We hear the message all the time—save money. Although that message is frequently given, there’s rarely a reason or a why given behind it. For some people, it may be obvious why they are saving, but for others, not so obvious. A couple in their mid-30’s with a family of four has different reasons for saving than a 22-year old fresh out of college.
A couple weeks ago my wife called me on a late Friday afternoon to tell me the warning lights on the car dashboard were red. I don’t know much about cars, but I know that’s not good. Unfortunately, she wasn’t just down the street or a few minutes away where she could quickly drive to a local mechanic and meet me there. She was about two and a half hours away in a town called Valencia.
Personal finance can be like a rollercoaster. Money left over in the checking account one month, an onslaught of unexpected expenses the next month. 3 or 4 good months in a row followed by 1 or 2 not so good months. This is completely normal.
One of the most common personal finance questions I hear is how much should you have in your emergency account. So many of the “experts” give different answers. 3-6 months, $3,000-$5,000, 9 months, one-year minimum, two years. The answers are all over the place—it can be seriously confusing.
“If only I had invested in Amazon, Apple, or Nvidia 15 years ago” or “I knew I should have bought that property 20 years ago
Improving your money habits and systems is the best way to get ahead financially. Set up systems and follow them on a predictable basis. Sounds
Most people want answers. We want money advice to be universal and easily applied. If a billionaire or influencer does this or uses that strategy,
Debt is a tool. Ever heard this? Lots of personal finance experts have made this statement, but it kind of stops at that—leaving many wondering
