Imagine blowing through $50 million dollars. $50 MILLION dollars. That’s what Toni Braxton did. Meat Loaf did better — he was only $1.6M dollars in debt. Dee Snyder, Billy Joel, and many more have blown through millions to end up owing millions. You may not make millions to blow in your lifetime, but you certainly […]
Money Management
“How are we going to pay for that?” my wife asked me. I wasn’t sure how to answer the question. We were staring at an unexpected expense that was more than our budget had room to handle — and our emergency fund had recently been exhausted. We were almost done paying off $109,000 in credit […]
It’s no secret that I love my Health Savings Account (HSA). I make regular contributions, and even maxed out my contribution last year. The HSA isn’t for everyone, but if you have a high-deductible account, and can afford the out-of-pocket costs until you meet you deductible (I rarely meet my deductible, because I have few […]
I remember how I used to do bills each month. I’d sit down with the checkbook, a stack of bills, and a book of stamps… Then I’d hop on my horse and ride into town to bring them to the post office. OK, so maybe it wasn’t that long ago, but doing bills like that […]
A few decades ago, getting married was a chance for two people to better their financial fortunes as they started a family. In those days, it was easier to get by on a single income, and higher education (no matter your gender) wasn’t as essential as some think it is today. People married young so […]
For the self-employed, it can be tempting to forget some of the basics associated with long-term financial planning. When you’re trying to get your business off the ground, you’re more interested in the day-to-day of survival. You do, however, still need to remember to prepare for the future with retirement planning. After all, even as […]