I will send you first to my ultimate guide to investing. This is a resource that lays out all the details and answers your most pressing questions.
It’s your best way to learn how to get started the way I did. Boring AF, yes. But its worked well over the years and I get straight to the point.
Before we go any further into my best money tools and resources, I want to first acknowledge that money is personal and you will have your own unique journey. No matter what your past money mistakes, I also want you to know that by being here you are taking the first steps towards your financial well-being.
Your best bet is to start with a robo-advisor and use index products. This is a good way to get a good start and begin building a portfolio while you learn about investing. Once you have a better handle on your risk tolerance, needs, and style, you can add individual equities, alternative investments, and try other assets to diversify your portfolio and add growth.
Can’t pay your taxes? Don’t ignore the situation. Here are some things to consider as you move forward. Being unable to pay your taxes can be stressful. I know. I’ve been there before. When I first started my freelance writing career, I had no idea what I was getting into, tax-wise. And it was rough. I’ve learned a
We often get hung up on financial concepts when it comes to investment. But have you thought about how you invest your time? Investing is often considered in monetary terms. However, we have other resources to invest. One of those resources is time. Before you get too hung up on money, think about the way
Now that the year is coming to a close, it’s time to think about your financial task list. Check out my end-of-year financial checklist to help you get things squared away. Welcome to December, my friends. I’ve been paying the ADHD tax this year, but I’m trying to get back on track. And part of
It’s not often that we think of investing for short-term goals like a travel fund. Too often, that money sits in a cash account, earning meager interest. Back in 2015, I was able to make a fresh start with my life. As part of my overhaul, I also changed things up with my finances and
I love my Health Savings Account. I get the ultimate in tax-advantaged investing. There are three main, unavoidable forces eroding your wealth over time: Taxes Inflation Fees You can’t stop these forces from reducing your real investment returns over time, but you can minimize them. There are ways to reduce your exposure to inflation risk.
You’ll make better investing decisions if you understand your risk tolerance. “Know thyself” is one of the great admonitions of all time. Before you start investing, it’s a good idea to take a look at yourself and understand the level of risk you can handle. Once you understand your risk tolerance, you’ll make better investing
Even as you make investment plans for the future, don’t forget to invest properly in your best asset: You. As you prepare for the future, you know that you need to invest. Investing is one of the best ways to build wealth since it’s all about putting your money to work for you and taking
Even though it’s nice to think that your small business credit is completely separate from your personal credit, the reality is that your personal credit does matter. One of the essential pieces of advice given to just about anyone who starts a home business — or any type of business — is that you need
We hear a lot about the “minimum wage work ethic.” But what is it? And are we kind of missing the point? Because, if we’re being honest, that minimum wage worker is probably working harder than you. Right now, there’s a lot of talk about workers making more on unemployment — at least temporarily due
As a home business owner, you should consider life insurance and how it can help your family replace your income. Working from home can make it easy to see your business as separate from the rest of your financial life. You have business accounts, clients, a computer, and maybe a dedicated office. On the personal
Do you have a plan for what happens to your freelance business when you die? As a freelancer, your business is … you. You might have an LLC and a business bank account. You probably have contracts, clients, invoices, subscriptions, and tax records. Maybe you even have a website that generates income, but ultimately, you are
Building an “in case I die” file is an important part of preparing your family or your business for what happens when you pass on. Years ago, I started thinking about this uncomfortable question: What would happen to my business if I died? Freelancing is different from having a traditional job. No HR department can
My favorite money tools and resources all in one post for you dive into.
