There’s a thief robbing us of our money. This sneaky thief has been taking our money for years without us even knowing it. They’re taking one dollar at a time and we’re more than happy to give it to them. This thief knows our every move and takes advantage of our busy lives and tendency to fall into comfortable habits. What I’m talking about is the thief inside all of us, and it’s called mindless spending.
Let me start out this post by posing a question. If you were running late for your flight and needed a quick ride to the airport, who would you rather have pick you up?
Driver who has 20 years of experience, clean driving record, and reliable track record. They drive a 10-year-old used four door sedan.
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
In personal finance, one of the most talked about ways to save money is by budgeting. For most, a budget means allocating a set amount of money and staying under that for the week or month. In this post, I am going to write about what might seem like a foreign concept—that budgeting might actually cost you money.
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.
In personal finance, it’s easy to play not to lose. Ending each month breaking even or a little bit ahead can feel like a win because nothing “bad” happened financially. There’s an illusion that as long as we’re paying our bills and staying out of debt, everything is fine.
The word “investing” has a lot of different connotations for people. Some think of investing as only for the wealthy. That’s actually myth number three in my long-form blog post, Top 12 Money Myths You Should Ignore. Others think of investing as sacrificing now for the reward of a far off distant land called retirement. Invest now so you can benefit in 40 years.
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.
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.
“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
