Personal Finance
How To Calculate The Exact Year You Can Retire In 6 Steps
Retirement can seem like a distant, blurry concept, especially when you’re in the thick of daily life, paying bills, working, and saving what you can. But here’s the truth: retirement isn’t as complicated as it’s often made out to be. Yes, financial gurus throw around terms like “net worth,” “4% rule,” and “compound interest” as […]
10 Ways To Work Less And Get Paid More
Are you exhausted after a long day of work? Living paycheck-to-paycheck? Too many people think working harder is the way to solve money problems. The truth is you can work less and get paid more, but you have to do it right for the maximum benefit. If hard work guaranteed success we would have a […]
Why You Are Always Broke
Is it easier to earn money or have money? Keep your answer to the side. We’ll be returning to it. In the U.S. the median household income for 2022 was $74,580. That means over the working careers of the wage earners in a household, income will total around $3 million. Of course, most people make less […]
The Way To Wealth
Today we are graced with a blog post by a dear and close friend of mine, Benjamin Franklin. Ben is legend in his financial advice, especially as it applies to frugality and debt. You might even say Ben is the father of the current FIRE (financial independence/early retirement) movement. What may strike readers strange is […]
5 Things To Understand About Annuities
Annuities are financial products that offer a steady stream of income in exchange for a lump sum investment. Annuities may be complicated and may not be right for everyone, even though they can provide retirement security and peace of mind. Comprehending the intricacies of annuities is vital to make well-informed financial decisions and optimize their […]
Retirement Planning: Are You Ready?
It doesn’t have to be difficult or complicated to prepare for retirement. We all know that we’re going to get there one day. But you do need to have an approach in mind so that you can get to retirement and know that you’re comfortable. Taking the smaller steps can make a big difference as you […]
5 Laws Of Human Stupidity
We see stupidity while driving. People discussing religion or politics also get labeled as stupid if we don’t agree with them. In personal finance we have the so-called “smart money” crowd. The phrase usually applies to high net worth investors and institutions. Somehow these people are considered “smart” by default. It can also mean everyone […]
FIRE – Financial Independence, Retire Early Is A Bad Idea
Pros and Cons of the Fire Movement FIRE, or Financial Independence Retire Early – is popular among millennials – and older adults too. Inspired by the classic book, “Your Money or Your Life,” by Vicki Robin and Joe Dominguez, FIRE is an acronym – Financial Independence, Retire Early. Thousands of diligent workers are striving to […]
Which Investment Type Carries The Least Risk?
7 Low Risk Investments A common question from investors with different experience levels is, “Which investment type typically carries the least risk?” First, when determining whether an investment is low risk, it’s helpful to figure out your risk tolerance and understand what low risk, safe investments mean. Then, you can examine the riskiness of an […]
The Art Of Mindful Spending: 7 Psychological Secrets To Master Your Finances
Getting your budget under control often feels like starting a new diet. We can all relate to the invigorated feeling of committing to a new wellness plan, only to grab that irresistible scoop of ice cream after a long day. Before you know it, your diet is derailed, and you keep telling yourself that “tomorrow […]
