Finance is often seen as a cold, hard, logical topic, but personal finance is usually a surprisingly emotional topic. We tend to be more emotional about money than almost anything else, which is perhaps why so many arguments in relationships revolve around money. In an article about being financially fearless, Prudy Gourguechon suggests the most […]
Have you thought about retiring early? Maybe in your 30s? 40s? 50s? One couple, Billy and Akaisha Kaderli, did just that. They saved up $500k by the time they were 38 years old, in 1991, invested it, and called it a career. Now, 30 years later, their portfolio is worth $1 million. Adjusting for inflation, […]
One of the best ways to save money and get your budget back on track is to review what you’re currently spending money on. It is a lot easier to spend less money than it is to make more money — so that’s where I like to start. When you start looking into your budget, if you’re […]
Making a major purchase can be stressful or exciting. If most of yours feel stressful, it could be because you’re simply not at peace with the idea of spending that much money on that particular thing. Ask yourself these questions about any major purchase, to feel a lot more comfortable with your decision. Do I […]
If you’ve never been a saver, you might have no idea where to start when it comes to saving money rather than spending it. It sounds like it should be simple, but if it were, everyone would have savings, and according to Statista, almost half of Americans didn’t, even before the crisis year of 2020, […]
A Confession – I’m Often a Money Contrarian I often offer contrarian opinions and ideas, especially in personal finance. This is because my personal experience proved to me that I got far more from following my own path for 11 years than from 18 prior years of following the herd (see more below). I’ve even […]
Contrary to its name, a savings account isn’t actually good for all types of savings, and some would argue they aren’t good for any savings. Like most things, savings accounts are good for some things, and bad for others. Most savings accounts offer extremely low-interest rates. So low, that you could probably pick up more […]
We’ve come a long way in recent years and not every couple feels the need to completely merge their finances when they marry or set up a home together. However, it’s pretty hard to build a life together without addressing money and the many issues that surround it. If you’re going to work towards shared […]
It Can Pay Off in Surprising Ways to be a Contrarian… It’s fairly well known that transportation is one of the three largest expenses (at least for most Americans). Clearly, if you can get away with owning one car (for a couple), you’re better off than owning 2. If you can get away with not […]