Today we’re going to take a look at a personal finance book that deserves a place on your book shelf: Financial Freedom: A Proven Path to All the Money You Will Ever Need, written by Grant Sabatier, promises to transform the way you view money and to help you save, invest, and better manage your money so you can achieve financial freedom. Before we go any further, I … [Read more...] about Book Review: Financial Freedom By Grant Sabatier
Should you pay off debt or invest first? Is it really an either/or situation? Trust me, you’re not the first person to wonder. Today we're going to get to the bottom of the argument. Obviously, if you have debts you’re obligated to pay something on them until they’re gone. You can’t just ignore your debt and go crazy investing. But do you pay them off … [Read more...] about Should You Pay Off Debt Or Invest?
Don’t let an ex have the last laugh. Make sure you review your beneficiaries regularly and change them if needed to be sure your loved ones don't get screwed if you die. In my first job out of college I processed death benefit payouts for 401(k) participants. I had to review the request, the death certificate, and the beneficiaries on file before we could cut the … [Read more...] about Do You Need To Change Your Beneficiaries?
I've been a Costco member for over 15 years and I can't tell you how many times someone has asked me "Is Costco worth it?" I always answer the same way: YES! There are plenty of items where Costco prices are just unbeatable, and some smart shopping will more than cover the Costco membership fee (see the table below for more details). How Much Is A Costco … [Read more...] about Is Costco Worth It? Here’s What We Found Out
Each year, the average American family receives a tax refund of about $3,000. Remember that’s just an average. Some people will receive more and others less. If you’re one of those lucky people receiving a large amount back you might find yourself thinking, “What's the best way to spend my tax refund?” It's important to make a wise choice here, because … [Read more...] about What Is The Best Way To Spend Your Tax Refund?
I’ve been a fan of The Simpsons from the absolute beginning when they started out as a cartoon short during the Tracey Ullman Show. The characters have changed quite a bit over the years and none more so than Homer Simpson. In early episodes, Homer was a hard-working father with good intentions who just never seemed to catch a break. These days he’s little more than a … [Read more...] about Homer Simpson’s Top Side Hustle Ideas
If your family is like mine, your food bill is one of your biggest monthly expenses. And it's not like you can just stop buying food. You need to eat right?? So how do you keep your food budget from spiraling out of control and still put a healthy meal on the table? Well, there are numerous ways to save money on groceries. But the one that had the biggest impact on … [Read more...] about How To Use Family Meal Planning To Cut Your Food Budget In Half
Did you make any New Year’s resolutions this year? Lots of people resolve to lose weight, quit bad habits like smoking and drinking, or save more money. Those are all great ideas but in this article I’m going to focus strictly on the best money moves you can make to improve your finances in the year ahead. Setting money-minded goals and following through on them … [Read more...] about 7 Best Money Moves To Make In 2020
Is living stingy worth it? It’s a tough question and everyone and their mother seems to have their own opinion. But today we’re going to take a deep dive into the issue and come up with an answer once and for all. In this article we’re going to teach you the subtle differences between living stingy vs. living frugally. We’ll explain why it’s important to live frugally, … [Read more...] about Is Living Stingy Really Worth The Trouble?
Why is an emergency fund so important and how do you build and maintain one? Your son’s foot slips while backing into the driveway and he crashes right through the garage door. A water pipe bursts and floods your basement. Your furnace dies in the middle of winter. Your company is downsizing and you suddenly find yourself out of a job. Life is full of … [Read more...] about How to Build An Emergency Fund