seven low cost fall
One week from today I’ll turn 29! I thought it would be nice to celebrate my last year as a twenty something by reviewing the most powerful financial lessons I’ve learned in the last decade. # 1 – You Can Do Anything You Put Your Mind To This lesson can be applied to life in general but for me it had a huge impact on
It is possible to start investing even when you’re on a low income. In fact, it’s more than possible – it’s a good idea. If you slowly start investing you’ll learn what to do and, more importantly, what not to do, without risking a ton of money. I got started when I was making very little and have since gradually been increasing those amounts. Here’s
Drowning in debt is an extremely stressful situation – especially if what you owe is more than what you earn each month. You will feel this burden day in and day out. While paying for your regular bills, you also have to make sure that your debts are paid off in a timely manner. Aside from this, you also need to put aside some extra
Over the past several years I’ve made a ton of short term sacrifices so I that I could create the life I wanted to be living. I was recently thinking about how the line items in my budget are way different now than what they are three years ago. And I realized – my sacrifices are starting to pay off! I am all for practicing
I firmly believe that post people know that “how’s” or personal finance and just don’t have a strong enough “why.” However, with so much information available people can also get bogged down in the “how’s” looking to take too many paths. If you’re someone who is just starting from scratch these are the most basic things you should know about money. Once you learn these
