Save Money
Key Takeaways Super savers push back against “lifestyle creep.” Keeping up with the Joneses will eat up your savings. Instead, identify the activities and experiences that actually make you happy and budget for those. Cut out the rest. Super savers are proactive about avoiding impulse purchases. Impulse buys are not in the budget and online […]
6 minute read
Save Money
We all have trouble controlling our impulses from time to time. This is true whether we’re shopping, dieting, or simply trying to stick to a workout routine. Sometimes, we just feel like following our instincts for something new and different. Unfortunately, giving in to those urges, especially when it comes to spending, can lead to […]
8 minute read
Save Money
Key Takeaways Estimate your retirement expenses: Choose an approach that makes sense for you, whether it’s making a detailed list of necessary and discretionary spending, or using an online calculator. If you can lower your retirement expenses, then you won’t have to save as much to reach your target goal. Calculate how much you’ll need to […]
8 minute read
Save Money
I still remember my first Toastmasters’ speech on the need to save for retirement. It was actually from a couple of decades ago, which is hard to believe. You see, I wanted to improve my public speaking skills. My boss suggested that I attend these events where I would get a chance to practice speaking […]
9 minute read
Banking
A start of a new year brings plenty of bonus offers from various financial service companies. The best places to look for bonuses are from banks, cryptocurrency banks, student loan refinancers, and all-in-one companies like SoFi. In particular, 2022 is the best time invest in cryptocurrencies as the likes of Ethereum and Bitcoin are rising […]
6 minute read
Taxes
You 2021 Tax Return is due by April 15. If you suspect you will owe the IRS money, start making a plan for repayment now. Start planning for your 2022 Tax Return now, in order to avoid any last minute surprises. It’s a new year, and Spring is just around the corner. With the warmer […]
9 minute read
Financial Advice
In many parts of America, the cost of living has skyrocketed out of control. The resulting increase in costs for things like rent, groceries, utilities, healthcare, and transportation has seen thousands of Americans pack up and move to greener (or at least cheaper) pastures. There are still plenty of cities in the good ol’ U.S. […]
9 minute read
Money
The ultra-rich have lifestyles most of us can’t imagine. From buying smaller yachts for their superyachts to funding a private space race, the idea of having that much money is downright alien to the rest of us. Love them or hate them, America clearly has a fascination with billionaires. There’s just something so darn interesting […]
7 minute read
Financial Advice
Qualifying military members can set up a Survivor’s Benefit Plan (SBP) upon retirement. The SBP, along with standard Social Security, can be used by a widow to stay financially afloat. Both the deceased veteran and the surviving spouse must meet certain conditions to qualify for a SPB. The payment amount depends on a number of […]
6 minute read
Financial Advice
How much money do you really need to live well in retirement? While $1 million tends to be the conventional number thrown around by financial planners, the reality is that many of the warmest and most beautiful places in the world are also some of the most affordable areas to live. People willing to move […]
6 minute read
Save Money
There’s no doubt that the future of driving is electric. In fact, Morgan Stanley predicts that 72% of all car sales will be electric by the year 2040. Almost every major automaker has already invested billions of dollars into expanding their electric vehicle lineups. Within 20 years, it will probably be next to impossible to […]
9 minute read
Save Money
When we think of frugal living and living within our means, we often think about doing more things on our own. Whether it’s building our own shelves or changing the oil in the car, it’s easy to think about ways to save some money by putting in some effort. I even asked my wife to […]
5 minute read
Save Money
My friend once told me she paid $50 a week for her son to spend five or six hours in a daycare/preschool. That’s $200 a month for about 12 hours of child care. It was brutal for her on her student budget. However, she didn’t really have a choice. She also told me that things […]
5 minute read
Save Money
When a relationship ends for any reason, finances are probably the last thing on your mind. Despite all the emotional turmoil we need to handle, there is still that essential step of figuring out a new household budget. Becoming a single parent comes with many burdens, including how to manage your money on a single […]
6 minute read