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.
Planning your household finances is a big part of making headway toward your overall goals. As you put together your plan, here are a few things to keep in mind. Planning your household finances should be a major part of how you move forward. Whether you want to cover an emergency tomorrow or retire early
Could you get back on track with your finances using the 50/30/20 budget? Anyone who knows me understands that I’m not particularly fond of the word “budget.” While there might not be much of a difference between what I call my “spending plan” and a budget of sorts, it makes me feel better about how
Entertaining the entire family can be a costly task. Here are ten ways to save on family fun this summer. As summer approaches, many parents become worried about how to keep their kids entertained. The good news is that there are plenty of frugal activities you can do. Even if you’re a couple or single,
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.
