FOMO and YOLO are the new "Keeping up with the Jones" or "Carpe diem!" See how these behaviours can combine to deplete your financial savings and gains.
As part of my series, VA/VE Cost Saving Projects, this post crunches the numbers to see what combination of Credit Cards is optimal for our family. Based on our spending patterns, our family earns an extra $400 per year cash-back from implementing this strategy.
The phrase "Financial Independence" has been gaining popularity as it does not carry the same baggage as the word "Retirement". Financial Independence gives you the freedom to choose how your time is spent (paid or not) and for some, can be reached in their 30s and 40s. Review these 5 factors to achieving FIRE.
Being a father of three young children, the topic of education costs particularly resonates with me as I start considering where we'll be financially in about 10 short years (gulp!). Many clients list "sending their kids to university/college" as an important financial goal and make it a priority to save for this milestone event. This post crunches the numbers on a few 'home or away' scenarios for my kids 10 years from now.
What is the worst investment advice you've ever received? I'm sure all of us have encountered an extremely confident person offering up advice on how successful they are at investing and making recommendations on what you should put your money in. Here's a short story about a conversation I had this past week.....