In the last post, I covered how fees can eat into your returns, especially over the long-term. Today, I’ll cover contributions to retirement accounts. With retirement savings, we have to dig a little deeper because of the different options […]
One Easy Way To Give Yourself THOUSANDS More In Retirement
How much are you paying in fees on your investments? “Well, I don’t know.” This is probably the answer most of you would give if I asked you the question above. If you do nothing else with your investments and […]
Where Should You Save?
In Step 5 of the ‘Rat Race Off Ramp’, I wrote about how to ‘Ramp Up Your Savings’. Today, I’ll go over where those savings should go. For the most part, where you save and invest comes down to when […]
Step 6: Review Your ‘Race’ Status
Updated: May 2021 We’ve completed the first five steps of the ‘Rat Race Off Ramp’. Now, we are on to the final step: Step 6: Review Your ‘Race’ Status. Building wealth and achieving financial freedom is a lifelong endeavor, and […]
Step 5: Ramp Up Your Savings
Updated: May 2021 Once you tackle your debt and have it under control, you can start taking leaps forward towards your ‘Off Ramp’. Ramping up your savings will allow you to accelerate towards your financial goals, increase your net worth, […]
Step 4: Tackle Your Debt
Updated: May 18, 2021 Today will likely be almost everyone’s least favorite topic on personal finance, but it is vitally important to discuss and manage. We’ve covered goals, net worth, income, and expenses. Today is the day we will discuss […]
Step 3: Dive Into Your Income & Spending
Updated: May 7, 2021 Now that you have set your goals and figured out your current net worth, you’re ready and waiting at the starting line of this race. Let’s start moving forward to figure out how to get to […]
Step 2: Your Financial Snapshot
Updated May 1, 2021 One you’ve set your financial goals, you can move onto Step 2 of the Rat Race Off Ramp: Your Financial Snapshot. If you need to catch up, take a look at the overview for the 6 […]
Step 1: Set YOUR Goals
Updated April 24, 2021 In my last post, I updated and shared an overview of the “Six Steps of the Rat Race Off Ramp.” Today we’ll start taking a deeper look at each step, starting with Step 1: Setting YOUR […]
6 Steps of the ‘Rat Race Off Ramp’
Updated on April 7, 2021 Over the last few blog posts, I wrote about the “Latte Factor,” excuses for not saving money, and the ‘why’ for your money. These were lead ups for getting back to the ‘Six Steps of […]