Financial Freedom: the option to work or coast, to pursue a passion, to control your own time and resources. If you had the financial resources to do anything you wanted, would it be what you’re currently doing? Financial Prisoner: tied to your paycheck, often due to a lifestyle you can’t really afford (or would not […]
The idea that anyone would commit financial infidelity in a marriage can sound like a really bad thing. However, putting money aside in a secret account and spending it secretly can be a legitimate plan in many circumstances: you could worry that your spouse won’t pay child support or alimony in the event of a […]
As we reflect on the past year, there is much to examine – safe to say that the last year turned out to be a year that none of us expected. For many of us, despite gut-wrenching headlines and world events swirling around us, it may have actually been a good year in many ways […]
Over the last few years, many of us have realized that life is short, and maybe we should see a little more of this pretty amazing planet we call home. The good news is that no matter where you want to travel, there are a few ways to make sure you do it in the […]
Over the past 37 years, I bought a total of 8 cars. That’s not very many because I’m a firm believer in buying the right car and driving it for as many years as possible until repairing it is more expensive than it’s worth. Of the eight cars, I bought the first four used and […]
It’s almost that time of year again, and apparently, finances are one of the top five areas that Americans focus on when setting New Year’s Resolutions. “Get richer” or “improve finances” may be perfectly reasonable resolutions to make, but aren’t that specific. If you really want to focus on better finances in 2023, consider resolving […]
A much-debated topic in the personal finance world is what is the best way to pay off debt, the snowball or avalanche method. The snowball method says to pay your debt with the lowest balance first. The avalanche method says to pay the debt with the highest interest rate first. But which is right for […]
One of the most difficult financial situations to deal with is when one person in the relationship is in a much stronger financial position than the other. In this article, I am going to review when it’s smart to lend money to your significant other and when it could be a disaster. Why We Hide […]
To make it easier for your lender to approve you for a home mortgage, avoid these seven common mistakes and learn what to do instead. Although mortgage interest rates have recently trended higher, they’re still historically low. When rates were lower yet, I decided to refinance the mortgage on our home. I reached out to […]