Today I want to start with a question. What is one of the most universally advised practices that so few people actually do? Think for a minute. Budgeting. Nearly every living person recognizes the value in creating a budget. Everyone knows how important they are to saving money. Retirement experts, financial advisors, and money bloggers all hype up the value in … [Read more...] about The 50/30/20 Rule: Is it the Best Budget for you?
Think Smarter About Money
There’s an old approach to handling work-life balance called the “Four Burners Theory.” The idea is simple. We all have four burners that we can devote our time, energy, and resources into: Family Friends Work Health But here’s the problem… We all have limited time available to pursue these important aspects of life. We’re stretched thin trying to do … [Read more...] about The 5 Burners of Personal Finance & Chasing Financial Goals
“Back in my day it was a shameful thing to be dependent on the government. If you were a man, you’d do whatever you could to provide for yourself and your family.”--My Dad. My dad is a staunch conservative and was #TeamMAGA from day one. I’m actually about 99% sure that my dad voted for Donald Trump in the GOP primary. Why? I don’t know. Actually I do, my dad wanted … [Read more...] about Living on Full Disability: 4 Life Lessons Learned From My Neighbor
When it comes to money, most people are fragile, scared, and don’t know what they’re doing. Think about it… In 2017 the average savings rate of Americans was 2.8% of income, the lowest that has been recorded. A study by the Federal Reserve showed that 50% of Americans couldn’t come up with $400 in case of an emergency. 78 % of people are going through life … [Read more...] about 3 Tiers of Financial Resiliency: How to Create a Shock-proof Life
Most people spend their entire year looking forward to the Christmas season! Getting together with family, eating great food, and celebrating the birth of Christ. Oh and one more thing! Presents. That’s when the anxiety starts to hit. You start to ask yourself, “How am I going to pay for all these gifts?” You realize that you should have planned ahead, setting … [Read more...] about What is a Sinking Fund? The Key to Smart Budgeting