I read an article the other day from Business Insider about a financial writer, Holly, who “wiped out” her emergency fund years ago and never plans on rebuilding it. Of course, this immediately captured my attention. And although my initial thought was wary of her proposal, I found the article reflecting some of my own …
An Alternate Approach to the Traditional Emergency Fund Read More »
Have you ever gone through a period in your life where everything seems to be going ok? Where all of your plans are being carried out without any disruptions and there are no big obstacles that are derailing you? And then there are the times where everything seems to go wrong. Where all of your …
In the world of finance and investing there are plenty of gurus out there who will sell you all kinds of advice. I’ve seen it all and I’m sure you have too. There are the day traders who promise you can make a living sitting in your living room trading two hours a day. You’ll …
A Secret to Financial Success: Automate Everything Read More »
Do you remember those old television shows that gave contestants the opportunity to choose what was behind door #1 or door #2? Of course, in these shows, there was a lot of build-up about the choice. With one choice you could potentially have something of great value or something that was a bit of a …
Opportunity Costs and Why They’re Important To You Read More »
I don’t know how many times I’ve bought something only to realize a year later that it was a complete waste of money. I mean, I loved what I bought and all. Or at least I thought I did at the time. But now I look back and realize (with some frustration) that it was …
In life the unexpected always happens. And unfortunately many of these unexpected things involve us financially. I’m sure you’ll agree with me on this one. Life gets expensive when you least expect it. It’s why each of us need a pile of money set aside just for emergencies. This is called an emergency fund and …
What Is An Emergency Fund And 8 Great Points While Starting One Read More »
In life, it’s always smart to have goals. If you want to get ahead financially, having well laid out plans for your goals is half the battle. These goals can help you achieve financial independence. But it’s sometimes difficult to save for multiple goals. One little secret to achieving your goals is to have separate …
Five Ways To Prioritize And Save For Multiple Goals Read More »
