Going through a divorce can be one of the most emotional and challenging life experiences for many people. And when it comes to your finances, your life may truly feel turned upside down. Fortunately, you’ll find a growing number of financial advisors who specialize in helping people navigate the complexities during the process of getting […]
When it comes to making a budget, one thing that will often trip you up is a lack of understanding regarding what you actually spend. You can start tracking your spending at any time, of course. But if you’ve tracked your spending for a month, you still won’t have a good idea of what your […]
High Inflation Is Here Now. Are You Wondering How Badly It Will Hurt Your Wallet? There’s no two ways about it. Prices are moving up. For some things, by over 50% in the past year! According to the US Bureau of Labor Statistics (BLS), the official score-keeper, May’s year-over-year change in the consumer price index […]
While low cost index mutual funds and ETFs have surged in popularity among do-it-yourself investors and financial advisors alike, investing directly in individual stocks and bonds could offer many potential benefits depending upon your unique circumstances. But investing in individual securities comes with additional risks and requires considerable time, knowledge and discipline to thoughtfully build […]
You can’t move far online these days without encountering what we’re now referring to as hustle culture. Generally speaking, hustle culture is all about working harder, working longer hours, and making bigger sacrifices than those around you. It’s peppered with “inspirational “ quotes like: “I’ve got a dream worth more than my sleep.” And “I’d […]
Hate your boss? Your job? The daily 9-5 grind? The sense that whether you want to or not, you have to keep working to avoid financial ruin? There’s an almost magical allure to the thought of being the master of your own time. Being able to pick and choose what to work on, when, how […]
A deeper dive into a familiar question by someone who has rented, purchased, and rented out properties. Here are some critical points missed by many analyses
I’M SUPPOSED TO HAVE SET ASIDE HOW MUCH?! What the Millionaire Next Door’s “Wealth Equation” does well and where it’s less accurate How much should you have saved for retirement by now? Isn’t that something most of us would dearly love to know, so we can tell how well (or less well) we’ve done? The […]
Active mutual funds faced their first stern challenge when indexing started gaining ground and investors started putting money into passive strategies through index ETFs and index mutual funds. However, that challenge came from another discipline of investing – from people who didn’t believe in active management. So as far as active mutual funds were concerned, […]