The idea is simple, really: Don’t put all your eggs in one basket. If you’ve managed to save some money, and you keep saving each year, good for you! Being in a place where you’re (presumably) free of bad debt (such as credit card debt) and can save each year is a very good place […]
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 […]
For years, I tried to stretch my money to its maximum potential. Moving money across different online savings accounts for better rates, taking money out of my checking account as soon as it’s there, paying bills on the last possible day to get more interest,…, the list goes on. Basically, whatever you can think of […]
It’s important to have an idea of your financial priorities when you are trying to make a financial plan or reach a certain financial goal. After all, it’s impossible to decide what you should do with your money without priorities, not to mention figure out what actions you need to take to reach your financial […]
Did you know that part of the recently passed The Coronavirus Aid, Relief, and Economic Security (CARES) Act lets you withdraw $100,000 from your retirement funds without incurring the 10% penalty normally applied for early withdrawal? For a typical family with two working adults, that’s up to $200,000 of funds the government is letting you […]
The idea of being financially independent is something most of us dream of, but some of us are taking action to make this dream a reality. We believe that living below our means, maxing out our retirement accounts, paying off our debts, and saving consistently will allow us to achieve freedom. We will be free […]
