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, […]
What If… You Were Completely Debt Free?
Following up on the last post, “What is the Money Value of Your Time?”, I’m moving into a series called “What if.” This series will explore various topics in personal finance in a different way. Each post will start with […]
How Much Does Psychology Affect Your Money?
Just recently, I finished reading The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. It is easily one of the best books I’ve ever read about personal finance. It isn’t your typical ‘how to’ personal […]
“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, […]
What Marginal Gains Can You Make With Your Money?
In my last post, I discussed the three books that had the most impact on me from 2020. One of those books, Atomic Habits, had a story in it that described how the British cycling team used marginal gains in […]
Food for Thought
Two weeks ago, it was election day in the United States. Many of you were likely watching the results as they came in on election night and the days that followed. The high voter turnout shows how much more interest […]
Just Because You Can Afford Something Doesn’t Mean You Should – Part 2
In my last post, I wrote about considering trade-offs when making purchases. Today, I’ll start by digging into costs for most people’s largest expense, their primary residence. After costs, I’ll give an overview of what banks do when pre-approving you […]
Do you have your priorities straight?
This sounds like a simple question, and it is, unless you dig deeper… There are two main areas in your life where you (and your loved ones) should always take precedence. No one else should have your health and the […]
How Should You Save For Retirement?
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 […]