How to Automate Your Money
The majority of people pay their bills first and then save or invest what’s left over at the end of the month. I used to
The majority of people pay their bills first and then save or invest what’s left over at the end of the month. I used to
Most of us have heard the advice: start investing early and make your money work for you. Which is very solid advice–and advice I would
Financial independence is often talked about, not always understood. It’s called a variety of things–financially independent, retired, financially secure, etc. To keep things uncomplicated (kind
You struggled for years with money like I did and have decided to turn around your situation. Great first step! You’re reading the personal finance classics like The Millionaire Next Door, The Richest Man in Babylon, Rich Dad Poor Dad, and the Total Money Makeover. Maybe you’ve even read my book Cash Uncomplicated.
There’s a misconception that saving money is boring and that savers are missing out on a lot of fun. Spending money on trips and fast cars is seen as exciting while saving is seen as well, not so exciting. Boring even. In a vacuum, I guess there’s something to this. But in real life, you can do both.
One of the most common objections I hear about investing is where the money is going to come from to invest. With so many people living paycheck to paycheck, it’s not so easy to find 10 percent or more to invest. But it can be done. Here are five places to start.
Related: 6 Ways to Rapidly Increase Your Investment Contributions
Mark Twain wrote “I’ve had a lot of worries in my life, most of which never happened.” I’m not sure why people worry so much, but we do. I say “we” because I’m certainly not innocent of this either. And just like the Mark Twain quote, most of it has never happened.
Automating your savings and investments is one of the most important financial principles in personal finance. Automation takes away the decision process and literally makes it an automatic thing every month. Automation sets you up on the fast track to pay yourself first, another one of the most important financial principles to build long term wealth.
Those of us who watch sports know are a lot of clichés. If you listen to an athlete interviewed before or after a game, you’ll hear a lot of the same things: “We’re taking it one game at a time.” “I’m just going pitch by pitch.” “We have to execute and play our game.”
For several years now, I’ve had a slogan of sorts. “Win the Month.” In this article, I’ll be applying it to personal finances, but it translates to almost any area of life.
A week or two ago I was reading a post about retirees and their biggest regrets. One of the regrets was not investing enough and
Most people would agree that working hard is generally good. There are a lot of advantages to working hard including getting ahead, putting yourself in
The election has come and gone. In fact, we’re almost a month out. Even before the election, and any election, I had my plan already
We can’t bottle up time or save it in a capsule. Our bodies change, the kids get older, and life in general changes. There are