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How Much a Baby Costs: The First 6 Months
It’s no secret that children are expensive, but just how expensive are they? I’m sharing what I’ve learned from our family finance journey in the hopes that you can use this as a jumping off point for your family planning.
Three Ways to Save Money This Holiday Season
December is a nightmare that serious budgeters just want to wake up from. It seems like no matter what you do, Christmas will turn your budget into a soupy disaster instead of the structured guide it’s intended to be. While it’s filled with holiday cheer and heartwarming expressions of love, it can also wreak havoc on your bank account. As a result, we’re sharing three ways you can save money this holiday season.
How to Calculate Your Financial Runway
If you’ve ever tried to figure out how long you could go without working then you know all about a financial runway. Whether you’re looking to extend your maternity leave or start a business, it’s the same concept. How long can you keep going before you hit your comfort threshold and dip below your sweet spot when it comes to savings? Here’s a guide and template to help you calculate your financial runway.
How to Maximize Your Donations
We all like to give where we can, especially this time of year when appreciating what we have and taking care of others is at the forefront of our minds. You may be bombarded with requests to give and wonder how you can make your donation go as far as possible. Here are some tips to do just that and to help maximize the impact of your donation.
When Making "Bad" Financial Decisions Makes Sense
If you’ve been studying up on personal finances, I’m sure you’ve noticed some cardinal sins from financial advisors. It’s so easy to take these at face value, but the bottom line is that the general rule will not apply to everyone. There are always exceptions, so how do you know if you should be applying these rules to your finances or if making the “wrong” decision is actually right for you. Here are some tips to help you draw that line.
Financial Moves to Make When You’re Switching Jobs
Switching jobs can be a stressful and exciting process. However, there are also some extra financial factors at play that deserve some attention. Here we discuss a few financial considerations to make that you may have forgotten about.
Three Dangerous Retail Practices That Can Cost You
Retailers are attempting to keep their sales up by making it easier and easier to pay for items, and it’s not hard to get sucked into these traps if you’re not paying attention. To help you make wiser spending decisions we’ll highlight three financing methods and what you should look out for.
Is an Income Annuity Right for You?
If you’re anything like me, you heard about income annuities for the first time from some old television star during an episode of The Price Is Right. However, there's a lot more to know about this retirement savings tool. Here is some information you can use to determine if an income annuity is right for you and your family.
The Big Money Lessons I Plan to Teach My Daughter
When we learned we were expecting our first child last year, we talked about where we would travel and what board games we would play. Secretly, however, I had my own mental list of lesson I wanted to teach her, and they’re lessons I think everyone can use in their financial lives.
Four Frightening Personal Finance Myths
On the most frightening day of the year, I felt it was only appropriate to address some finance myths that can also have terrifying consequences. Maybe you’ve heard some of these before, or maybe these are new to you, but familiarizing yourself with these four money myths just might help you avoid a potentially hazardous personal finance blunder.
What Is a Money Coach and Do You Need One?
Today, there is a real focus on educating the consumer and helping you to understand exactly how you can take control of your finances, and this is where a money coach can really come in handy. Learn more about what a money coach can do for you.
Does Your Net Worth Really Matter?
So much of what we hear reported in the news stratifies individuals based on their net worth. It’s an easy measure to help quantify economic markers, but is it really a good measure of your wealth and financial health?
Money Challenges Among Millennials
So much has been written about millennials and our finances, but like any other generation there’s a range of extremes that may or may not apply to such a huge group of the population. That being said, there are some very real challenges that face this generation. Here we tackle some of the biggest challenges millennials face and address what can be done about them.
Making Sense of Your Paycheck
Have you ever gotten a new job or a raise only to realize that when payday rolls around you’re taking home a whole lot less than you were expecting? Have you ever thought, “why is my paycheck so small?” While we all expect to pay taxes on our wages, most people couldn’t tell you what all of the line items on their paystub are. Here we cover some of the most common items affecting your take-home pay.
How to Reframe Your Money Mindset
There’s a lot of emotions that go along with money. So many of our highs and lows can be connected to our finances. Today, there is starting to be a greater focus on financial wellness, and one element of this is your money mindset. How do you think about money and how could reframing your thoughts help you live a happier and more financially sound life?