Happy New Year! I hope you had a great 2021 and that 2022 is even better! Every year millions upon millions of people make New Year’s Resolutions usually with the goal of making changes to improve themselves and their lives, […]
“I can’t” “Next month” “Once I…”
We live in a world full of excuses. Many people (maybe even you) make excuses for not being able to save money or manage their personal finances. Below are a few examples, but there are millions out there along the […]
Kids and Money… Part I
Many of you have kids. And if you don’t have kids you probably have nieces or nephews or close friends with kids. There is very little education about personal finance in our public education system. That leaves parents, grandparents, friends, […]
Should Centenarians Influence Your Retirement Planning?
Even though life expectancy in the United States has been pretty consistent over the last few years, centenarians are the fastest growing age group in the United States. What’s a centenarian? A centenarian is a person who is over 100 […]
Ever Wonder How Much Your Military Retirement Will Be?
Have you decided to make the military a career? Great! You should consider and do some planning around the military pension you’ll receive after retiring. If you are deciding whether or not to get out of the military, you should […]
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 […]