There are a lot of money myths out there, and some of them can be quite damaging to your long-term financial health. Let’s take a look at some of them. Taking on Debt Is Good I’ve written before about how people love to use debt as an excuse to build credit, but it really is […]
Since arriving in the US 30 years ago, I have bought six cars. The first was a used Ford Taurus. The rest were new, in 1996 a Dodge Grand Caravan, in 2000 a Honda Civic, in 2010 a Toyota Camry, in 2011 a Toyota Venza, and now in 2022, a hybrid Toyota Camry. What I […]
The most popular article I’ve ever written was titled “Want to retire in 10 years? Here is what you need to do”. I don’t consider it my best work, not by a long shot. Given the amount of traffic this article continues to get, it is certainly a compelling headline. In this article, I’m going […]
Learn the money fears that financial experts most often see women experience and their advice to overcome them. In the first piece of this two-part article, I covered “The 10 Money Challenges and Two Advantages of Women over Men” with the help of seven financial advisors. In this second piece, I bring those financial pros […]
You may think (as I did) that “side hustle” is a new term. We’d both be wrong. According to Merriam-Webster, the term is 70 years old! What’s new is how the gig economy took off and found the semi-dormant term a perfect linguistic fit. According to a Zapier report, more than one in three Americans […]
In June of 2022, the US Federal Reserve announced the most significant increase in interest rates since 1994. This was swiftly followed by a further 0.75% point rise in July. While the claim is that this will help fight inflation, it doesn’t seem to be working, and most of us are dealing with this increase […]
We each start our money journey from different points. Each of us is born into a different level of affluence, a different familial situation, different innate talents, and ethnic background and gender that can help or hinder us. We each have different early-life and early-career experiences. Each of us gets different support, education, and mentorship; […]
We’ve probably all heard that you should “measure what you treasure” which is just another way of saying that if something matters to you, it’s worth keeping track of. Way too many of us, though, simply don’t monitor our finances that closely, which is why we often feel out of control. Knowing these six numbers […]
Many people get accustomed to paying for their needs and wants, then saving is last on the totem pole. But what if you decide to save your money first, before paying your bills? Paying yourself is what it sounds like: fund your savings goals first and then utilize the rest of your monthly income towards […]