My wife and I talk about finances every week. More specifically, we discuss how much money in our discretionary funds is available, and then decide together how we are going to spend it. We also do an overall budget review periodically, but she leaves the handling of paying the day to day bills to me. […]
According to The Principal Financial Well-Being Index, retirement planning is on the rise in America. The survey points out that only 28% of workers aren’t planning for retirement, which is a drop from 32% in the previous quarter. This news indicates that more American workers are making efforts to plan for retirement. Are you one […]
Part of good financial management is making decisions based on your priorities, and understanding how a purchase or a spending decision will benefit your life. Before you spend money on a product, service, or experience, it’s a good idea to consider what you will gain by making the spending decision. Spending money can be a […]
Liquidity is incredibly important in a time of crisis, but just how important is it to you to have cash lying around just in case? What even is liquidity? In financial terms, liquidity is the measure of how easy it is to turn an asset, such as stocks or real estate, into cash on demand. […]
Unless you’ve been living under a rock, the stock market has been roaring higher in the last few months. The move’s been so violent that some of my friends are actually talking about how much money they’ve made recently, forgetting that it’s only been a few months since the dark days when everything seemed to […]
You may be tempted to believe that all your problems would go away if only you’ve saved a ton for retirement, but those fortunate enough to have more will tell you that money doesn’t solve all their problems. Still, having money is better than not having enough, if simply for the fact that there’s now […]
