Living for today - Planning for Tomorrow
Have you ever heard of lifestyle inflation? If not, it’s the theory that as you earn more money you spend that extra money without even realizing it. You grow accustomed to having that extra cash each month and as your income goes up your lifestyle inflates accordingly. Lifestyle inflation is a real thing and it’s pretty tricky. If you’re getting ready to get a big
Overhauling your personal finances can feel pretty overwhelming, especially if you’re starting at ground zero. Luckily, you don’t have to overhaul your finances to get big, lasting changes. Here are seven small financial changes you can make that have a big impact. Tracking Your Spending Tracking your spending is the number one thing you can do to bring a better awareness to your personal finances.
Here lately my energy to work on my house has suddenly reappeared. Over the long weekend I painted two rooms and then headed upstairs to a bathroom that hasn’t been used or touched since we bought the house, right around one year ago. The changes I’ve been making lately have been super inexpensive but have made all the difference in how my house looks and
Unfortunately investing (or anything personal finance related) isn’t taught in schools. This can make investing seem intimidating for young adults. I know, because it wasn’t too long ago that I felt the same way. Investing is actually quite simple. If you’re looking for easy ways to get started here are some simple ideas. # 1 – Set it and Forget with Index Funds Index funds
I’ve worked hard at growing my savings account over the past couple of years and have finally gotten to a place where I am was extremely comfortable. And then I found out that a house repair was going to cost twice as much as I thought and drain all of my extra cash savings (except for my emergency fund.) Now I’m feeling (and acting) like
Much of the items you’ll find in my house are used. A good 90% of my furniture is used, my clothes are (mostly) secondhand, a lot of my kitchen paraphernalia is handed down from my mother in law and my vehicles are used. I have no shame when it comes to buying used. Here are five reasons why. It Costs Less Let’s start with the
School is quickly coming to an end which means most kids will be home for the summer. If you’re looking for a way to keep your teen busy while teaching her important skills like time management, money management and the value of hard work, a summer job is the perfect fit. Here are ways for teenagers to earn money this summer. A Seasonal Part Time
If you’re suffering from a low credit score I’ve got both good and bad news. The bad news first: there’s no magic bullet to quickly fix your credit score. The good news is that improving your credit score really comes down to five simple factors and the process is actually much easier than you think. Here are the five main factors that affect your credit
Today we have a guest post from Michael Rogers about how you can increase your net worth in short order. Your net worth is an indicator of a number of different things, but ultimately it is a key calculation of your overall financial success. Many individuals make this calculation and realize that their net worth is in need of a little adjustment on the positive
It’s about that time that – if you are getting a tax refund it’s probably now sitting in your bank account or will be arriving any day down. While it’s commonly advised that you should lower you tax deductions so that you don’t receive a tax refund, I don’t feel this is always good advice. In fact, I’ve received a tax refund most years of
