A large part of success is in knowing yourself. This is true whether you are starting a relationship or whether you are working towards a financially stress free life. If you want to create success in personal finance, then you want to cultivate the behaviors that will lead to financial freedom. Here are some things […]
Hobbies, by definition, are something we do for enjoyment. They aren’t activities that we absolutely have to do. That means that in a purely financial sense, spending any money on hobbies — especially when you have other financial concerns like paying for food and shelter — is wrong. The reality of the situation, though, is […]
I will be honest because personal finance must involve an honest conversation. Though some personal finance sites might compare needing a budget to needing air or food, I don’t plan to be that melodramatic. I will, however, emphasize that I think budgets are essential to maintaining financial order in your life. A budget can be […]
One of the scariest financial situations to be in is living paycheck to paycheck. Unfortunately, too many people are in this predicament. According to a study done by LendingClub and PYMNTS.com, 64% of Americans live from paycheck to paycheck. What’s even more surprising is that almost half of Americans who earn more than $100,000 live […]
Here’s how to have yourself a minimalist little Christmas.
Many of you know about the 4% retirement withdrawal rule, which claimed that a retiree can withdraw 4% from their nest egg each year, adjust the amount for inflation, and have it last for 30 years. The 4% rate is pretty much the gold standard when it comes to retirement planning since the Trinity report […]
