Have you ever seen people who have financial freedom and thought to yourself, “I want to be able to live like that, too”? For most of us, the mental picture of financial freedom looks like someone who spends what they want when they want to, without concern about whether they will be able to afford it. While […]
When I look back on my childhood, some of the memories I cherish the most are the times my parents made an extra effort to make certain experiences special. It’s those kinds of memories that I want my kids to be able to look back on and smile. I’m not talking about expensive trips to the […]
Survey after survey indicates that Americans aren’t saving enough for retirement. While retirement is one of the biggest fears that Americans have, they aren’t confident in their ability to enjoy life. A Wells Fargo survey recently indicated that 22% of middle class Americans would rather die early than be unable to have a comfortable retirement. This is very […]
I’m constantly asked to describe how I budget my money. When I talk about my budget, though, I refer to it as my “no budget” budget plan, or just a spending plan. This is because I don’t budget my money in what we often think of as the traditional way. I don’t have a list […]
Debt is one of the easiest traps to fall into and it can seem like it’s practically impossible to get out of. The formula to paying off debt is relatively simple; spend less than you earn. The reality isn’t easy to apply to your life though. After all, it’s difficult to create new habits and change […]
Be on the lookout for these scenarios when being thrifty can backfire and cost you more money.
