Now that it's 2018, here are 5 warm-up exercises to help get your finances back on track:
In the film Rounders, Matt Damon’s character, Mike McDermott, is quoted: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker.” If you're an amateur do-it-yourself investor buying stocks on your own, consider yourself the sucker. Read about why you should just walk away from the table instead of trying your luck against the professionals.
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.