Ok, so you did it. You made a bad financial choice. By “bad”, I mean something that doesn’t align with your goals and values. Something you wish you didn’t do.
It hasn’t been uncommon over the years for stories to come out about people moving to less expensive areas of the country. Those stories usually involve someone from California or New York moving to a much less expensive part of the country, tripling the square footage of their house, while paying a quarter of the price.
About 15 years ago I took a big risk. I left a really comfortable life to pursue a bigger dream. I had a job I liked and was good at, a decent amount of time for leisure, and enough money to get by.
We all need to take a break and have fun now and then. Some call it a vacation, others call it a trip, travel, or holiday. Whatever you call it, we all need to hit the pause button on daily life and get away now and then.
Personal finance is often made into a complicated topic. Gurus try to sell you their products promising riches if you just follow their system. One “money expert” says you’ve got to do this while the other expert says do that. Inundated with information, many people get overwhelmed, say they’re “no good with money”, and give up.
I’ve noticed something in my neighborhood and other areas of town in the past week that I’ve never seen before. Today is November 16th, and there are Christmas decorations already up. Not just a house or two, but several houses.
I used to finance cars. I thought that’s what you did with cars, so I followed along. I really didn’t think twice about it to be honest. I’ve changed my way of thinking over the years though.
I was talking with a friend of a friend a few weeks ago. He and his wife both work good jobs and make a decent salary. They’ve got a couple young kids not quite school age yet. Let’s call them Sam and Trisha.
Most people equate shopping to buying things like clothes, cars, and electronics. It’s exciting, fun, and cool. When people think of saving and investing, words and phrases like “boring”, “long term future”, and “I’m becoming my parents” comes to mind. The future seems so far away, while buying cool stuff is right now.
I read an article this week about a young guy who became a millionaire only a few short years after being broke. He was disciplined, worked hard, and spent wisely. He focused on reducing his spending and finding ways to make more money. It was a great story of how fast someone can turn around their financial well-being.
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
