We’re often told this in business. You have to spend money to make money. But how true is it? And what exactly should you spend it on? There are lots of times when spending money will make you money. Those who spend on education still earn more on average (although it’s possible to earn more […]
You’ve probably heard that you should have an emergency fund. Maybe you even have one already. But would it actually help in an emergency? Not just a minor emergency, but a serious one? The answer, for many people, is no. Based on a January 2022 survey conducted to determine the financial health of consumers, 56% […]
Freelancing is becoming an increasingly obvious way to bring in a little (or a lot of) extra money. Most of us have the basic tools we need to work remotely. And technology has made freelancing a lot easier than it once was. There are countless sites and apps dedicated to putting potential freelancers in contact […]
I know it’s unpopular to say so in some circles, but yes, money can buy happiness. Certainly, as my mom’s experience of poverty early in her life taught her, having less money than you need buys misery. Then there’s that research people love to bandy about, that they claim proved happiness stops increasing once you […]
One of my favorite websites is despair.com. You know those slick motivational posters big companies love hanging on their office walls? Like “Teamwork” or “Success”? Well, Despair sells products that mock those posters. Their website says: “MOTIVATIONAL PRODUCTS DON’T WORK. BUT OUR DEMOTIVATOR® PRODUCTS DON’T WORK EVEN BETTER.” Gotta love it! One of their funnier […]
It was 2017. A new client had a problem with her small business. She was working about as many hours as she wanted but was having a hard time making ends meet, let alone getting ahead. One simple bit of coaching I gave her would make a huge difference, but she took months before adopting […]
The year was 1955. My parents were buying their ever first home. My then-28-year-old mom pushed my then 31-year-old dad into taking on far more debt than he was comfortable with – their mortgage payments ate up half their income! To say things were tight would be an understatement. My oldest sister tells stories of […]
Most of us spend too much during the holidays, and most of us finish them feeling more stressed than we went into them. We tell ourselves it’s inevitable, but it’s really not. Being aware of why we over-spend can be the first step towards sticking to a sensible holiday budget. Here are ten reasons we […]
Are you entering or already in your peak earning years? If so, here are some great financial tips…. According to CNBC, college-educated, full-time workers reach peak earning around age 55, with median income about 87% higher than at age 22 for men, and 57% higher for women. At age 40, men’s median income is already […]