Financial literacy for beginners, individuals, and families is critically important and an essential first step to achieving your financial goals. In this post, we’ll cover the basics, what it means to be financially literate, and outline some … [Read more...] about Financial Literacy for Beginners – Essentials for your Family
Are you wondering “how long does it take to build credit?” Review these simple steps, today, and learn what you can do to build credit as well as what to avoid or minimize. Building good credit from nothing is not impossible, and “starting … [Read more...] about How Long does it take to Build Credit? Explained in Simple Terms
Why is budgeting important? Look no further! My friend, along with 7 reasons why you need a budget, and ways to start, we’ve got you covered! Why is Budgeting Important (Effective Methods to try!) I see budgeting a the foundation of any … [Read more...] about Why is Budgeting Important? 7 Reasons you Need a Budget
Learn how to open a Roth IRA for kids - help your children, give them a head start on the future! Keep reading for more on opening a Roth IRA for minors. As with any financial situation, we recommend carefully consulting with your trusted … [Read more...] about Roth IRA for Kids – Essentials and Getting Started
Have you asked, “How Many Credit Cards should I have?” Look no further! In this post, we’ll also talk about how they can best be utilized to support your family. Essentials - How Many Credit Cards Should I Have? Major schools of thought for … [Read more...] about How many Credit Cards should I have?
How does one achieve and maintain a financially stable life? How do you get organized, and what should you do first? Here are some practical, realistic suggestions on how to be financially stable. In this post, we’ll start by learning how to … [Read more...] about Financially Stable Living!
Wondering how to invest in cryptocurrency? Before you start, take look at some key risks and make sure you are in a good place to dive in! How to Invest in Cryptocurrency Before we begin discussing how to invest in cryptocurrency, I’d like to … [Read more...] about How to Invest in Cryptocurrency 101
Here’s how to calculate net worth in simple terms! Learning how to calculate net worth is helpful to establish a benchmark and measure progress each year. Additionally, it can be used to set financial goals for your family financial matters. … [Read more...] about How to Calculate Net Worth (Your Quick Reference Guide)
This post helps readers answer the question “How to Make a Budget in Excel” and provides suggestions for both pre-made templates and creating one from scratch. Keep reading for more on getting your budget setup, today! Looking for a simple … [Read more...] about How to Make a Budget in Excel (free downloadable template)
Utilizing the Cash Envelope System sounds great, but how does it work? In this post, we’ll cover a few suggestions on how to use the cash envelope system to master trouble spots in your budget. I find a hybrid approach is most effective. Coupled … [Read more...] about Cash Envelope System: Hybrid Approach to Improve Money Management
Here are some ideas on how to save $10,000 in a year. Use this 52-week money challenge to boost savings, and work toward financial freedom. How to Save $10,000 in a Year: Start your Engines! Dollars are part of life. As best I can estimate, … [Read more...] about How to Save $10,000 in a Year: Your 52 Week Savings Challenge!
What are 529 Plans? How do you open and set up a 529 Plan? In simple terms, this post introduces and provides suggestions on 3 Ways you can start saving for college today. While the specific rules vary from state to state, this post will give you … [Read more...] about 529 Plans: Essentials and 3 Ways to Prepare for College
Sinking Funds to the rescue! Preparing for an upcoming expense? Holidays, Vacations, Weddings, or even new tires for your car can be funded with your Sinking Fund. In this post, we will cover a foundational element of a good budget: Sinking Funds. … [Read more...] about Sinking Funds for Saving Money & Accomplishing Financial Goals
Ramit Sethi's book, "I Will Teach You to be Rich" does a great job at outlining priorities and emphasizing a balanced approach to achieving your dreams. Looking for a no-nonsense approach to personal finance? Ramit Sethi takes a … [Read more...] about “I Will Teach You to be Rich” Lessons Learned – Book Review
Have you thought about how to be happy in retirement? We all want to enjoy that time, but the challenge is to balance a fulfilling life today as well. Written from the perspective of a family man in his 30’s, this post covers some suggestions on … [Read more...] about Preparing for a Happy Retirement without Sacrificing it All today
Looking for a way to ignite motivation, and take command of your finances? Use the concepts of Extreme Ownership to take control of your individual and family finances right now. Struggling to muster enough sustained motivation to materially … [Read more...] about Extreme Ownership: How U.S. Navy SEALs Lead and Win – Book Review
This is a simple, straightforward approach to Roth IRA basics - use it to get started, today! We begin with some essentials and outline how Roth IRAs work. Keep this handy as you work on your Family's finances! Understanding Roth IRA … [Read more...] about Roth IRA Basics explained in Simple Terms
Ever find yourself wondering: as an Individual, how do I hedge against inflation? Is there a best way to hedge against inflation? How do assets like Gold and Bitcoin work as a hedge? This post will cover some essential knowledge about Inflation, how … [Read more...] about Hedge against Inflation: How Hedging can Help the Individual and Family
My friend, today I'd like to ask you: can you handle a No-Spend Challenge? Do you have what it takes to commit, and stay the course when paying off debt! From personal experience, this can be easier up front, and more difficult as time passes. Stay … [Read more...] about Can you handle a No-Spend Challenge?
Indexed Universal Life Insurance policies are popular. Oftentimes, they are presented as risk-less investments. However, there are many details and moving parts to keep in mind. Those looking to purchase one without careful review and understanding … [Read more...] about Indexed Universal Life Insurance (IUL) Policies: Are They Good?