Lifestyle Creep: What Is It and How Do We Avoid It?

In my opinion, one of the simplest ways to build wealth is to increase your income while keeping your expenses relatively unchanged. Unfortunately, it seems like too many people increase their spending at the same rate as their income. I'm not saying that you shouldn't go out for a celebratory…

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Budget Meetings

At the end of every month, my dad sits at the kitchen table and balances the checkbook. I give him grief for it and joke that he is archaic, but I understand his rationale. He does it so that he can stay apprised of their financial standing. He wants to…

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The Overlooked Cost of a Car

In American culture, we view the car as an extension of the driver. We expect a person’s car to mirror their economic or social status. We take great pride in the vehicles we drive, and I see very little wrong with that. However, I want you to think about how…

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