What is the FIRE Movement?
Over the past few years the FIRE movement has started to gain more traction in the mainstream media. No, not a fire that burns and creates smoke, but FIRE as in Financial Independence Retire Early.
Over the past few years the FIRE movement has started to gain more traction in the mainstream media. No, not a fire that burns and creates smoke, but FIRE as in Financial Independence Retire Early.
Last night my two-year old daughter got into one of those moods that only two-year olds can get into where they insist on doing something. Anyone that’s had a two-year old knows what I’m talking about. What she wanted to do last night was to pour a small cup of milk into her bottle she drinks before bed.
There is a lot of bad financial information out there. Whether it’s from a clickbait ad, a neighbor with hot stock tips, a headline grabbing article, or well-meaning family members—bad information is all around us. With bad information comes money myths. These are my top 12 money myths.
We all know the obvious things money can buy. Food, shelter, transportation, consumer goods, among other things. But what about the less obvious? These are five not so obvious things money can buy.
Education is everywhere. There is formal education like college and graduate school, vocational schools, personal growth books, courses, seminars, and much more. There are so many choices—it can be confusing and overwhelming. Many people end up going to college but then stop their education after that.
My wife and I took our two daughters to get burgers and ice cream at the mall on a Friday evening. With restaurants being closed on and off over the past year, we haven’t been out to eat as much as we used to. Not that we used to eat out all the time, but we’d go out to eat once every week or two.
Money is the number one thing couples argue about according to this article in Business Insider. It’s also frequently cited as one of the top causes of divorce. It’s not money that is necessarily the problem—it’s the way we talk, think, and communicate about money.
You really like your job and don’t want to leave. You’re intelligent, motivated, good with people, and have a lot of job skills most employers covet. Problem is, your current position does not pay what you could be making with your skill set.
Alex is in his late twenties working for a marketing firm. Last year he made a little over 55,000 dollars, an increase of $7,000 from the year before. He hopes to make over 60,000 dollars this year after bonuses. Alex dutifully goes to work every morning and consistently gets good performance reviews.
Sounds counterintuitive, but sometimes it can actually be good to increase your spending. This seems like a strange concept and may seem contrary to what you’ve learned about personal finance.
There are many ways to become successful with money. One of the best ways is to de-risk your money. What Does De-Risk Your Money
Should you open up a 529 plan? This is a common question in personal finance. I don’t think there’s a black and white answer but
With the market volatility over the past couple months, worries of a recession have surfaced. Per this article in Reuters, JP Morgan research puts the
Politics aside, there’s no debating we’re in a changing economy. Whether you are bullish or bearish is a topic for another post. Specific and