We all need to save some of our income. It’s not as hard as you may think. We’ll talk about experiences my wife and I have had and some easy ways we’ve found to save money and use those savings to fund our investments. Read on for some ideas that may help. Why Save For […]
Can I retire comfortably? That’s the big question. Let’s dig in and talk a bit about what it means to retire comfortably and how we determine if we can in fact achieve our goal of comfortable retirement. Credit to my Saturday morning coffee buddy Rich, this was his topic. This is a popular discussion topic
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Duh. Or if you’re a Simpsons fan, Doh. Either way, I’m sure you get it. But how big of a problem is debt? For today’s post, I’m going a little outside of my typical personal finance scope and talking about some reading I’ve done recently. I Don’t Have Any Debt! I can hear some of
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A Health Savings Account (HSA) is becoming a popular but frequently misunderstood employee benefit. An HSA provides huge tax advantages so let’s dig in. What it’s Not I’m sure I’m breaking every literary rule by starting off with what an HSA is not, but for those of us who began our employment with Flexible Spending
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Buying a car can be stressful. Let’s talk about some steps we can take to make this a more positive experience. My sister in law is in the process of buying a car. I am one of the few who finds this process exciting. Most people that I know dread it. She’s no exception. In
I read an article this morning about a woman who was irate because she paid off a loan and her credit score went down 30 points. I don’t blame her. I’d be angry as well. You should be rewarded for good financial habits, not penalized. I also understand why this happened and if you read
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Your credit score is much more important than you may realize. Let’s dig in. Many people refer to their credit score as their FICO score. Just like FEDEX is not the only package delivery service, FICO is not the only credit score. While they all use similar criteria, the results can be different, which is
Time is the secret weapon in building wealth. For those who only read the 1st paragraph of an article, I wanted to get this out there first. So there you have it. Let’s talk about why. Sylvia In preparing for a personal finance class I was teaching a few years back, I came across an
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Unless you end each month with more money than you know what to do with, you need a budget. If that sounds like an exaggeration, it’s not. Why Budget? Before we talk about the mechanics of creating and managing a budget, let’s talk a little about why you need one. Most of us work
I read an article about pets this morning. The highlight was that the typical pet owner spends $4,800 per year on their pet. Of that, $1,200 is spent on visits to the vet. If you’re like me, you’re saying “no kidding”. Our dog Rosco has had 2 ACL surgeries, a broken toe-nail that needed surgery,
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